Last day to bid for auction of Nepal Clearing House Limited's 2,98,080 units promoter shares

Mon, Nov 9, 2020 5:42 AM on Latest, Auction,

Today is the last day to bid for the auction of Nepal Clearing House Limited's 2,98,080 units promoter shares.

Smart Choice Technologies Limited had auctioned its 2,98,080 units promoter shares of Nepal Clearing House Limited from 20th Ashwin. The auction will conclude today, i.e. 24th Kartik, 2077. Muktinath Capital is appointed as the issue manager for this auction. The existing promoters, BFIs, and institutions with government ownership can bid for the auction.

The minimum bid rate is Rs. 350 and the minimum bid quantity is 50,000 shares. Although the highest-bid procedure holds true, existing promoters will be priorities.

Additionally, bids will be opened on an immediate day following the closing, i.e. on Kartik 25.

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