Nepal Life Capital Limited has completed the unit allotment for the Nepal Life Samriddhi Investment Plan. Applications for the plan were open from Magh 4 to Magh 9, 2082 B.S., and the allotment was carried out on Magh 18, 2082 B.S. Due to oversubscription, the company increased the total units by 25%, bringing the total to 20 crore units.
Each unit has a face value of NPR 10, and the units are of a closed-end nature. They are also expected to be listed on the secondary securities market in the future. The plan, managed under Nepal Life Mutual Fund, is a 10-year closed-end investment scheme.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
