Premier Insurance (PIC) Auctioning 5,48,025 Promoter Shares from 27th Ashar

Sun, Jul 11, 2021 10:48 AM on Latest, Auction,

Premier Insurance Company (Nepal) Limited is auctioning its promoter shares from 27th Ashar to 08 Shrawan, 2078.

5,48,025 units promoter shares will be auctioned. Existing promoters, individuals, and institutions are all eligible to bid for the auction.

Rs. 550 is the minimum bid rate and 500 is the minimum bid quantity. Bidders can bid for the entirety of shares. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.

NIC Asia Capital is the auction manager. This is the auction notice