General Insurance Company Nepal Limited will issue IPO from Ashoj 11

This biggest number of IPO in Nepal is going to issue soon. General Insurance Company Nepal Limited is going to issue IPO from Ashoj 11 2076. The Company will issue 30 lakh unit shares worth rupees 30 crore which has face value Rs:100. Out of 30 lakh units share the company had allocated 120000 units shares to the employee of the organization, 150000 shares are allocated to the mutual fund and rest 2730000 units shares will be issued to the general public. The duration for the IPO application is Ashoj 11 to Ashadh 14. The applicant can apply through Mero share and those banks who are the members of ASBA The applicant can apply from 10 units to 10 thousand units . NIBL Ace Capital is the Issue Manager of the IPO issue.

Like wise  General Insurance has earned 5.6 Crore profit on last fiscal year. This company had paid-up capital 70 crore and after the IPO allotment, the paid-up capital of the company will be 1 arba.The earning per share of the company is 7 rupees and 23 paisa only. 

How Many Units share is good to apply ?

The number of new investors has been increasing day by day in the primary issue of the stock market. Up to 100,000 applicants have been added to each new eviction. The same is true of the demand for the latest evictions. On this basis, the number of applications for General Insurance's IPO is almost certain to set a new record. Accordingly, even in this eviction, less than half of those who have applied for IPO will get 10 lots from the round. The remaining half of the applicant's hand will also be empty in it. Based on the number of applications received in the last IPO Reliance Life, about 600,000 (589,464) applications were received. Accordingly, at least 600,000 applications will be received for the IPO of General Insurance. Only 45 out of 100 people will get 10 lots of shares through the round of application while the remaining 55 will be left empty-handed. Accordingly, an application of 10 lots, i.e. Rs. While half of the applicants do not get 1,000 shares, some believe that they will get the shares if they apply for more. However, securities issuance and sales managers say that it is not possible to get shares by applying for a large amount of money. Applications can be submitted till Wednesday, September 30 NIVL Capital has stated in the share issue manager that one can apply for the company's IPO from 11 to 14 September. There is an arrangement to apply for a minimum of 10 lots and a maximum of 10,000 lots. Investors wishing to apply for an IPO will be able to apply for shares through banks and financial institutions that receive ASWA services, as well as through the My Share app and My Share software. Currently, there is no arrangement to apply from my share mobile app. Currently, the company's paid-up capital is Rs 700 million. The paid-up capital will reach Rs 1 billion after the IPO. Non-life insurance companies are required to maintain a minimum paid-up capital of Rs 1 billion as directed by the Insurance Committee.

Download Typeshala for windows 7, Download Typshala

Typeshala is one of the very useful apps for those who are willing to learn English and Nepali typing. This is the very easiest tool to make the speed fast and accurate. Typeshala has many levels by which you can enhance your typing skills. It also provides free-hand typing and entertains the user with a small game. Typeshala is most useful for the beginner, who wants to learn Nepali and English Font typing from starting. Typeshala Software includes the Ramayana game, which helps to increase your typing skill. Typing Nepali is tough until you don’t practice well. For Nepali Typing practice, here is the Nepali typing tutor software named Typeshala. Typeshala is a training tool to type in Nepali Devanagari as well as English Script. With the help of typing software, users can make their typing speed very fast in Nepali and English. Typeshala is very useful for any level of people who wants to improve their typing skills. Typeshala is the easiest way to learn typing skills in Engli

Job Application Letter Sample, Covering Letter Format, Covering letter Templete

job application letter sample in Nepal A job application letter is the first impression of the candidate to the job applied company. This is the first phase of the job application which has to be done very responsibly. This letter is also known as a cover letter. This letter is commonly sent with the resume of the candidate. If it is serious about the job application letter, there is a chance to get in the interview round. This job application includes all the detailed information about the candidate and why the candidate is eligible for the job. As we know that the main target of a cover letter is to get into the next step which is the interview. A cover letter is also known as the door to enter the interview. Many things should be concerned while we are drafting the cover letter. We have to write the source from which we find the vacancy. The reasons for applying for the concerned job should be clearly mentioned on the application letter. What are the contents of a Job applic

Nepal Electricity Authority (NEA) Syllabus, bidhut pradhikaran syllabus

Nepal Electricity Authority (NEA) was created on August 16, 1985 (Bhadra 1, 2042) under the Nepal Electricity Authority Act. 1984, through the merger of the Department of Electricity of the Ministry of Water Resources, Nepal Electricity Corporation, and related Development Boards. To remedy the inherent weakness associated with these fragmented electricity organizations with overlapping and duplication of works, the merger of these individual organizations became necessary to achieve efficiency and reliable service. The primary objective of NEA is to generate, transmit and distribute adequate, reliable, and affordable power by planning, constructing, operating, and maintaining all generation, transmission, and distribution facilities in Nepal's interconnected and isolated power system. In addition to achieving the above primary objective, NEA 's major responsibilities are: a. To recommend to the Government of Nepal, long and short-term plans and policies in the power sector.

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