IPO Result Alert / Sanima Life Insurance Company IPO Result / How to check IPO Result

 

The Allotment result of Sanima life Insurance Company ipo concluded today 30th Shrawan 2078 (14th August).

Sanima life Insurance Company ipo issued 60,00,000  unit share from 20th Shrawan among which among which 5% (300000 units) was separated for staffs and 5% ( 300000 units) was separated for mutual funds and remaining 54,00,000 unit for Public.  According to the issue manager Prabhu Capital Limited, 24,19,127 applicants have applied for a total of 3,69,43,440 units.. Out of 24,19,127 applicants only lucky 540000 person will get 10 unit of share each.

Sanima Life Insurance Limited was incorporated under the Companies Act, 2063 on 2064/08/13. Beema Samiti awarded the operating license on 2074/05/07 as per Sub-clause 3 of Clause 10 of Insurance Act, 2049 and Sub-rule 1 of Rule 8 of Insurance Regulations, 2049 to conduct business of Life Insurance and the company started its commercial operations on 2074/08/22. Promoted by Non Residents Nepalese (NRN), who have investment in Finance, Banking, Hydropower and Tourism etc in Nepal, Sanima Life Insurance aims to be a trusted name in the Life Insurance Sector of Nepal. Sanima Bank is the major promoter of Sanima Life Insurance Limited.

How to check the Result Of Sanima life Insurance Company IPO

The result of Sanima life Insurance Company IPO can be checked by two methods:

1. Mero Share: CDSC has created separate portal of Mero Share to see the ipo results. You can go through this link once the allotment process is done: Check result of Sanima life Insurance Company IPO 

2:Prabhu Capital Limited: You can also view the result by going through the website of issue manager Prabhu Capital Limited. Sanima life Insurance Company Ltd IPO Result