Last day to apply for Guardian Micro Life Insurance

Dec 18, 2024 10:38 AM Merolagani



Today is the last day to apply for initial public offering (IPO) of Guardian Micro Life Insurance.

The company is issuing 2,250,000 units of IPO to the general public. Out of the total number of shares, the company is issuing 10 percent i.e. 225,000 units to the foreign migrated workers from December 4 .

The interested investors can apply for a minimum of 10 and maximum of 100,000 units of shares at a price of Rs 100 per unit.

The company has appointed Kumari Capital as the issue manager. The interested investors can apply from all ASBA approved BFIs and Meroshare. 

Care Ratings has assigned BB- rating to the issue indicating moderate risks.




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