10 million shares of GIC listed on Nepse

10 million shares of General Insurance Company Limited have been listed in Nepse. A share listing agreement was signed between Nepal Stock Exchange (NEPSE) and General Insurance on Monday. Its share trading will be open from Tuesday.

 

Out of the total shares listed in Nepse, 3 million lots have been sold recently. General had issued an IPO at a face value of Rs 100 per share from September 29 to October 30.

In the IPO, 273,000 people had acquired shares at the rate of 10 lots. 5 lakh 21 thousand 546 applicants were denied IPO.