Auction Alert! Jebils Finance selling 3.40 lakh unit promoter shares via auction from today

Tue, Mar 19, 2019 8:00 AM on Auction, Latest,

Jebils Finance Limited (JEFL) is selling its unsold promoter right shares via auction from today (Chaitra 5, 2075). The bids for 3,40,955.50 unit promoters shares will be accepted till Chaitra 13, 2075. Only the existing promoters are eligible to apply for this auction.

Earlier the finance company sold 6,65,955.50 units promoter shares and 3,31,672.50 units ordinary shares in auction but promoter shares was not fully subscribed.

The finance company has urged the interested bidders to place applications for minimum 1000 units of promoter shares. The minimum bid price has been set as Rs 100 so the bids should be placed above Rs 100.

Sunrise Capital Limited has been appointed as the issue manager for the auction of the shares. The application form can be collected and deposited in Sunrise Capital and designated branches of Nepal Credit and Commerce Bank.

The bidders should deposit the entire bid amount in the A/C no 0690430236701001 of Sunrise Bank in the name of Sunrise Capital Limited.

After the adjustment of 40% right share the paid-up capital will reach Rs 80.91 crore from current capital of Rs 57.79 crore.

Click here for Auction notice:

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