Liberty Micro Life Insurance Limited is set to issue 2,250,000 ordinary shares to the public at Rs. 100 per share, amounting to a total of Rs. 225 million. This public offering is being carried out in collaboration with Nepal SBI Merchant Banking Ltd and RBB Mutual Fund 1.
A tripartite agreement to finalize the share issuance was signed by Mr. Lekhnath Pokhrel, Managing Director and CEO of Nepal SBI Merchant Banking Ltd, Mr. Badri Prasad Pyakurel, CEO of RBB Merchant Banking Limited, and Mr. Ram Kumar Yadav, CEO of Liberty Micro Life Insurance Ltd.
Key Players:
- Nepal SBI Merchant Banking Ltd, a subsidiary of Nepal SBI Bank Limited, holds a license from the Securities Board of Nepal and provides a range of investment management services.
- Liberty Micro Life Insurance Ltd, based in Pokhara, Kaski District, is licensed under the Insurance Act 2079 and specializes in micro life insurance services. The company operates through four branches and six sub-branch offices across Nepal, including its regional office in Tripureshwar, Kathmandu.
Liberty’s planned share issuance highlights its growth ambitions, backed by strong partnerships and regulatory support from key financial institutions.
