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SEBON's permission to issue IPO to Union Life Insurance Limited

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IPO ISSUE OF UNION LIFE INSURANCE COMPANY LIMITED Date: Jun 28, 2021 SEBON's permission to issue IPO to Union Life Insurance Limited Union Life Insurance limited has received permission to issue an IPO. The Securities Board of Nepal (SEBON) has given permission to the company to issue shares on July 27. The company will issue 64,50,000 units IPO shares to the general public soon.  ICRA Rating of Union Life Insurance   The rating agency ICRA Nepal has given 'ICRNP-IR Triple B' rating to the IPO that the company is about to issue. This indicates that the investment in the company's primary shares has a moderate level of security and is able to meet financial obligations on time. ICRA Nepal has assigned “[ICRANP] IPO Grade 4+” indicating below average fundamentals to the proposed initial public offering (IPO) issue amounting to NPR 645 million of Union Life Insurance Company Limited (ULICL). ICRA Nepal assigns IPO1 grading on a scale of IPO Grade 1 to IPO Grade 5, with G...

60 Lakh Units IPO share of Sanima Life Insurance is in SEBON IPO Pipeline

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 ABOUT SANIMA LIFE INSURANCE COMPANY Nepali Sanima Life Insurance Limited (SLIL) was incorporated under the Companies Act, 2063 on 2064/08/13. Beema Samiti awarded the operating license on 2074/05/07 as per Sub-clause 3 of Clause 10 of Insurance Act, 2049 and Sub-rule 1 of Rule 8 of Insurance Regulations, 2049 to conduct business of Life Insurance and the company started its commercial operations on 2074/08/22. Promoted by Non Residents Nepalese (NRN), who have investment in Finance, Banking, Hydropower and Tourism etc in Nepal, Sanima Life Insurance aims to be a trusted name in the Life Insurance Sector of Nepal. Sanima Bank is the major promoter of Sanima Life Insurance Limited. Sanima Life Insurance  Sanima Life Insurance is committed to provide an entirely new experience to the insuring public in Nepal through state-of-art technology and variety of options in respect of products. For Sanima Life, everyone the new born, the youth and the senior citizen, is a potential custo...

IPO Issue of Jyoti Life Insurance

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Jyoti Life Insurance Company Ltd (JLICL)   is going to issue 6600000 units IPO to the general public from Falgun 21 to Falgun 25 ie; March 5, 2021 to March 10, 2021.  SEOBN has been given approval for the issuance of ordinary IPO shares of 66 lakh units worth Rs. 660000000 to general public. (Updated: 4 march) Out of which 5 percent or 333,000 units have been secured for collective investment funds and 333,000 units for employees. The general public will be able to apply for the remaining 5940000 units. Investors will be able to apply for a minimum of 10 lots and a maximum of 66,000 lots. IPO Issue Details COMPANY NAME: JYOTI LIFE INSURANCE CO. LTD SECTOR: Insurance  SEBON Approval Date: 2077/11/07 TOTAL REGISTERED SHARE: 22000000 TOTAL PUBLIC ISSUE SHARE: 6600000 (30%) a) 5% of total 333000 units for Collective Investment Funds b) Remaining 5940000 units for General Public ISSUE MANAGER : NMB Capital Ltd Issue Manager Jyoti Life Insurance Ltd has appointed  NMB Capi...

Upcoming IPO of RS 18 Arba including beema hydropower and laghubitta Coming soon

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Are you in the habit of wasting money in this decade? If so, don't do it. Some of the money you save now can become many thousands in the future. No amount of money is enough to spend, so today's small savings and investment can be a good income in the future. There are several ways you can earn a living. Among the various ways to invest, you can invest in stocks with little risk. Now, investing in stocks by saving expenses gives a good return in two years. Therefore, it is wise to invest in stocks by reducing wasteful spending in the decade. Company Share Units Issue Date Ru Jalabidhyut Pariyomene Ltd. 896952 Prabhu Life Insurance Limited 5400000 14/12/2020 Shuvarn Power Ltd 580580 Emerging Nepal Limited 500000 UDR Hydropower Development co. 2518230 Terhathum Power Company Ltd. 1200000 Himalayan Hydropower Urnited 2250000 Bindhyabasini Hydropower Development Co. Ltd 2500000 Dish Media Network Limited 2385929 CBILcapital Ltd 300000 Mailung Khola Vidhyut Co. Ltd. 736286 Green...