Last Day to Bid for the IME General Insurance (IGI)'s shares
Today is the last day to bid for the auction of IME General Insurance Limited (IGI).
IME General Insurance Limited (IGI) closing the auction of its promoter share and ordinary share auction from today i.e. Baisakh 21, 2079. This auction was opened on Baisakh 12. This auction is scheduled to close on Baisakh 20 but due to a government holiday, it was extended till today.
Global IME Capital Limited has been appointed as the auction manager. 2,261 unit promoter shares and 88,934 unit ordinary shares of IME General Insurance Limited (IGI) are being auctioned. 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 were auctioned to the general public. The auction opened on 12th Baisakh and was supposed to close today i.e 20th Baisakh, 2079.
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.
