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Sanima General Insurance to issue IPO worth Rs 30 mln


27 February 2020  

Time taken to read : < 1 Minute


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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.

Publish Date : 27 February 2020 15:31 PM

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