5,810 Shares of Swabalamban Laghubitta (SWBBL) Auctioned Away

Fri, Feb 4, 2022 11:03 AM on Latest, Auction,

The auctioned promoter shares of Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) have been allotted. The allotment took place on Magh 20.

Nabil Bank Limited auctioned the promoter shares of Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) from 5th Magh to 18th Magh, 2078.

1,62,498 units promoter shares of Swabalamban Laghubitta were auctioned. Rs. 650 was the minimum bid rate for the auction. While the minimum bid quantity for shares was 1000 units, there was no upper limit for both shares. Although bidders could bid for the entirety of the issue, they were required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.

Nabil Invest was appointed the auction manager. Bids were opened at the premises of the auction manager. Of the 1,62,498 shares auctioned, only 5,810 have been allotted to eligible bidders.

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