Last day to bid 4.33 lakh units auction shares of NIC Asia Bank at Rs 100 & above

Interested investors acquiring the shares of NIC Asia Bank Limited (NICA) have one more day to file their bids for the auctioned ordinary and promoter right shares. The deadline for submitting bids for the auctioned unsold right shares is ending today (Shrawan 20, 2073) and the bids will be opened to conclude the auction on Shrawan 21 , 2073(tomorrow). The bank has been  auctioning 55 units of promoter right share and 4,33,901 units ordinary share to the general public from Shrawan 6, 2073. 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 or maximum they can apply digit that can be divided by 10. Civil Capital Market Limited is the issue manager for this auction. The bank has urged the interested bidders to submit their bids by 3:00 PM till Shrawan 20 at the Civil Capital located at Kathmandu Plaza, Kamaladi, Kathmandu. The investors applying for the auction can deposit the bid amount in the account name Civil Capital Markets Limited Right Share Bid and account number 00949265240004 of NIC Asia Bank Limited located at Thapathali, Kathmandu. Its last traded price stood at Rs  869 as on August 3 , 2016. NICA had earned a net profit of Rs. 1.07 arba in the fourth  quarter of the fiscal year 2072/73.