Auction Opening Day of IME General Insurance (IGI) 2,261 unit promoter and 88,934 units ordinary shares
IME General Insurance Limited (IGI) is auctioning its 2,261 units promoter share and 88,934 unit ordinary share to the general public. The auction opens today i.e 12th Baisakh and will conclude on 20th Baisakh, 2079.
A portion of the right shares issued from 2078/11/22 to 2078/12/16 was unclaimed by promoters and general investors. The remaining 91,195 shares are now being auctioned to the general public.
Global IME Capital Limited is appointed as the auction manager. The bid form can be received from and submitted to Global IME Capital Limited, Naxal, Kathmandu, or via the specified nationwide branches of Global IME Capital Limited.
The general public, companies, and institutions are all eligible to bid in the auction. Rs. 100 is the minimum bid rate for the auction. While the minimum bid quantity is 100 units, there is no upper limit for both shares. Although bidders can bid for the entirety of the issue, they are required to abide by Beema Samiti's rule to not exceed the specified quantity of shares per entity.
