
Table of Contents
Introduction:
Crest Micro Life Insurance is issuing an IPO of 18,45,000 units to the general public from Falgun 22, 2081 to Falgun 26 at the face value of Rs, 100.
Crest micro life insurance is a insurance company which helps Nepalese across the country. Its head is located in surkhet and the register office is located in Sanepa, Lalitpur.
The main aim of the company is to provide an easy and affordable solution to promoting financial literacy for sustainable development.
It is led by a team of experienced individuals who are dedicated to the betterment of people. so, there will be no problem with financial fraud.
Financial Performance:
Crest Micro Life Insurance Company is the leading insurance company and it has gained a significant amount of profit in this fiscal year which makes this company more strong. It has got B+ rating from Care Nepal rating which means there is a safety of the investment.
The financial indicator of the company shows the inclination of profitability, premium income, and asset base. The below table shows the financial condition:
Description | FY 2079/80 ( real ) | FY 2080/81 ( Projected) | FY 2081/82 (Projected) |
Networth Per share | Rs, 100.88 | 103.27 | 109.31 |
EPS(Rs.) | 0.86 | 2.41 | 7.74 |
Reserved Profit (Rs’000) | 3,952 | 8855 | 26,959 |
IPO Details of Crest Micro Life Insurance
Total shares issued: 22,50,000
For Nepalis working abroad: 225,000shares (already issued in January 2025)
For the general public: 1,845,000 shares.
IPO opening date: 22 Falgun, 2081
IPO price: Rs 100 per share
Maximum and minimum investment: minimum of 10 units and maximum of 10000 units.
By analyzing the Financial report, we can conclude that the company is good to invest so without a doubt we can apply it. But it is advisable to apply for only 10 units of shares as it will get oversubscribed on its first day of opening.
You can also check how to find the CRN number.
FAQ’s
1. What is the opening price of Crest Micro life insurance?
Ans: The opening price of Crest Micro Life Insurance is Rs. 302.66