Last day to grab 5.10 Lakh unit shares of Shikhar Insurance at Rs 650/unit; Rs 13 crore collected till Friday, LTP stands at Rs 942
Mon, Dec 7, 2015 10:35 AM on Latest, IPO/FPO News, Featured, Stock Market,
Shikhar Insurance Company Limited (SICL) has floated its Further Public Offering (FPO) of 5, 10,988 kittas shares at Rs 650 per unit from Mangsir17. Today is the last day of FPO as per the notice published by the company. The FPO has aleady collected Rs. 13 crore till second day.
NIBL Capital Markets Limited is the issue manager for the FPO.
The LTP of SICL stands at Rs 942 on December 06, 2015.
At present Promoter and ordinary shareholders share structure in the insurance company stands at 80:20 ratios. After the FPO promoter and ordinary shareholders share structure will be at 70:30 ratio.
After issuing 20% bonus share from the net profit earned in the fiscal year 2069/70, the company’s paid up capital has reached to Rs 35.76 crore. The company is yet to announce its dividend from the net profit of fiscal year 2071/72.
Interested investors can apply for FPO at the following locations
| Sn.No | Collection Center | Phone | Contact person |
| 1. | ShikharInsuranceLimites, Thapathali, Kathmanduand branch offices Newroad, Gongabu, Chahabil, Biratnagar, Birgunj, Pokhara, Narayangarh, Butwal and Nepalgunj. | 4246101 | SurajRajbhahak |
| 2. | NIBL Capital Markets Limited, Lazimpat, Kathmandu | 4005080 | Anil Maharjan |
| 3. | All branches of NIBL | ||
| 4. | Kriti* Capital and Investment ltd., Soaltemode, Kathmandu | 4276786 | KarunaThapa |
