Opening Range of Sun Nepal Life Insurance Company

Opening Range of Sun Nepal Life Insurance Company

We have detail information of Opening Range of Sun Nepal Life Insurance Company.

Opening Range of Sun Nepal Life Insurance Company

Following are the detail information:

About Company:

Sun Nepal Life Insurance Company Limited is a life insurance company that obtained its license from Insurance Board on August 2, 2017. The company is located at Newplaza, Putalisadak Nepal. Similarly, it has 20 branches and 55 sub branches through out the country.

Nepal SBI Merchat Banking ltd is the issue manager for the IPO.

Opening Range:

The opening range of the company depends on the book value of the company. So, the book value of the company is Rs. 158.41 as per the FY 2078/79. Hence, the opening range of the company will be Rs. 158.41 to Rs. 475.23.

ICRA Nepal has assigned a grading of ‘CARE-NP IPO Grade 4’ to the proposed Initial Public Offer (IPO).

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Frequently Asked Question:

a. Issue Manager of IPO of Sun Nepal Life Insurance Company Ltd?

= SBI Merchant Banking Ltd is the issue Manager of IPO of Sun Nepal Life Insurance Company.