13.50 Lakh Promoter Shares of Prime Commercial Bank in Auction From Today
The existing promoters of Prime Commercial Bank Limited (PCBL) are auctioning 13,50,010 units of shares to qualified general public/institutions from today i.e. 3rd Shrawan to 17th Shrawan, 2080.
13,50,010 unit promoter shares of PCBL will be auctioned. Interested qualified general public/institutions are eligible to bid for the auction. Rs. 120 is the minimum bid rate. The minimum bid quantity for promoters’ shares is 1,000 units. Although bidders can bid for the entirety of the issue, they are required to abide by the Nepal Rastra Bank's rule not to exceed the specified quantity of shares per entity.
Prabhu Capital Limited is the auction manager. Bids will open at the premises of the auction manager on 18th Shrawan, 2080.
As of writing, PCBL has an LTP of Rs. 200.90.
