Last day to bid 18,253 and 28,289.50 units ordinary shares of United Finance and Guheswori Merchant at Rs 100 and above

United Finance Limited (UFL) has been auctioning its ordinary right share to the general public from Poush 11, 2073 and today (Poush 25) is the last day for the same. The company is selling 18,253 units ordinary share after the rights shares issued on Ashad 30, 2073 were not fully subscribed by the investors. The finance company had offered right shares at the ratio of 4:1. The bid will open to conclude the auction on Poush 26, 2073 at 3:00 PM. Bidders must quote a minimum price of Rs 100 per unit, which means that the lowest bid amount must be more than Rs 100. Interested bidders must bid for a minimum of 100 units of share. The finance company has urged interested bidders to submit their bids by 3:00 PM till Poush 25 at the Head office of the finance company located at I.J Plaza, Durbarmarg, Kathmandu. The investors applying for the auction can deposit the bid amount in the account number 99941000045821000001 of United Finance head office located at I.J Plaza, Durbarmarg, Kathmandu. Its last traded price stood at Rs 274 as on January 3, 2017. Likewise, today is also the last day to bid 28,289.50 units ordinary shares of Guheswori Merchant Banking and Finance Limited (GMFIL). It has been auctioning its ordinary right share to the general public from Poush 20, 2073 and the bid closes today. The company is selling 28,289.50 units ordinary shares after the rights shares issued on Ashwin 21, 2073 were not fully subscribed by the investors. The finance company had offered right shares at the ratio of 2:1. The auction will last till Poush 25, 2073. The bid will open to conclude the auction on Poush 26, 2073 at 3:00 PM. Bidders must quote a minimum price of Rs 100 per unit, which means that the lowest bid amount must be more than Rs 100. Interested bidders must bid for a minimum of 100 units of share. The finance company has urged interested bidders to submit their bids by 3:00 PM till Poush 25 at the Head office of NIBL Capital Markets Limited located at Lazimpat, Kathmandu. The investors applying for the auction can deposit the bid amount in the name of NIBL Capital Markets Limited K-614492-CL of Kumari Bank Limited located at Putalisadak, Kathmandu. Its last traded price stood at Rs 225 as on January 8, 2017.