30th June 2025, Kathmandu
The lock-in period for 112,500 shares of Guardian Micro Life Insurance Limited, allocated to mutual funds during its Initial Public Offering (IPO), is set to end on Shrawan 4, 2082 (July 20, 2025). This information was released through a formal notice by the company’s share registrar, Himalayan Investment Banker Limited.
Guardian Micro Life IPO Lock-in
Lock-in Period Set To Expire
According to the notice, the shares were allocated to mutual fund schemes as part of the company’s IPO issuance and have remained under the mandatory six-month lock-in period as per regulatory provisions set by the Securities Board of Nepal (SEBON). This period will officially conclude on Shrawan 4, after which these shares will become tradable on the secondary market.
IPO Overview
Guardian Micro Life Insurance had issued 2,250,000 IPO shares, which represent 30% of its total issued capital of NPR 750 million. Out of the total IPO shares issued, 112,500 shares were allocated specifically to mutual funds, in compliance with SEBON regulations that require a designated portion of public offerings to be distributed among institutional investors.
The IPO was distributed to the public and institutional investors as per the rules, and the lock-in period for mutual fund allocations began from the date of IPO allotment.
Shareholding Structure And Lock-in Regulations
While the six-month lock-in period applies only to shares allocated to mutual funds, shares allotted to founders and employees of Guardian Micro Life are subject to a three-year lock-in period, by prevailing regulatory guidelines.
This tiered lock-in structure is intended to ensure stability in the stock’s early trading phase while promoting long-term commitment from promoters and internal stakeholders.
Share Registrar Details
Himalayan Investment Banker Limited serves as the official share registrar for Guardian Micro Life Insurance. The registrar is responsible for managing shareholder records, overseeing share allotments, and ensuring compliance with securities market regulations.
With the expiration of the mutual fund lock-in period approaching, market analysts and investors may observe increased activity involving Guardian Micro Life shares in the secondary market, as institutional trading resumes.
About Guardian Micro Life Insurance
Guardian Micro Life Insurance is a Nepal-based micro life insurance provider, committed to offering financial protection and life coverage to underserved and low-income communities. Through its IPO and expansion strategy, the company aims to deepen financial inclusion and enhance insurance penetration in rural and semi-urban areas of Nepal.
The company’s public offering and its compliance with regulatory norms mark another significant step in the growth of Nepal’s insurance and capital market sectors.
For more:- Guardian Micro Life IPO Lock-in