Prudential Capital and Shree Ganesh Properties Auctioning 50,500 Units Promoter Shares of Grameen Bikas Laghubitta
Prudential Capital Management Company Pvt. Ltd and Shree Ganesh Properties and Investment Pvt. Ltd is auctioning the promoter shares of Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) from the 6th Chaitra and will conclude on the 10th Baisakh, 2080 at the end of banking hours.
50,500 units of promoter share will be auctioned. From a total of 50,500 units; Prudential Capital will be selling 28,000 units and the remaining 22,500 units will be sold by Shree Ganesh Properties and Investment Pvt. Limited.
The general public, companies, and institutions are all eligible to bid in the auction. Rs. 300 is the minimum bid rate for the auction.
While the minimum bid quantity is 10,000 units, there is no upper limit for both shares. 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.
