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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...

CG Communications has started internet service in Kathmandu Valley from today | CG NET

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  About CG NET  CG NET | CG Communications Limited is Nepal’s leading and the most admired Internet Service Provider company headquartered in the heart of the capital city, Kathmandu. The company is powered by Eight(8) plus decades of rich legacy as Nepal's first multinational conglomerate led by Mr. Binod K Chaudhary, Chairman – CG Corp Global | Chaudhary Group. Taking Nepal to the world. At CGNET, we embrace the change and thrive to empower digital lives. We are on a mission to transform the way people live, work, play, and everything. Let’s translate to better through the “Speed That Matters” We are onboarding to the fastest journey ever, what’s your speed? CG NET Offers - High-speed fiber network that helps you connect to your purpose. CG NET Delivers - Exceptional customer experience is our priority. Let us hear your smile. New Re-Insurance Company permission has been approved - Will issue IPO soon CG NET Core Value ENTREPRENEURSHIP HUMILITY LEARNING SOCIAL RESPONSIBILIT...

Himalayan reinsurance will get the license and issue IPO soon

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The proposed Himalayan reinsurance will get the license. The Insurance Committee had called for a proposal saying that another reinsurance company was needed after conducting a study of the reinsurance market. Following all the four companies, Himalayan Reinsurance will get the license of the reinsurance company. The Government of Nepal has 44.039 percent investment in the Nepal Reinsurance Company which is currently in operation. Similarly, the share of the public has been 16 percent. Vishal Group has 3 percent and Rastriya Bima Company has 2.7 percent investment. The remaining investment is from the old non-life insurance company. Five companies had submitted their proposals to the board after the committee called for a secret shillbandi proposal. According to a board source, the proposal study committee submitted a report that Himalayan Reinsurance got high marks while studying the proposals of five companies that submitted proposals to the board. The study report has been submitted...

Budget of Nepal 2078 79 (Full Nepali Version)

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Budget of Nepal 2078 79 Budget Speech - Government of Nepal - Ministry of Finance  Budget list of Nepal  1. Budget of Nepal 2078 79 2. Budget of Nepal 2077 78 3. Budget of Nepal 2076 77 Finance Minister Bishnu Poudel on Saturday unveiled a budget of Rs 1.647 trillion (Rs 1,647,570,000,000) for the upcoming fiscal year 2021/22.  Of the total amount of the budget, Rs 678.610 billion has been earmarked for recurrent expenditure while Rs 347 billion for capital expenditure by the federal government. Similarly, Rs 279.7 billion has been allotted for fiscal management.  These are the major highlights of the programs incorporated in the new budget.  The government has estimated the annual growth rate to stand at 6.5 percent in the next fiscal year. The government said the per capita disposable income will reach US $ 1,486 per capita per year. Government allocated Rs 4 billion to procure health kits and medical equipment necessary to fight against COVID-19 pandemic....

IPO Issue Alert :: IME Life Insurance IPO issue is in process

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IME Life Insurance Ltd IPO Issue Name: IME Life Insurance Limited Established: 2065 Aswin 15 (October 01, 2008) Operation Date: 1st Bhadra 2074 Paid up Capital: NPR 1.4 Billion Paid up Capital after IPO: NPR 2 Billion About IME Life Insurance   Registered in 2065 Aswin 15 (October 01, 2008), IME Life Insurance started its operation from 1stBhadra 2074 (August 17, 201) offering a range of individual and group insurance solutions that meet various customers' needs such as Protection, Savings, and Investment. IME Life has paid up capital of NPR 1.4 Billion and will reach 2 Billion after IPO. Company's reinsurance partner is Nepal Reinsurance Company Ltd.   Promoted by IME Group has an unrivalled strength - a wide reach with IME Group offices in Nepal and 6000 plus IME Centers and local remittance agents. IME Life is all set to conquer and establish a strong client base via agency, corporate agency, banc assurance and direct channels whom we call- our Strategic Par...

Upcoming Laghubitta IPO issue is in SEBON IPO Pipeline List | Manushi Laghubitta Bittiya Sanstha

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  About Manushi Laghubitta Bittiya Sanstha Limited Manushi microfinance program commenced in April 2002 as a major program of Manushi which was established in 1991. Presently, Manushi Microfinance is registered under company act and got the D class bank license from Nepal Rastriya Bank in Ashoj 25, 2075 B.S. The program is fully guided by the principles such as reaching the poorest, supporting and empowering women, building financially self-sufficient institutions and ensuring positive and measurable impact on the lives of clients and their families. With a view to opening up new venues of expansion and exploration of the program among clients, Manushi Laghubitta Bittiya Sanstha Limited is dedicated in pushing and pulling our activities further, bringing sustainable development and bringing them in the mainstream of development. Our program has supported the rural economy and has contributed to enhance social security, women's empowerment,child education, health and sanitation. We ...