The bids received in the auction of 77,720.88 unclaimed right shares of the Shikhar Insurance Company Limited (SICL) to the general public have been opened yesterday, i.e. 5th Jestha, 2079.

The auction had opened on 19th Baisakh and concluded on 26th Baisakh, 2079 at the end of banking hours. 77,720.88 ordinary shares were auctioned. NIBL Ace Capital Limited was appointed the auction manager. Bids had opened yesterday at the premises of the auction manager, Lazimpat, Kathmandu, starting at 10:00 am. Individuals, institutions, and companies were all eligible to bid for the auction.

NIBL Ace Capital Limited is selling its held shares via auction.

Rs. 100 was the minimum bid rate. While the minimum bid quantity was…


Read full article at ShareSansar.com


Leave a Reply

Your email address will not be published. Required fields are marked *


You May Also Like

Budget positive but challenging for implementation: NCC – |

Nepal Chamber of Commerce (NCC) has observed that the budget government brought…

NAV of Mega Mutual Fund 1 Stands Below Par Value in the Month of Baisakh – |

The NAV report of “Mega Mutual Fund 1 (MMF1)” has been unveiled…

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

SEBON Approves 5 More Institutional Investors to Participate in IPOs Via Book-Building Process – |

Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…