Crest Micro Life Insurance Ltd. (CMLI) -IPO result on March 19, 2025 (Chaitra 5, 2081). According to the issue manager, NIMB Ace Capital, the IPO allotment will take place at 8:30 AM at its Lazimpat office in Kathmandu.
IPO Oversubscription & Lottery-Based Allotment
Due to high demand, the IPO has been oversubscribed by 13.27 times. A total of 2,048,538 investors applied for 24,492,170 shares, whereas only 184,500 applicants will be allotted shares through the lottery system. This means that 1,864,038 investors will not receive any shares.
IPO Issue Details
Crest Micro Life Insurance had issued 1,845,000 shares at a face value of NPR 100 per share between March 5-9, 2025 (Falgun 22-26, 2081).
The company had received approval from the Securities Board of Nepal (SEBON) to issue 2,250,000 shares, out of which:
- 225,000 shares were already allocated to Nepali workers abroad.
- 67,500 shares were reserved for company employees.
- 112,500 shares were allocated for mutual funds.
- The remaining 1,845,000 shares were issued for the general public.
Crest Micro Life Insurance Ltd. (CMLI) IPO Allotment & Opening Share Price Details
| Crest Micro Life Insurance Ltd. (CMLI) | Opeing Share Price and IPO Allotment infoamtion | |
|---|---|
| Details | Information |
| Allotment Date | March 19, 2025 (Chaitra 5, 2081) |
| Allotment Time | 8:30 AM |
| Allotment Venue | NIMB Ace Capital, Lazimpat, Kathmandu |
| Total Applicants | 2,048,538 |
| Total Shares Applied | 24,492,170 |
| Total Shares Allotted | 1,845,000 |
| Total Successful Applicants | 184,500 |
| Total Unsuccessful Applicants | 1,864,038 |
| Crest Micro Life Insurance Ltd. (CMLI) | |
| Sector | Life Insurance |
| Shares Outstanding | 5,250,000.00 |
| Market Price | 0.00 |
| % Change | 0 % |
| Last Traded On | – |
| 52 Weeks High – Low | 0.00-0.00 |
| 120 Day Average | 0.00 |
| 1 Year Yield | 0.00% |
| EPS | 1.53 (FY:081-082, Q:2) |
| P/E Ratio | 0.00 |
| Book Value | 103.75 |
| PBV | 0.00 |
| % Dividend | – |
| % Bonus | – |
| Right Share | – |
| 30-Day Avg Volume | 0.00 |
| Market Capitalization | 0.00 |
How to Check IPO Result?
Investors can check the Crest Micro Life Insurance IPO result through:
- NIMB Ace Capital’s official website – Click here
- CDSC Mero Share Portal – Login to Mero Share
- Nepal Stock Exchange (NEPSE) official website
Company Rating & Risk Assessment
ICRA Nepal has assigned a Double B (ICRANP Issuer BB Rating) to Crest Micro Life Insurance. This rating suggests that the company has a moderate risk level in fulfilling its financial obligations.
The rating was issued on Bhadra 7, 2081 (August 24, 2024) and remains valid until Bhadra 5, 2082 (August 22, 2025).