Sanima Life Insurance Company Limited is going to issue 60,00,000 ( 60 Lakhs ) units of share for 100 Rs. Per share worth Rs.60,00,00,000 (60 Crore) as initial public offering (IPO) to the general public.
Details of IPO are as follows:
Company Name: Sanima Life Insurance Company Limited
No of Issue Units: 60,00,000 units
- Units offered to Employee of the company: 3,00,000 Units (5% of total offered shares)
- Units aside for the for the mutual funds: 3,00,000 Units (5% of total offered shares)
- Units available for General Public: 54,00,000 Units
Share Value Per Unit: Rs.100 Per Share
Min Quantity to be applied: 10 Units
Maximum Quantity can be applied:30,000 Units
Issue Open Date: Wednesday, Shrawan 20, 2078
Issue Close Date: Sunday, Shrawan 24, 2078 (After Banking Hours)
: if issued share is not fully subscribed till Shrawan 24, 2078, it can be extended up to Bhadra 2, 2078
Issue Manager: Prabhu Capital Limited
CARE-NP BBB- (Is) by Care Ratings Nepal Limited means Issuers with this rating are considered to offer moderate degree of safety regarding timely servicing of financial obligations, in Nepal. Such issuers carry moderate credit risk
Applicants can apply through https://meroshare.cdsc.com.np/ or from respective bank branches.