Promoter Shares Of PRVU, SWBBL And KLBSL In Auction From Today

Wed, May 29, 2024 11:39 AM on Latest, Auction,

The existing promoters of Prabhu Bank Limited (PRVU) are selling 61,662 units and Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) is selling 16,528 units of promoter shares in an auction from today i.e. from 16th Jestha to 18th Ashad, 2081.

An auction will be conducted for 61,662 units of promoter shares of PRVU and 16,528 units of promoter shares of SWBBL. Eligible participants include qualified promoter shareholders, and interested general public/company/institutions. The minimum bid rate for PRVU is set at Rs. 100, while for SWBBL it is Rs. 250. Bidders must bid for a minimum quantity of 100 units of promoter shares. While bidders have the option to bid for the entire issue, they must adhere to the Nepal Rastra Bank's regulation, ensuring that the specified quantity of shares per entity is not exceeded.

LS Capital Limited is the auction manager. Bids will open at the premises of the auction manager on Ashadh 20, 2081 starting at 11 am that day.

As of writing PRVU closed at Rs. 152.00 and SWBBL closed at Rs. 825.00.

Auction Notice:

Similarly, The existing promoter of Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) is auctioning 19,260 units of shares to the promoter shareholders from today.

19,260 units of promoter shares are being auctioned to the promoter shareholders. Interested investors should submit their bids at the company's central office in Lamki Chuha, Kailali within 7 days from the date of publication of the notice.

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.

KLBSL closed at Rs. 992.00. Meanwhile, KLBSLP has an LTP of Rs. 446.00.

Auction Notice: