सानिमा जनरल इन्सुरेन्सको आइपीओ आज बाँडफाँट हुँदै
The IPO of Sanima General Insurance is scheduled to be distributed on Friday (September 16). According to sales manager NIC Asia Capital, the IPO will be held at its office in Babermahal, Kathmandu at 8.30 am. The sales manager has informed that the IPO of the company has already been pre-allotted. Applicant will have to depend on luck to get shares. Those who are lucky from the lottery will get shares. 
The company has sold 3 million IPO lots worth Rs 300 million to the public since September 8. Out of the total, 120,000 units have been allocated for the employees of the company and 150,000 units for the collective investment fund. The remaining 2.73 million shares have been issued to the public.
8 lakh 83 thousand 624 people have applied for 19 million 12 thousand 340 kitta on this IPO . A total of Rs 1.90 billion 12 lakh 34 thousand has been applied. It is 6.94 times more applications based on the total 2.73 million lots opened for sale to the public.
The IPO has been given the rating of Care NPBB Plus by Care Rating Nepal. At present, the paid up capital of this company is Rs. 700 million. After the IPO, the paid-up capital will reach Rs 1 billion. There is a provision that the minimum paid-up capital of non-life insurance companies should be Rs 1 billion.
8 lakh 83 thousand 624 people have applied for 19 million 12 thousand 340 kitta on this IPO . A total of Rs 1.90 billion 12 lakh 34 thousand has been applied. It is 6.94 times more applications based on the total 2.73 million lots opened for sale to the public.
The IPO has been given the rating of Care NPBB Plus by Care Rating Nepal. At present, the paid up capital of this company is Rs. 700 million. After the IPO, the paid-up capital will reach Rs 1 billion. There is a provision that the minimum paid-up capital of non-life insurance companies should be Rs 1 billion.
