Ajod Insurance Limited is issuing 30,00,000 units ordinary shares worth Rs 30 crore to the general public from Ashad 25, 2077. The early closing date of this IPO issue is on Ashad 29, 2077 and if the issue is not subscribed till Ashad 29 then this issue can be extended up to Shrawan 8, 2077.
Out of the offered 30,00,000 units; 4% of the total offered shares i.e. 1,20,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 1,50,000 units have been set aside for the mutual funds. The remaining 27,30,000 units are for the general public.
Applications can be placed for a minimum of 10 units and a maximum of 10,000 units.