Check Sanima Life Insurance IPO Result

Check Sanima Life Insurance IPO Result. How to check ipo result of Sanima Life Insurance.

Check IPO Result

Sanima Life Insurance

The IPO result of Sanima Life Insurance will be published at 11 am on Saturday (30th Shrawan 2078 / 14th August 2021). According to sales manager Prabhu Capital, the company's IPO will be distributed at 11 am Saturday at Sanima Life Insurance's office in Durbar Marg. 

In Sanima Life  Insurance IPO, 2,419,127 applicants have applied for the purchase of 36,943,440 shares. This is 6.84 times more than the IPO opened to the public. Some applications may be rejected.

Out of the total applicants applying for the IPO sold by the company, only 540,000 will get shares at the rate of 10 units through round-robin.

Upcoming IPO Share in Nepal: Click Here To View

How to Renew your Meroshare and DEMAT Account : Click Here To View

Note: Check your IPO result from below links (After Result Published):

• Check IPO Result (MeroShare - IPO Result)
• Check IPO Result (Mero Share Profile)
• Check IPO Result (Prabhu Capital Limited)
• Check IPO Result (Sanima Life Insurance)

How to Check Sanima Life Insurance Company IPO Allotment (Result):

You have to follow the following instruction to fast check the IPO result of Sanima Life Insurance Company:

Step 1: Log on to www.iporesult.cdsc.com.np

Step 2: You will see this type of interface on your device.

Step 3: Type your 16 digit BOID Number (Beneficial Owner Identification Number)

Step 4: Click on View Result Tab. 

Finally, you will get the result message on the interface.

Prabhu Capital Limited has been appointed as the issue manager for the IPO issuance. According to the issue manager, 24,19,127 applicants have applied for a total of 3,69,43,440 units. This is the data after the issue closed today. Thus, the issue is oversubscribed 6.84 times.

The paid-up capital will reach Rs. 2 Arba after the issuance of the public shares. After the IPO issue, public holding will be 30% and promoters holding will be 70%.

Care Ratings Nepal (CRNL) has assigned a ‘CARE-NP BBB- (Is)’ rating to Sanima Life Insurance Limited. Issuers with this rating are considered to offer a moderate degree of safety regarding the timely servicing of financial obligations in Nepal. Such issuers carry moderate credit risk.

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