Promoter Shares of IGI Prudential Insurance in Auction from 13th Kartik
The existing promoter of IGI Prudential Insurance Limited (IGI) is auctioning 3,108 units of shares to the promoter shareholders from today.
Sabina Shrestha, a IGI promoter intends to sell 3,108 units of promoter shares to the existing promoter shareholders. Interested promoter shareholders are eligible to bid for the auction.
Interested investors should submit their bids at the company's central office in Narayanchaur, Naxal, Kathmandu within 35 days from the date of publication of the notice i.e. 13th Kartik. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be open for auction to the general public.
As of writing, IGI has an LTP of Rs. 468.70. Meanwhile, IGIPO closed at Rs. 296.00 as of 26th June, 2023.
