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 Insu...

 Manushi Laghubitta Bittiya Sanstha Limited IPO issue date has been fixed. The company will issue ordinary share to the general public from Shrawan 27, 2078 i.e 11 August,2021. The company is about to issue an IPO worth Rs 39.37 million. Manushi Laghubitta is going to issue a total of 393,750 units IPO at the rate of Rs 100 per share. Share Allocation  Out of which 0.5% or 5 thousand 469 shares have been allotted to employees and 5% or 19 thousand 688 shares to mutual funds. The general investors will be able to apply for the remaining 368,593 units.  For Employees (0.5%) = 5,469 Units For Mutual fund (5%) = 19,688 Units and For the general public = 3,68,593 Units  Applications for the microfinance IPO can be submitted till August 15, 2021 i.e Shrawan 31, 2078. If all the IPOs are not sold at that time, applications can be submitted till August 25, 2021.  Manushi Laghubitta Bittiya Sanstha Limited IPO Issue Manager  Manushi Laghubitta Bittiya Sanstha Limi...

 The process of adding new companies in the capital market will continue this fiscal year as well.  Like last year, this year too, Nepal's IPO market can be expected to look encouraging.  The number of companies seeking IPO permission in the Nepal Securities Board has now reached 17.  Similarly, four companies are preparing to evict after getting permission.  The 17 companies in the Securities and Exchange Board's pipeline have sought permission to issue IPOs worth a total of Rs 5.372 billion.  If the board approves the IPO of all these companies, a total of 53,72,548 shares will be added to the market.  Most of the companies that have sought permission from the Securities and Exchange Board for IPO issuance belong to the hydropower group.  Meanwhile, Malung Khola Hydropower Company, Sanima Life Insurance, Manushi Microfinance and Samling Power have already received permission from the Securities and Exchange Board to sell IPOs.  Of these, Ma...

 Norvic International Hospital (NIH) has converted into a public limited company, aiming to float primary shares to the public to raise capital for its expansion plan. Norvic Hospital, which has laid the foundation for quality healthcare in Nepal from the private sector, has transformed itself from a private company to a public company under the concept of expanding its services in the future and ensuring public participation in this work. This is probably the country’s first hospital that has looked forward to issuing its shares to the general public. At a time when real sector companies are being reluctant to go public, the Capital-based hospital has decided to do so. Som Nath Bastola, information officer for NIH, said the hospital is planning to expand its services from the locations out of the valley. According to him, they have been adding up 100 beds in the Kathmandu-based infrastructure along with opening a 100-bed hospital each in Sunsari and Bhairahawa. “The time and modal...

 Union Life Insurance Company Limited (ULICL) IPO issue 64,50,000 units to the general public has been closed Monday i.e. 2021, Jul 12. The issue has collected 21,50,478 application of 3,40,10,890 units. Since it was oversubscribed on the first day of issue now reached by 5.8 times in terms of the number of units. All applications through the online and c-asba application forms are completely centralised. The issue manager Prabhu Capital Limited has announced final eligible application report. We can assumptions that numbers of DEMAT account opening these days, probability to get 10 Units IPO Share for the applicant has been stepping down day by day. The IPO issue has received the highest number of applicants for a single IPO issue in Nepal's capital market history. IPO Share Allocation Details: Company Full Name: Union Life Insurance Company Limited (ULICL) Total IPO ISSUE : 64,50,000 Units Date of IPO ISSUE Open: 24 Ashadh 2078 Date of IPO ISSUE Close: 28 Ashadh 2078 IPO...

  Manakamana Smart Laghubitta ipo result will publish soon. The IPO issue manager, NMB capital is going to publish IPO allotment result coming Monday i.e. 2078 Asar 28. Manakamana Smart Laghubitta oversubscribed more than 73 times. During this issue period 19 lakh plus applicants have applied for 2 Crore 50 Lakh units. where the company had issued 3 Lakh 89 Thousand units IPO for general public. UPDATE: IPO Result will publish on Monday i.e. 2078/03/28 . The IPO of Manakamana Smart Microfinance Institution will be held on Monday. Shrijesh Ghimire, chief executive officer of NMB Capital, the sales manager of the company, said that the pre-allotment has been completed and the IPO will be held next Monday. CDSC IPO RESULT New way to view IPO Result Of the IPOs sold 73 times, or 2,036,245 applications, 2,65,74,050 lots worth Rs 2.65 billion have been received. Probability to get 10 Units IPO of Manakamana Smart Laghubitta Bittiya Sanstha Limited As we know, daily increase ratio of DEM...

  Union Life Insurance Company Limited (ULICL) IPO Issue and IPO Result (Allotment) Total IPO Issue (Unit): 64,50,000 Total IPO Worth (Rs) 64,50,00,000 IPO Issuance Manager: Prabhu Capital Limited IPO Result / IPO Allotment Result Status: Application Receiving IPO Face Value Rs. 100 Date of Approval From SEBON 2078-2-30 IPO Issued Date 2078-03-24 to 2078-03-28 5:00PM Share for Mutual Investment Fund  5% (Unit) 3,22,500 Units Share for Company Employees 5% (Unit) 3,22,500 Units Share for Individual Investor (General Public) 58,05,000 Units ICRA Nepal Credit Rating (ICRA) [ICRANP-IR] BBB (assigned) * Note: Issuers with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Union Life Insurance  IPO RESULT | UPDATE About Company summary:   Union Life Insurance Company Limited has been established with the intention of contributing to the economic development of the country and strengthening the economic living ...