Friday, October 2, 2020

Sanima General Insurance IPO Notice

 Sanima General Insurance Limited has published an announcement to issue 30 lakhs units of general shares with unit price of NRs. 100. Out of the issued total 30 lakhs units, 1 lakh 20 thousand units (4 percent of the total issue) have been reserved for the employees of the company and 1 lakh 50 thousand units (5 percent) have been reserved for institutional investors and different mutual funds. 

Total units available for the general public: 27 lakhs 30 thousand units.

Investors can apply for a minimum of 10 units and maximum of 1000 units. 

Initial Date of opening : 2077/06/21     

Last Date for application (early): 2077/06/25  

Last Date ( if unsubscribed till early closure date): 2077/07/06

The company has EPS of NRs. 2.66 as per the unaudited financial report of Fiscal year 076/077 and have projected EPS of NRs. 4.54, 7.84 and 15.82 respectively for the fiscal years 077/078, 078/079 and 079/080.

More details about the company and the issue can be found on the notice below. 






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