NIC Asia Bank Auctioning 24,000 Unit Promoter Shares of Citizen Investment Trust From Today
NIC Asia Bank Limited (NICA) is auctioning the promoter shares of Citizen Investment Trust (CIT) from today i.e. on 24th Chaitra to 30th Chaitra, 2079.
24,000 units of promoter shares of Citizen Investment Trust are being auctioned. Only banks and financial institutions and insurance companies are eligible to bid in an auction. Rs. 710 is the minimum bid rate. The minimum bid quantity for promoters’ shares is 1000 units. Although bidders can bid for the entirety of the issue, they are required to abide by the Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
NIC Asia Capital is the auction manager. As of writing, CIT has an LTP of Rs. 2,020.
