Skip to main content

General Insurance IPO Sale Open

General Insurance Company (GIC) has opened IPO issuance and sale to the public from September 27.

The company has opened 3 million IPOs worth Rs 300 million at a face value of Rs 100.  Out of the total shares issued by the company, 120,000 shares have been allotted to the employees of the organization and 150,000 shares to the 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 30.  Investors will be able to apply for a minimum of 10 lots and a maximum of 10,000 lots.


 NIBL Ace Capital Limited is the manager of the share issue and sale of the company.  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.


 The insurance company had earned a net profit of Rs 56 million by the end of last fiscal year by earning a net premium of Rs 209.6 million.  The company, which had a paid-up capital of Rs 700 million during the period, has an annual earnings per share of Rs 7.23.  The company has accumulated Rs 46.6 million in the reserve fund.

Labels:

Comments

Post a Comment

Popular posts from this blog

llb first year old question

LLB first-year-old question Constitutional Law Exam Year / 2079 Jurisprudence 2075, LLB first year Constitutional Law (323) , 2075 Administrative Law (328) LLB first year 2075 Family Law 325 / LLB first year 2075 Law of Contract (325) , LLB first year 2076 Tribhuvan University  2075 LL.B / LAW / I Year   Full Marks: 100  Comparative Law and Nepalese  Legal System (324)1  Time: 3 hrs.   candidates are required to give their answers in their own words as far as practicable. All the questions are of equal value.  Attempt any FIVE questions. What t do you mean by comparative approach to legal studies?  Explain. at are the sources of Hindu and Muslim law? Explain.  Are Chinese law and the socialist legal system the same or different? Shed light on the development of socialist law family.  Explain the influences of the major legal system in the Nepalese legal system.  Point out the existing and new features of Nepalese legal system in the light of the constitutional development in the year 2
Post a Comment
Read more

LLB First Year Result Published | LLB First Year (Partial ) result published

LLB First Year (Regular) 2076 Result Tribhuvan University published the result of LLB First year regular. The exam year of this result is 2076. This result is available at the official site of the exam controller Some old news related to LLB first-year examination.  Tribhuvan University (TU) Office of exam controller has published the result of LLB First Year 2076.   This exam was held on Aswin, 2078. H ow to View Result of LLB first year partial? Visit Site    https://www.tuexam.edu.np/   Go to View Result Select LLB First Year 2076 Write your Symbol and View the Result SMS and Mobile Method In Nepal Telecom: Dial 1602 to get the result. By SMS Number: 33624; type your Faculty Name Space Exam Roll no View More Result BA second Year Result BA LLB Third year Result BBS Second Year Result Published TU Published M.A. Third semester result TU Published M.A. first semester result During the lockdown period, TU is publishing the results of the past year
Post a Comment
Read more

House Rent Agreement Paper, Ghar Bahal Kar samjhauta patra | घर वहाल सम्झौता पत्र

Hello friends in this post we are going to show you the official format of House rent agreement paper in Nepal. House agreement contract letter in Nepali. House Agreement format prescribed by the government of  Nepal
Post a Comment
Read more