2.82 Lakh Promoter Shares of Garima Bikas Bank in Auction from 18th Kartik

Sun, Nov 5, 2023 12:27 PM on Latest, Auction,

The existing promoter of Garima Bikas Bank Limited (GBBL) is auctioning 2,82,573.49 units of shares to its promoter shareholders from today.

2,82,573.49 units of promoter shares of GBBL will be auctioned to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days i.e. 22nd Mangsir, 2080 from this notice's publication date, i.e. 18th Kartik.

Interested investors should submit their bids at the company's central office located at Lazimpat, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be open for auction to the general public or institutions.

GBBL closed at Rs. 365 as of 2nd November 2023. Meanwhile, GBBLPO has an LTP of Rs. 206 as of 18th October, 2023.

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