Which companies applied to Shikhar Insurance FPO ? Development Banks tops the list

Tue, Jan 5, 2016 3:00 AM on Latest, Featured, Share Allotment,
ShareSansar has compiled he list of major companies that had applied to the FPO of Shikhar Insurance Co. ltd.
  1. Development Bank
It was mostly Development Banks that applied for the Further Public Offering (FPO) of Shikhar insurance. There were 16 development banks that applied in the FPO of Shikhar Insurance. Though Out of 16 banks, only 6 banks had applied for 1 lakh kittas of Shikhar Insurance. Development Bank   2. Finance  After Development banks, it was finance companies that seemed interested in the FPO. There were 8 finance companies applying or the FPO of Shikhar Insurance. Out of 8 finance companies, only 3 finance companies had applied for 1 lakh kittas. Finance   3. Mutual Fund All six mutual funds schemes had applied for the FPO of Shikhar Insurance. Out of 6 mutual fund schemes, only 3 mutual fund schemes had applied for 1 lakh kittas. Mutual Fund   4. Commercial Bank There were only 3 commercial banks that applied fro the FPO of Shikahr Insurance. Citizens Bank International, Siddhartha Bank had applied for 1 lakhs kittas whereas Mega Bank had applied for 60 thousand kittas. Commercial Bank   5. Insurance Companies There were two insurance companies that applied for the FPO of Shikahr Insurance. Life Insurance Corporation had applied for 1 lakh kittas whereas Nepal Life Insurance Company had applied for 10 thousand kittas. Life Insurance   6. Merchant Banking Merchant   7. Other Companies Other companies that applied for Shikhar Insurance FPO were: OTHERS