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NIC Asia Bank Selling 100,000 Promoter Shares Of SuryaJyoti Life At Rs. 232 Per Share

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30th July 2025, Kathmandu

In a significant development set to attract keen investor interest, NIC Asia Bank Ltd. has officially announced the sale of 100,000 promoter shares of SuryaJyoti Life Insurance Company Ltd.

SuryaJyoti Life Promotor Shares

These highly soughtafter shares are being offered through a transparent sealed bidding process, with a competitive minimum price set at Rs. 232 per share. Crucially, this opportunity, which was initially offered to existing promoters, is now open to the general public, presenting a rare window for all interested investors to acquire a stake in a prominent Nepali insurance entity. The announcement, made on Shrawan 14, 2082 (July 30, 2025), marks a noteworthy moment for portfolio diversification and longterm value creation in Nepal’s vibrant financial market.

Key Details for Potential Investors: Seizing the Opportunity

For investors looking to participate in this unique offering, understanding the precise details of the share sale is paramount. Here’s a breakdown of the key information:

Convenient Access: Where to Submit Your Bids

To facilitate broad participation, NIC Asia Bank has established multiple convenient locations for the submission of bid forms. Interested investors can obtain and submit their sealed bids at:

NIC Asia Capital Ltd., Thapathali, Kathmandu: The central hub for capital market activities.
Selected NIC Asia Bank branch offices: This widespread network ensures accessibility across key economic centers, including Biratnagar, Birgunj (Adarshnagar), Pokhara (Mahendrapul), Butwal (Shravanpath), Dhangadhi (Hospital Line), and Surkhet (Birendranagar). This broad reach simplifies the application process for investors outside the Kathmandu valley.

A Rare Opportunity: Open to All Investors

Initially, NIC Asia Bank extended this offer exclusively to existing promoter shareholders of SuryaJyoti Life. However, since no exclusive purchase was made during that period, the bank has now commendably opened the offering to all interested investors, regardless of their current shareholding status. This inclusive approach transforms the offering into a truly rare and valuable opportunity for the general market to acquire promoter shares of a leading and wellestablished insurance company like SuryaJyoti Life. Such opportunities are not frequent in the Nepali capital market, making this particular sale especially noteworthy.

Market Dynamics: Attractive Pricing and Long-Term Value

The timing of this offering is particularly noteworthy given the prevailing market conditions. At the time of the announcement, the secondary market price of SuryaJyoti Life’s promoter shares was trading at Rs. 245 per share. This means that NIC Asia Bank’s offering price of Rs. 232 per share presents a potential discount of Rs. 13 per share compared to the current market rate. This differential makes the offering potentially very attractive for longterm investors who are seeking strategic entry points at a more favorable valuation.

Investors keen on acquiring a significant stake within Nepal’s rapidly growing insurance sector—especially in a wellestablished and reputable player such as SuryaJyoti Life—may find this sealed bidding opportunity exceptionally strategic for their portfolio diversification goals and for unlocking longterm value. Acquiring promoter shares, often associated with greater influence and a longterm investment horizon, can be a cornerstone of a robust investment strategy. This sale by NIC Asia Bank represents a unique chance for both seasoned and new investors to deepen their engagement with Nepal’s promising financial sector.

For More: SuryaJyoti Life Promotor Shares


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