Sanima General Insurance Company Limited is going to open IPO issue and sale to the public from October 8th 2020. The company is about to issue 3 million IPOs at a face value of Rs 100, equivalent to Rs 300 million. Out of the total shares to be issued by the company, 120,000 shares have been set aside for the company's employees and 150,000 shares for mutual funds. The general public will be able to apply for the remaining 2.7 million shares. Applications for the company's IPO can be submitted till September 10. Investors will be able to apply for a minimum of 10 units and a maximum of 1,000 Units. The issue and sale manager of the company is NIC Asia Capital Limited . Interested investors can apply through ASBA service banks and financial institutions as well as through my shares. Currently, the company's paid-up capital is Rs 700 million. The company's paid-up capital will reach Rs 1 billion after the IPO. About Sanima General Insurance Limited Sanima General Insur...
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