Jebils Finance to close its auction for 9.97 lakh unit shares today; Applications can be placed for minimum 1000 units promoter shares and 100 units ordinary shares
Tue, Jan 1, 2019 7:51 AM on Auction, Dividend, Bonus & Rights, Latest, Stock Market,
Jebils Finance Limited (JEFL) will be closing its auction for the unsold right shares today. The finance company has been accepting bids for 9,97,628 unit shares from Poush 10, 2075.
The finance company has urged the interested bidders to place applications for minimum 1000 units of promoter shares and 100 units of ordinary shares. The minimum bid price has been set as Rs 100 so the bids should be placed above Rs 100.
The finance is selling 6,65,955.50 units promoter shares and 3,31,672.50 units ordinary shares.
Sunrise Capital Limited has been appointed as the issue manager for the auction of the shares. The application form can be collected and deposited in Sunrise Capital and designated branches of Nepal Credit and Commerce Bank.
The bidders should deposit the entire bid amount in the A/C no 0690430236701001 of Sunrise Bank in the name of Sunrise Capital Limited.
After the adjustment of 40% right share the paid-up capital will reach Rs 80.91 crore from current capital of Rs 57.79 crore.
