51 bidders allotted 20,653.77 units auctioned ordinary shares of Purnima Bikas Bank; Cut-off price stood Rs 250.05

Purnima Bikas Bank Limited (PURBL)  had auctioned 20,653.77 units ordinary shares and 46,258.05 unit units promoter shares from Bhadra 19, 2074 to Bhadra 26, 2074. The bids were opened on Bhadra 28, 2074 at Siddhartha Capital, Naxal at 7 AM. An official of Siddhartha Capital Limited, which managed the auction for Purnima Bikas Bank, informed that, the cutoff price for ordinary auctioned shares stood at Rs 250.05. The highest bid amount for the auction shares received was Rs 350. Only 102 applicants have submitted their bids for ordinary shares and 51 of them grabbed shares. Similarly, for 46,258.05 units promoter shares, the cut off price was Rs. 121.25. The highest bid amount received was Rs 156. Only 12 applicants have submitted their bids for ordinary shares and 9 of them grabbed shares PURBL has earned net profit of Rs 10.01 crore in the fourth quarter of the FY 2073/74. Its last traded price (LTP) stood at Rs 280 as on September 13, 2017..