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Nepal Infrastructure Bank (NIFRA) IPO There is good news for all the IPO share investors who are very depressed by not allocating the recent Issued IPO. So chill out people here is one great news for all investors. The biggest number of IPO of the bank is knocking on your door. Nepal Infrastructure Bank Limited (NIFRA) is going to issue the Initial Public Offering in Near Future. This bank is planning to issue 8 Crore Units shares worth Ruppess 8 arba which will be the biggest IPO ever issue in Nepal share market history. According to the notice regarding the second Annual General Meeting of the bank, there is the special proposal of issuing 8 crore units IPO with the face value of 100 per share. The company has already decided to issue IPO in the first annual general meeting. Among 8 crore units share 0.2% of the total shares allocated to the employee of offices. About Nepal Infrastructure Bank Limited Nepal Infrastructure Bank Limited (NIFRA) is established as a National Level Infra...

The allotment of Sanima General Insurance SG I will be done soon. According to the IPO issue manager, NIC Asia Capita l the allotment will be done on October 15 Friday 8:30 AM Mahila Laghubitta IPO in Near Future Nearly nine lakh people have applied for the 3 million IPOs issued by Sanima General Insurance . However, as final verification from the banks is yet to be done, official figures are yet to come. Ramendra Rayamajhi, CEO of NIC Asia Capital , the sales manager of the IPO issued by Sanima Life, said that the allotment will be done before dashin .  Click Here for General Insurance IPO Result Rayamajhi also said that the final data was yet to come from the bank and permission from the regulatory body was yet to be obtained but the distribution would be completed a decade ago as work was being done at a fast pace.NIC Asia Capital has stated that it will try to distribute the IPO as soon as possible. According to the company, the IPO will be distributed after selecting the ...

Another insurance company is going to issue the Initial Public Offering  from 14th December 2020. We are talking about Prabhu Life Insurance  Limited . Prabhu Life Insurance company is one of the operating life insurance companies of Nepal. About Prabhu Life Insurance Limited Prabhu Life Insurance Limited  (PLIL) was formally known as Star Life Insurance. This insurance company has started its operation from December 14 2017. The Major Promoter of this insurance company are as follows :- Prabhu Bank Limited Shangrilla Development Bank Limited Prabhu Life Insurance Company IPO Prabhu Life Insurance Limited is going to issue sixty lakh units of initial public offering (IPO). This company had submitted an application for permission to issue IPO to the security Board of Nepal. After the approval from the SEBON the company will open the application the IPO for the general public. This company will issue the 60 lakh units shares with the face value 100 which worth is Rs. ...

The IPO of General Insurance sold to the public has been distributed on Tuesday, September 8. A total of 524,054 applicants have been left empty-handed in the distribution held at the office of NIBL ​​Ace Capital , the manager of the company's share issue and sale.As many as 270,000 applicants applying for the company's shares have received 10 lots of shares from the round as per the share issue and distribution regulations.A total of 2,14,59,370 IPO applications were received from a total of 7,96,734 applicants for the IPO of the insurance company, while 48,640 shares from 2,188 applicants were rejected, according to Capital.Out of 794,546 applications for IPO, 214,10,710 shares have been duly applied for and 270,000 shares have been distributed through round robin. The company had issued 3 million IPOs worth Rs 300 million at a face value of Rs 100 from September 29 to October 30. Out of the total shares issued by the company, 120,000 shares were set aside for employees of t...