IPO Alert: Sanima Life Insurance Company Limited

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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

Issue Units:

No of Issue Units: 60,00,000 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 Date:

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

Credit Rating:

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.

click here to view offer letter of sanima life insurance company limited.