Cutoff of auctioned promoter shares of Central Finance stands at Rs 100; Shares fail to get fully subscribed
Mon, Oct 1, 2018 4:03 PM on Auction, Latest, Stock Market,
The bid opening for the auctioned promoter shares of Central Finance Limited (CFCL) has been cocluded today. As per the information provided by the issue manager, the cut off stands at Rs 100.
NIBL Ace Capital has been appointed as the issue manager for the auction.
The data is yet to be finalized but the auctioned shares have not been fully subscribed.
The finance company had been auctioning 4.56 lakh unit promoter shares to the general public at a minimum bid price of Rs 100.
