Kathmandu. Nepal Micro Insurance Limited has issued an IPO from today (Magh 8). The company has opened the IPO sale to Nepalis employed abroad in the first phase.
The company has opened the sale of 10 percent of the total IPO units to be sold to the general public to Nepalis employed abroad in the first phase.
The company had received permission from the board to issue 2.25 million IPO units worth 225 million rupees at the rate of 30 percent of its issued share capital of 750 million rupees.
In which 10 percent, i.e. 225 thousand units worth 225 million rupees, can be purchased by Nepalis employed abroad. will receive.
Nepalese employed abroad can apply for the first phase of IPO purchase until Magh 22. Applications can be made from a minimum of 10 units to a maximum of 100,000 units. The price of each share is set at Rs 100.
The company has assigned a ‘CareNP BB minus rating’ to the company’s IPO. This indicates a medium level of risk in the company’s ability to meet its obligations.
The company’s IPO issuance and sale manager is NIMB S Capital Limited. Nepalis employed abroad can apply through all C-ASWA member banks and financial institutions approved by the Nepal Securities Board or using Mero Share online.
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