Swabalamban Laghubitta receives bid for only 450 units promoter share in the auction of 3.02 lakh units; Maximum bid price stands at Rs. 731
Sun, May 27, 2018 9:05 AM on Auction, Latest, Stock Market,
Swabalamban Laghubitta Bittiya Sanstha (SWBBL) had opened bid auction for 3,02,416 units promoter shares under the ownership of Mahila Sahakari Sanstha Limited. The minimum bid price was set at Rs 728.
However only 4 applications bidding 450 units were received. The maximum bid price was Rs 731. All the applicants were fully allotted. SWBBL still has 3,01,966 units promoter share left unsubscribed.
Sunrise Capital is the issue manager for the auction of the promoter share.
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