Nerude Laghubitta to auction 87,300 units promoter shares from Bhadra 20; Minimum bid stated at Rs 220

Fri, Sep 6, 2019 12:27 PM on Auction, Latest, Stock Market,

Nerude Laghubitta Bittiya Sanstha (NLBBL) is selling 87,300 units of promoter shares via auction from Bhadra 20, 2076 i.e. today to Bhadra 29, 2076.

The company has appointed Civil Capital Market Limited as the issue manager for the auction. The existing promoters of the bank and other individuals, company and institutions eligible to be promoter can bid for the auction.

The application must be placed for a minimum of 100 units at a minimum rate of Rs. 220 per share, while there is no limit for maximum bidding. However, the applied units should not exceed the limit mandated by Nepal Rastra Bank (NRB). The applied units should be in the whole number.

The total amount of bid can be deposited at Civil Capital Market's account at Prime Commercial Bank. The account number is 00102109CA. Or you can submit a Good for payment cheque or A/C payee cheque along with the form.

The bid envelope should be marked with "Nerude Laghubitta Bittiya Sanstha Limited's Promoter Share Purchase Application".

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