Crest Micro Life Insurance to Open IPO for General Public from March 6

Kathmandu – Crest Micro Life Insurance Limited is set to open its Initial Public Offering (IPO) for the general public from March 6, 2025.

After issuing shares to Nepalese working abroad, company employees, and the collective investment fund, the company is now offering 1.845 million shares worth NPR 184.5 million to the general public. Investors must apply for a minimum of 10 shares and can apply for up to 10,000 shares.

Earlier, out of the total 2.25 million shares approved for issuance—30% of the company’s NPR 750 million issued capital—225,000 shares were allocated for Nepalese employed abroad, 67,500 for employees, and 112,500 for the collective investment fund.

The IPO application period will close on March 10 but may be extended until March 20 if the quota is not filled. NIMB ACE Capital Limited is managing the issuance and sales.