IPO ISSUE Of General Insurance Company GICNL Issue Published Today | IPO KHABAR
General Insurance Company Nepal Limited is issuing 30,00,000 units worth Rs 30 crore as Initial Public Offering to the general public from today (Ashwin 11-14, 2077). The early closing date of this issue is on Asoj 14 and if the issue is not fully subscribed till Asoj 14, then it can be extended up to Asoj 25, 2077. Out of the offered 30,00,000 units; 4% of the total offered shares to the general public i.e. 1,20,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 1,50,000 units have been set aside for the mutual funds. The remaining 27,30,000 units are for the general public. NIBL Ace Capital Limited has been appointed as the issue manager for the IPO issuance. Applications can be placed for a minimum of 10 units and a maximum of 10,000 units. After the issuance of 30,00,000 units worth Rs 30 crore IPO shares the general public i.e 30% of total capital which will together raise its ...