Another Insurance company is all set to offer its IPO to the general public on 24th Shrawan. The company is Sanima Life Insurance Limited and it is about to offer a whopping 60 Crores worth of IPOs soon. That counts to 60 Lakhs units of Sanima Life Insurance IPO, out of which 54 Lakhs would be available for the general public and the rest 6 Lakhs will be distributed as Mutual funds and to the employees.
The Company with BBB security ratings has been approved by SEBON for IPO issuance from 8-18th August 2021.
|Name of the company||Sanima Life Insurance Limited|
|Total IPOs||60,00,000 units|
|Total IPOs for the general public||54,00,000 units|
|Total IPO price||Rs 60,00,00,000|
|IPO status||Approved by SEBON|
|IPO Date||24th Shrawan- 2nd Bhadra|
|IPO price per unit||Rs. 100|
|IPO application quantity||10-30000 Units|
|Issue Manager||Prabhu Capital Limited|
|Paid-up Capital||Rs. 1,40,00,00,000|
|Projected Paid-up Capital||Rs. 2,00,00,00,000|
|Company Rating||BBB Insurance|
|Investment safety||Moderately safe|
Sanima Life Insurance IPO is one of the largest offerings of IPO with 60 Lakh Units. It ensures more people will land with 10 units of share than other companies.