Last day to bid for 1.80 lakh units auctioned promoter shares of Seti Finance; LTP at Rs 288

Investors Interested in acquiring the shares of Seti Finance Limited (SETI) have one more day to file their bids for the auctioned promoter shares. The deadline for submitting bids for the auctioned promoter shares is ending today (Chaitra 17, 2073) and the bids will be opened to conclude the auction on Chaitra 20 , 2073 at 4 PM. The finance company has been selling 1,80,035.86 promoter shares to the general public from Chaitra 11, 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 promoter shares. NIBL Capital Markets Limited is the issue manager for this auction. The bank has urged interested bidders to submit their bids within office hours till Chaitra 17, 2073 at Seti Finance Limited, Tikapur, Kailali or at NIBL Capital Markets Limited, Lazimpat, Kathmandu. The investors applying for the auction can deposit the bid amount in the account number 00115174130 of Siddhartha Bank Limited, Hattisar, Kathmandu. Its last traded price stood at Rs 288 as on March 29, 2017.