Cut-off price for 80,770 unit promoter shares of Hamro Bikas Bank stood at Rs 101

Hamro Bikas Bank Limited (HAMRO) had auctioned 80770.76 units promoter shares from Bhadra 25 to Ashwin 2, 2074. The bids were opened on Ashwin 4 at NIBL Capital Markets Limited, Lazimpat at 10 AM. As per official of NIBL Capital, which managed the auction for Hamro Bikas Bank informed that the cutoff price for promoter auctioned shares stood at Rs 101. The highest bid amount received was Rs 120. Total 25 applicants have submitted bid  and 19 applicants are allotted with the shares.. HAMRO has earned net profit of Rs 4.35 crore in the fourth quarter of the FY 2073/74.