Cut off price for 1.45 lakh unit auctioned ordinary shares of Himalayan Bank stood Rs 931; LTP is Rs 980

Himalayan Bank Limited (HBL) had auctioned its 1,45,580 units ordinary right share to the general public from Chaitra 10, 2073 till Chaitra 16, 2073.The bid was opened today at 11 AM. An official of Laxmi Capital Markets Limited, which managed the auction for Himalayan Bank, informed that the cut off price for its its 1,45,580 units ordinary shares stood at Rs 931 . The highest bid amount for the auction shares received was Rs 1175 and lowest amount received was Rs 100. Total 1,158 applicants submitted their bids for ordinary shares. “The data are preliminary as final data may vary,” added official Himalayan Bank Limited has earned net profit of Rs 1.02 arba in the second quarter of ongoing fiscal year 2073/74. Its last traded price (LTP) stood at Rs 980 as of today (March 30, 2017).