IME Life Insurance To Issue IPO
IME Life Insurance Company Limited (IMELICL) has virtually convened its 3rd AGM for the FY 2076-77 on Jestha 31, 2078. The AGM has endorsed the board’s proposal to float its public shares in IPO in the near future.
IME Life Insurance Co .Ltd. have total authorized capital of 3 Arabs. Out of which, issued and paid up capital is Rs 1 Arab 40 crores. 30% of the issued capital will be allotted to the public through IPO and 70% has been subscribed by the promoters.
IME Life Insurance was registered in 2065 Aswin 15 (October 01, 2008) and IME Life Insurance started its operation from 1stBhadra 2074 (August 17, 2017).
IME Life Insurance Company Limited (IMELICL) has published its second-quarter report of the fiscal year 2077/2078 with an increase in Net Profit by 20.97% compared to the corresponding quarter of the previous year.
IME Life Insurance Company Ltd. has submitted an application to the SEBON to issue an IPO for 60 lakh unit shares.
