Crest Micro Life Insurance Issuing IPO Shares
Crest Micro Life Insurance Limited about to issue an Initial Public Offering (IPO) to Foreign Nepalese Immigrants from the 15th Magh to the 29th Magh, 2081. 10% of the shares totaling 2,25,000 units shares have been allocated for Nepalese citizens working abroad
The issued capital of the Crest Micro Life Insurance Limited is Rs. 75 Crores of which 30% i.e. 22,50,000 unit shares worth Rs. 22.50 Crores will be issued later for the general public. NIMB Ace Capital is the issue manager for the IPO issuance of the Crest Micro Life Insurance Limited. Applications could be placed for a minimum of 10 units and a maximum of 10,000 units.
