Chhimek Laghubitta bid opens today; cut off price for 23,467 units ordinary shares stood at Rs 1,661

Chhimek Laghubitta Bikas Bank Limited (CBBL) had auctioned its 23, 467 units of ordinary right share and 3,970 units promoter right share to the general public from Ashwin 20 to Ashwin 27, 2072. The bid opened today (Ashwin 28). An official of NMB Capital Limited, which managed the auction for Chimmek Laghubitta, informed that the cut off price for 23,467 units ordinary shares stood at Rs 1661 . The highest bid amount for the auction shares received was Rs 1980 and lowest bid was Rs 140. Total 106 applicants submitted their bids for 23,467 units of ordinary shares. Similarly, for 3, 970 units promoter shares the cut off price stood at Rs 550. Only 2 applicants have submitted their bids for 3,970 units promoter shares and one of them got shares. CBBL had earned net profit of Rs 16.31 crore in its fourth quarter of the last fiscal year 2071/72. The last trading price of the shares stood at Rs1,705 per share as on October 14.