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Nepal Micro Insurance IPO Result
Nepal Micro Insurance IPO result will be published on the 23rd of Falgun, 2081 (Friday). The company’s issue manager NIMB Ace Capital is all set for the pre-allotment process. After completing the pre-allotment process, it will organize the allotment program. Click Below to check Nepal Micro Insurance IPO results.
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Company Overview
Nepal Micro Insurance insures two-wheelers, four-wheelers, commercial vehicles, stolen or robbed materials, personal property, and more. It offers personalized coverage, exceptional services, and clear policies. To date, it has 75k+ customers. It has altogether 11 branches and 17 agents all over the country.
Nepal Micro Insurance IPO Application Details
Issued Units | 18,45,000 units |
Applied Units | 2,45,04,310 units |
No. of Application | 19,02,984 |
Among 19 lakhs 2 thousand 9 hundred 84 people, only 1 lakh 84 thousand 5 hundred people will get 10 units of shares of this company. The company had appointed NIMB Ace Capital as their Issue Manager.
Opening Range
The opening range of this company in the Nepal Stock Exchange is Rs.101.36-Rs.304.08
Financial Details
Description | FY 2080/81 | FY 2081/82 (Expected) |
EPS (Rs.) | 0.56 | 0.95 |
Net worth (Rs.) | 101.36 | 101.90 |
Reserved Profit(‘000) | 3,088 | 6,209 |
Credit Rating
Nepal Micro Insurance Company Limited has got CARE NP-BB-(Is) rating from Care Rating Nepal. This indicated that the company has a moderate risk of default regarding timely servicing of financial obligations.
1. When will the Nepal Micro Insurance IPO Result be published?
Ans: The IPO result of Nepal Micro Insurance will be published on the 23rd of Falgun, 2081 (Friday).
2. What is the opening price of Nepal Micro Insurance?
Ans: The opening price of Nepal Micro Insurance is Rs.304.08.
3. What is the EPS of Nepal Micro Insurance?
Ans: The EPS of Nepal Micro Insurance is Rs.0.56