Sanima general insurance will be issuing 30 lakh shares worth Rs. 30 crores as Initial Public Offering to the general public from (Ashwin 21-25, 2077). The early closing date of this issue is on Asoj 25 and If no application is received for all the shares within that period, the issuance period will be extended till Kartik 6.
Out of the total shares to be issued by the company, 120,000 shares have been set aside for the company’s employees and 150,000 shares for mutual funds. The general public will be able to apply for the remaining 2.7 million shares.
Interested applicants can apply for a minimum of 10 units and a maximum of 1000 units.
NIC Asia Capital has been appointed as the issuer and sales manager of the IPO.