IPO ISSUE DATE FIXED: Sanima Life Insurance Company Limited

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 Sanima Life Insurance Company Limited has been fixed IPO Issue date to issue 60,00,000 units worth Rs 60 crore as Initial Public Offering to the general public. IPO Issue will open from Shrawan 20 to -24, 2078 i.e August 04 to 08, 2021. The early closing date of this issue is on Shrawan 24 and if the issue is not fully subscribed till Shrawan 24, then it can be extended up to Bhadra 2, 2078 i.e August 18, 2021.



Share Allocation of Sanima Life Insurance Company Limited


Out of the offered 60,00,000 units; 5% of the total offered shares to the general public i.e. 3,00,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e.3,00,000 units have been set aside for the mutual funds. The remaining 54,00,000 units are for the general public.


For Employees

5%

3,00,000 Units

For Mutual Fund

5%

3,00,000 Units

For the General Public

90%

54,00,000 Units


ICRA Nepal Rating of IME Life Insurance Company Limited


 IME Life Insurance Company has received a 'CareNP Triple B (BBB)' rating for IPO issuance. According to rating agency CARE Nepal, the rating indicates that the company is able to meet its financial obligations on time.


IPO Issue Manager of Sanima Life Insurance Company Limited


 Sanima Life Insurance Company Limited has been appointed Prabhu Capital Limited for Initial Public Offering (IPO).


About Company Sanima Life Insurance

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