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 ...
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