Last day to place bids for the auctioned 45,351 unit promoter shares of Kabeli Bikas Bank
Tue, Apr 17, 2018 12:59 AM on Auction, Dividend, Bonus & Rights, Latest, Stock Market,
Today is the closing day of the auction for 45,351 unit promoter shares of Kabeli Bikas Bank Limited.
Global IME Capital has been appointed as the issue manager for the auction.
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 and the shares applied for should be a multiple of 10.
The bank has urged the interested bidders to submit their bids within banking hour till Baisakh 4, 2075.
The investors applying for the auction can deposit the bid amount in the account number 0111010011061 GICL-BTI Kabeli Right 2074 maintained in the name of Global IME Capital at Global IME Bank or can apply by issuing Good For Payment cheque.
After the adjustment of the rights shares, the bank’s total paid-up capital will reach Rs 10.52 crore from the existing Rs 7.01 crore. The bank has authorized capital of 25 crore.
The development bank has acquired Mount Makalu Development Bank recently.
