Table of Contents
Introduction
IME Life Insurance Company Limited is going to issue 1 crore 20 lakhs unit of shares to the general public at the rate of Rs.236.91 (along with a premium rate of Rs.136.91) amounting to Rs.2,274,336,000. Considering this, 9 lakhs 60 thousand lakh people will get 10 units of shares each. This is the second-biggest IPO compared to the number of share units after NIFRA.
| Description | Details |
| For General public | 96,00,000 units |
| For Foreign employees Nepalese | 12,00,000 units |
| For mutual fund | 6,00,000 units |
| For the company’s staff | 6,00,000 units |
To know how to sell and buy shares online click here
IPO Status
| Description | Details |
| Company Name | IME Life Insurance Co. Ltd. |
| Sector | Insurance |
| Type of Issue | IPO(INITIAL PUBLIC OFFERING) |
| No. Of Share | 90,00,000 (for the public) |
| Amount of issue | Rs.2,274,336,000 |
| Promoter share | 70% |
| Public Share | 30% |
| Issue Manager | Civil Capital Market Limited |
Financial Details
| Description | FY077/78 | FY078/079 | FY079/80(EXPECTED) |
| Networth per share(Rs.) | 152.51 | 176.53 | 140.23 |
| Earning per share(Rs.) | 21.16 | 23.24 | 7.57 |
| Reserved profit /loss(‘000) | 735,117 | 1,071,379 | 2,011,337 |
Company Details
This Company is a life insurance company that was registered in 2065 Aswin 15 (October 01, 2008) and started its operation from 1st Bhadra 2074 (August 17, 2017) offering a range of individual and group insurance solutions that meet various customer’s needs such as Protection, Savings, and Investment.
2. What is the EPS of IME Life insurance?
Ans: The EPS of IME Life insurance is Rs.23.24 according to FY078/79.
3. What is the Networth of IME Life insurance?
Ans: The Networth of IME Life Insurance is Rs.176.53 according to FY078/79.
4. What is the opening price of IME Life insurance?
Ans: The opening price of IME Life insurance ranges from Rs.176.53 to Rs.529.59