Himalayan Reinsurance IPO Date | Himalayan Reinsurance on way to IPO issue

Himalayan Reinsurance Company Limited is the second reinsurance and first private sector reinsurance company of Nepal. This reinsurance company has got operating license from Insurance Board (IB) on May,2021.

himalayan reinsurance company is planning to issue IPO to the general public

Promoters of Himalayan Reinsurance Company Limited

The promoters of this reinsurance company are the very renowned business houses. The promoters of this reinsurance company are as follows:-

Golchha Group
Shanker Group
Infinity Holdings
Lucky Group
Ramesh Corp
Shiv Shakti Group
Himalayan Infrastructure Fund Ltd.
Shalimar Investment
Saffron CK Investments
Vaishnav Enterprises
Murarka Group
K L Dugar Group
M V Dugar Group
R H Group
M S Corp
IME Group
Prem Gurung and Group
Ashlesha Enterprises
Allied Continental
Balaji Marbles
Nepal Bank Limited
Rastrya Banijya Bank

Himalayan Reinsurance IPO Issue

The first annual general meeting had passed proposal to issue IPO for the general public. This company is planning to issue IPO worth 3 Arba to the general public.

Capital Structure of Himalayan Reinsurance.

Authorized Capital NPR 21 Billions (USD 175 Millions approx)

Issued Capital NPR 10 Billions (USD 85 Millions approx)

Paid up Capital NPR 7 Billions (USD 60 Millions approx)

Board of Director of Himalayan Reinsurance Company Limited.

The board of directors of this insurance company areas follows.

Shekhar Golchha
Amit More
Sahil Agrawal
Shakshi Gupta
Subash Kumar Jhunjhunwala

The registered office of Himalaya Reinsurance Limited is located at Panipokhari, Kathmandu.

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