Sanima GIC Insurance is Auctioning 2,35,448 Units of Promoter Shares From Kartik 09
The existing promoters of Sanima GIC Insurance Limited (SGIC) are selling 2,35,448 units of promoter shares in an auction to the general public from 9th Kartik to 12th Kartik, 2083.
The existing promoters, the general public, and institutions are all eligible to bid for the auction. Rs. 258 is the minimum bid rate for the auction. The minimum bid quantity for the shares is 5000 units. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Sanima Capital Limited has been appointed as the auction manager.
