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Guardian Micro Life Insurance Limited GMLI has successfully listed an IPO comprising 7,500,000 shares on NEPSE. This total encompasses both the shares owned by promoters and the portion allotted to the general populace.
The initial trade range is set between Rs. 100.34 and Rs. 301.02. Should the company formalize an agreement with NEPSE, these IPO shares will become available for trading on the secondary market the following day.
From the overall issuance of 7,500,000 shares, a total of 2,250,000 IPO shares with a face value of Rs 100 were made available to the public from Poush 21 to Poush 24, 2081.
It is important to note that the shares will trade under the ticker symbol ‘GMLI’.
