Prabhu Bank Auctioning 40,00,000 Units of Promoter Shares from Mangsir 28
Prabhu Bank Limited (PRVU) will be auctioning its 40,00,000 units of promoter shares from 28th Mangsir to 13th Poush, 2079.
A total of 40,00,000 unit promoter shares will be auctioned. The existing promoters, the general public, and institutions are all eligible to bid for the auction. Rs. 126 is the minimum bid rate for the auction. The minimum bid quantity for promoters’ shares is 10,000 units. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Prabhu Capital is the auction manager. The bid application form can be received through Prabhu Capital's office located at Kamaladi, Kathmandu, or via the specified nationwide branches of Prabhu Capital.
Bids will be opened on Poush 14 at the premises of the auction manager starting at 11 am that day.
