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Sanima General Insurance going to open IPO from October 8th | SGI IPO
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 Insurance Limited was registered on 2064 Ashadh 07 B.S as the public limited company at Company Registrar Office. Like wise this company has started its operation on 2075 Ashadh 27. This company has 70% paid up capital which is under the promoter group of the insurance company.
How much Units is good to apply in IPO ?
Sanima General Insurance company has open the the IPO application of the thirty lakh units shares. The investors of Nepal has great attraction on the IPO of the Insurance companies, Recent there was approx eight lakh application on the Initial Public Offering of the General Insurance (GIC), Out of eight lakh only two lakh seventy thousand applicant has got 10 units shares. So it is good to apply only 10 units at the time of issuance of IPO.
How to apply IPO ?
It is very easy now to apply for the IPO. You can go to bank with the account number, Demat number and CRN number to apply for the IPO. Almost all the commercial banks and the several development bank and finance company are become the member of the ASBA network in which you can apply IPO.
The another option and the popular option for the IPO application is Mero share. Mero share service can be taken from the different capital and banks. Mero share helps to apply share more easily form home . You can have this service through the banks and capital
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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 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) 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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