Reminder: Last Day of Auction of Nepal Credit & Commerce Bank's 8,80,000 Promoter Shares
Nepal Credit & Commerce Bank Limited (NCCB) is closing the auction of its 8,80,000 units promoter shares to its shareholders today.
Sunrise Capital is auctioning the promoter shares of Nepal Credit & Commerce Bank Limited (NCCB). The auction opened on 24th Jestha and will close today i.e 7th Ashad, 2079
Existing promoters, individuals, and institutions are all eligible to bid for the auction.
8,80,000 units promoter share are being auctioned. Rs. 141 is the minimum bid rate for the auction. While the minimum bid quantity for shares is 1000 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.
Sunrise Capital is the auction manager. Bids will be opened at the premises of the auction manager, Kamalpokhari, Kathmandu on 8th Ashad, starting at 1 pm that day.
