Nepal Micro Insurance Company Limited (NMIC) has listed 75,00,000 IPO shares on the Nepal Stock Exchange (NEPSE). These shares include 70% for promoters and 30% for the public.
Key Highlights of NMIC IPO Listing:
✔ Total IPO Shares: 75,00,000 units
✔ Public Issue: 22,50,000 units (30%) sold from Falgun 11 to Falgun 15, 2081
✔ Promoter Shares: 52,50,000 units (70%)
✔ First Trading Price Range: Rs. 100.80 to Rs. 302.40 per share
When Will Trading Begin?
NMIC has signed a listing agreement with NEPSE on Poush 21, 2081, meaning the shares will be available for secondary market trading from the second business day after the agreement.
Why Invest in NMIC?
- Microinsurance is a growing sector in Nepal, offering financial security to low-income groups.
- Strong promoter backing with a 70% stake ensures stability.
- High demand during IPO indicates strong investor confidence.
Notice: Nepal Micro Insurance Company Limited (NMIC) IPO Shares Now Listed on NEPSE