Gurkhas Finance to re-auction unclaimed 4.24 lakh units promoter shares at Rs 100 & above from today

Gurkhas Finance Limited (GUFL) is re-auctioning its unclaimed promoter shares from today (Ashwin 4, 2074). It is reselling 4,24,420 units promoter shares as all the right shares were not subscribed by its shareholders or in the previous auction. Only 4.88 lakh units out of 9.007 lakh units were subscribed in the previous auction. NIBL Capital Markets Limited is the issue manager for the auction. The auction will last till Ashwin 22, 2074 and the bids will be opened to conclude the auction on Ashwin 23, 2074 at 10 AM. Interested bidders must apply for a minimum of 100 units. Applicants can collect the bid forms from NIBL Capital Markets Limited, Lazimpat, Kathmandu. The finance company has urged interested bidders to deposit the bid amount within banking hours till Ashwin 22, 2074 in the account number 0124524615903016 maintained in the name NIBL Capital Markets Limited at Kumari Bank Limited. Applicants can also apply through a Good for Payment cheque made in the name of NIBL Capital. GUFL has earned net profit of Rs 13.75 crore in the fourth quarter of the FY 2073/74. Its paid up capital currently stands at Rs 76.24 crore.