IPOGMLIGeneral

Guardian Micro-Life Insurance Company Limited

Closed
Opens
5 Jan 2025
Closes
8 Jan 2025
Price / unit
Rs. 100
Minimum units
10
Maximum units
1,00,000
Total units
18,45,000
Eligibility
General public
Issue manager
Kumari Capital Limited
Rating
[CARE-NP-BB-(is)] (CARE Ratings Nepal)
Check allotment result

Highlights

  • Issue manager: Kumari Capital Limited.
  • 18,45,000 units offered at Rs. 100 each.
  • Credit rating: [CARE-NP-BB-(is)].

About this issue

Guardian Micro-Life Insurance Company Limited issued 18,45,000 units as an IPO at Rs. 100 per unit, with Kumari Capital Limited as the issue manager. The issue carried a credit rating of [CARE-NP-BB-(is)].

Applications for public issues in Nepal are made through Meroshare (ASBA). This page is informational only — StockYatra does not accept applications or payments.

How to apply

IPOs in Nepal are applied through Meroshare (ASBA). You’ll need:

  • A Demat account and a linked Meroshare account (opened through any DP — a bank or broker).
  • A bank account with ASBA enabled and your CRN number.
  • Your Meroshare and bank transaction PINs.
  1. 1

    Log in to Meroshare during the issue’s open window.

  2. 2

    Open “My ASBA” and find the issue under the current applications.

  3. 3

    Choose the company, then select your ASBA bank.

  4. 4

    Enter the number of units (minimum is usually 10) and your CRN.

  5. 5

    Enter your transaction PIN and submit the application.

  6. 6

    After the allotment date, check the result in Meroshare or at iporesult.cdsc.com.np.

  7. 7

    If allotted, the shares appear in your Demat — you can sell them after listing.

Open Meroshare →

StockYatra is informational only. We do not accept IPO applications or payments — all applications are made through Meroshare/ASBA.