Economy

IPO of Jyoti Life Insurance oversubscribed over 4.26 times

KATHMANDU: The IPO of Jyoti Life Insurance has received 11,59,703 applications for a total of 2,53,46,410 units, as per NMB Capital, the issue manager for the proposed IPO issue. The issue is already oversubscribed both in terms of the number of applications and units. This means that the lottery is...

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