Kathmandu. Kathmandu: The lock-in period of 112,500 units of shares of Nepal Micro Insurance Company Limited is set to end on September 15. The company has issued a notice stating that this is the case.
The company had issued 2.25 million units of IPO worth Rs 225 million, of which 112,500 units were allotted to the mutual fund.
As there was a provision to keep the shares of the collective investment fund in lock-in for six months from the date of ipo allocation to the general public, the shares were locked in accordingly. Now that time will end from August. Then it will come in the second market.
