Last day to bid for 73,554 units auctioned shares of Kailash Bikas Bank; LTP at Rs 356

Kailash Bikas Bank is closing its unclaimed 62,573 units ordinary and 10,981 units promoter right shares to the general public today (Jestha 4, 2074) after banking hours. 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 shares. Global IME Capital Limited is the issue manager for this auction. The bank has urged interested bidders to submit their bids within office hours till Jestha 4, 2074 at Global IME Capital Limited, Jamal, Kathmandu. The investors applying for the auction can deposit the bid amount in the account number 5444463732524001 maintained in the name of Global IME Capital Limited at NIC Asia Bank. Bidders can also apply through a Goods For Payment cheque made in the name of Global IME Capital Limited KKBL has earned net profit of Rs.36.79 crore in the third quarter of the fiscal year 2073/74. Its last traded price stands at Rs 356 as of yesterday (May 17, 2017).