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Initial public offering Siddhartha Insurance sold out

 
financial institutions

Imperial Financial Institution
 Hama finance
Good deposit schemes, 1 year fixed 7%, 3 year even 8%
Alpic everest finance
Capital Merchant Banking & Finance
Everest finance
Ime Financial institution
National finance Co.
Annapurna finance company
Standard Finance Limited
Union finance company
Ace finance company
Gorkha finance
Universal finance
Business Development Finance Inst.
Nawa Kantipur
Deposit and loan schemes
 

 
News item 14-9-2007

An initial public offering (IPO) of Siddhartha Insurance Ltd (SIL) has received an overwhelming response, as it has been oversubscribed by 61 times. The company has recently floated 250,000 unit ordinary shares at a face value of Rs 100 each for the public, states a company press release issued here today. In response, SIL received applications for 15,257,355 unit shares worth Rs 762,867,750. Nepal merchant bank & finance ltd. is the issue and sales

 

 

 

Other investment news and articles:

Many new initial public offerings on Nepal Stock Exchange (3-11-2007)
 Nepal Banks hit by capital flight (25-9-2007)
initial public offering Siddhartha Insurance sold out (14-9-2007)
Transactions at the stock market increased by 142 percent (28-7-2007)
Creating environment for foreign investment (19-4-2007)
improving investment environment (20-2-2007)
Loans for purchasing shares on stock market (17-2-2007)

Narayani Industrial Development Bank listed on the Nepal Stock Exchange  (6-2-2007)

Nepal suffering from capital flight? (1-2-2007)

Nepal Stock Exchange suspends trading of Nepal Credit and Commerce Bank (30-1-2007)

More insurance news and articles:

initial public offering Siddhartha Insurance sold out (14-9-2007)
information travel insurance
Insurance a basic need
Imperial Finance to issue shares  (6-2-2007)
Premier Insurance reports profit (9-1-2007)
Prudential insurance announces profit (18-12-2006)


 

 

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