IPO of General Insurance Company Nepal Ltd. approved

SEBON has approved the IPO issuance of Non-life Insurance Sector Company: General Insurance Company Nepal Ltd.

The IPO will be of 30,00,000 units of total Rs. 30,00,00,000 which is managed by NIBL Ace Capital Ltd. This shall form a 30% portion of Rs. 1 Arba.
Company Link: http://www.generalinsurance.com.np/

General-insurance-nepal-approved