IME Life Insurance Limited IPO Analysis: Key Insights, Performance, and Earnings.

                                    IME Life Insurance Limited IPO Analysis: Key Insights, Performance, and Earnings.

IME Life Insurance Limited is an insurance company established on 1st October 2008. It has been operational since 1st Bhadra 2074. The company has shown strong financial performance, with a profit of 20.97% during the fiscal year 2077/2078. It reported net earnings of 7.40 Crores, indicating a healthy financial position.

The paid-up capital of IME Life Insurance stands at 140 Crores, reflecting a strong capital base. Additionally, the company holds reserves worth 4270 Crores, which signifies accumulated profits and strengthens its ability to handle unexpected contingencies.

In terms of the company’s operational performance, IME Life Insurance witnessed significant growth in net premium during the fiscal year 2077/2078, amounting to 120 crores, with an impressive growth rate of 98.51%. This indicates the company’s ability to attract new policyholders and generate increased revenue from insurance premiums.

Name of the company IME Life Insurance Limited
Establishment 15th Ashwin 2065 / 1st October 2008
Sales and Issue manager Civil Capital Market
Reserves 4270 Crores
Paid-up capital 140 Crores
The net Premium gain in FY 2077/2078 120 crores (98.51%)
Net worth per share Rs. 133.89
Number of policies in FY 2077/2078 23,814
profit of fiscal year 2077/2078 20.97%
Net earnings 7.40 Crores
Net claim 20.03 crores
Earnings per share (EPS) Rs. 10.58
Operational since 1st Bhadra 2074
Care Nepal rating Care NP BBB

However, it is crucial to note that the company also incurred net claims of 20.03 crores during the same period, indicating the insurance payouts made to policyholders. The number of policies issued in FY 2077/2078 was 23,814, demonstrating the company’s customer base and market reach.

The earnings per share (EPS) for IME Life Insurance is reported at Rs. 10.58, which indicates the portion of the company’s profit attributable to each outstanding share. Additionally, the net worth per share is calculated at Rs. 133.89, reflecting the book value of each share and providing insights into the company’s underlying asset value.

IME Life Insurance is planning to issue an Initial Public Offering (IPO) of 60 Lakhs shares, worth 60 Crores. The sales and issue manager for the IPO is Civil Capital Market. The IPO issuance is scheduled for the 14th Annual General Meeting (AGM) on 14th Baisakh, 2079, indicating the company’s intention to raise capital from the public to support its future growth plans.

The credit rating assigned by Care Nepal to IME Life Insurance is Care NP BBB, which indicates a moderate level of creditworthiness. This rating reflects the company’s ability to meet its financial obligations and highlights its risk profile to potential investors.

While the information provided here gives an overview of IME Life Insurance’s financial performance, IPO details, and credit rating, it is important for investors to conduct thorough due diligence, carefully review the prospectus, and seek advice from financial professionals before making any investment decisions. Assessing the risks and evaluating the company’s growth prospects is essential for a comprehensive analysis of the IPO’s potential returns.

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