Last day to bid 8,602 units auction shares of Jhimruk Bikas Bank

Interested bidders in acquiring the shares of Jhimruk Bikas Bank Limited (JHBL) 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 (Ashad 19, 2073) and the bids will be opened to conclude the auction tomorrow (Ashad 20 , 2073). Jhimruk Bikas Bank Limited (JHBL) has been auctioning its 4,089 units ordinary right shares and 4,513 units promoter right share to the general public from Ashad 12, 2073. Only promoter shareholders can bid for the promoter shares. 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. Growmore Merchant Banker Limited is the issue manager for this auction. The bank has urged the interested bidders to submit their bids by 3:00 PM till today  at the growmore Merchant Banker Limited located at Durbarmarg, Kathmandu. The investors applying for the auction can deposit the bid amount in the account name Growmore Merchant Banker Limited and account number 02811600631816000001of Prabhu Bank Limited located at Newroad, Kathmandu. JHBL has earned net profit of Rs. 1.28 crore in the third quarter of the fiscal year 2072/73. Share transaction of Hamro, Jhimruk and Jyoti Bikash Bank has been halted for the merger process from Mangsir 12, 2072.