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Sanima Life Insurance IPO Result Published

Result 13 Aug 2021 38851 0

Sanima Life Insurance IPO

The IPO result of Sanima Life Insurance has been published at 11 am on Saturday (30th Shrawan 2078 / 14th August 2021). According to sales manager Prabhu Capital, the company's IPO has been distributed at 11 am Saturday at Sanima Life Insurance's office in Durbar Marg. In this post, you can learn how to Check IPO Result of Sanima Life Insurance Limited.

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 applicants got shares at the rate of 10 units through round-robin.

Sanima Life had issued a total of 6 million IPOs from 4th to 8th August, in which the company has allotted 300,000 shares to employees and 300,000 shares to mutual funds, while the remaining 5400000 units of shares were allotted to the public.

CARE RATING NEPAL has given Sanima Life Insurance a Care NP Triple-B Issuer rating in the credit rating for IPO issuance. This indicates that it is moderately safe to meet financial obligations on time.

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

You have to follow the following instruction to fast check the IPO result of Sanima Life Insurance Limited from the MeroShare (CDSC) website:

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.

(Note: The IPO result will be shown after the share allotment and upload data on the server)

Other Ways to Check IPO Result of Sanima Life Insurance:

1. MeroShare Official Website: https://www.meroshare.cdsc.com.np

2. (Prabhu Capital IPO result) IPO Result on Prabhu Capital Website: https://www.prabhucapital.com/share-allotment 

Detail Statement:

The IPO Issuing Company Sanima Life Insurance Company
Issue Manager Prabhu Capital Limited
Security Type Common Stock -IPO
IPO Issued Date 4th August 2021 to 8th August 2021
IPO Face Value Rs. 100
Total IPO Share 60,00,000 Units
The share allocated for Mutual Investment (5%) 3,00,000 Units
The Share allocated for employees (5%) 3,00,000 Units
Total Share for Individual Investor (General Public = 90%) 54,00,000 Units
Total Applicants 2,419,127
Total Applied Units 36,943,440
Total Allotted Kitta 54,00,000 Kitta
Total Allottee 5,40,000 applicants
IPO Result IPO

Sanima Life Insurance Limited

Kamaladi, Kathmandu

Estd. 2008

public

+977-1-4438886

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