Bhargav Bikash Bank closing bids for auction of 1.95 lakh ordinary scrip today

ShareSansar, June 9:

Bhargav Bikash Bank Limited is closing bids to auction 195,500 units of its ordinary shares today.

The interested bidders must submit the bids by this afternoon for the auction to NMB Capital’s office at Babar Mahal in Kathamdnu, and that they must quote a minimum price of Rs 125 per unit.

Bhargav’s ordinary share was traded for Rs 117 yesterday.

The applicants can bid for a minimum of 1,000 units and maximum of 150,000 units.

The bidders must also deposit 10 percent of the bid amount in advance in the account of NMB Bank Limited at Babar Mahal.

The bids will be opened at 11:00 AM tomorrow at the office NMB Capital, and will be duly allotted on June 13.