Neco Insurance auctioning 4.14 lakh units promoter shares from Mangsir 02, 2076; Minimum bid price at Rs 285
Sun, Nov 10, 2019 11:32 AM on Auction, Latest, Stock Market,
Neco Insurance Limited (NIL) is auctioning its unsold promoter shares from Mangsir 02, 2076 till Mangsir 18, 2076. The interested applicants can submit their bid till 3 PM on the last day.
NIL is auctioning a total of 4,14,062.12 units promoter shares. The minimum bid price has been set at Rs 285, therefore all bids should be equal to or above Rs 285. Similarly, interested individuals/ institutions can bid for a minimum of 10,000 units or a maximum of 4,14,062.12 units.
Sunrise Capital is the issue manager of the auction.
The application should also include a good for payment cheque or deposit voucher with the bid form. The cheque should be made out to Sunrise Capital Limited. Similarly, for depositing the following information is available:
Bank's name: Sunrise Bank
Account's name: Sunrise Capital
Account number: 0690430236701001
