KATHMANDU: Sanima General Insurance is set to issue 3,000,000 units of shares in an initial public offering (IPO).
Sanima General Insurance will issue 3 million shares worth Rs 30 million (Rs 100 per unit).
Meanwhile, the company has assigned NIC Asia Capital Limited as the issue manager.
With Rs 70 million as the paid-up capital already, the company’s paid-up capital will reach Rs 1 billion following the IPO issuance.
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