Shares of Sanima General Insurance listed in NEPSE; Can be traded from Kartik 19

1,00,00,000 unit shares of Sanima General Insurance Limited have been listed in NEPSE.

Sanima General Insurance Limited had recently issued 30,00,000 units of ordinary shares worth Rs 30 crore to the general public from Ashwin 21- 25, 2077.

Out of the offered 30,00,000 units; 4% of the total offered shares were set aside for the employees of the company and 5% were set aside for the mutual funds. The remaining 27,30,000 units were for the general public.

The issue had received applications from 8,63,545 valid applicants who had applied for a total of 1,85,29,240 units. The issue was oversubscribed by 6.81 times.

The same IPO shares, along with the promoter shares of the company have now been listed in NEPSE. The shares are tradable from tomorrow, i.e. Kartik 19.