Srijana Finance to auction 3.20 lakh unit shares from poush 07, 2076; 2.08 lakh units promoter and 1.12 lakh units ordinary shares

Mon, Dec 16, 2019 11:40 AM on Auction, Latest, Stock Market,

Srijana Finance Limited (SFFIL) will be auctioning 3.20 lakh unit shares from Poush 07, 2076 to Poush 14, 2076 3 PM. The Finance is selling 2,08,523 units promoter share and 1,12,219 units ordinary share.

The bid application forms will be available at Sunrise Capital, Kamalpokhari, Sunrise Bank branches (Biratnagar, Birjung, Pokhara, Butwal, Nepaljung, Surkhet and Dhangadi) and Srijana finance, Biratnagar, Rajbiraj.

The minimum bid price is at Rs 100 per unit. Similarly, the minimum bid quantity for promoter and ordinary shares is 1000 units and 100 units respectively. The interested applicants can either attach a Good for payment cheque or a deposit voucher after depositing amount at following account:

Bank: Sunrise Bank
Account Name: SRCL-Srijana Finance Right
Account number: 0650371114701010

The finance company had issued 2,764,692 units of shares as 60% rights for the existing shareholders of the company at par value of Rs.100 to raise a capital worth Rs.27.64 Crore.

The current paid-up capital of SFFIL is Rs 46 crore 7 lakh 82 thousand, which after the adjustment of right will reach Rs 73 crore 72 lakh 51 thousand 200. The LTP of SFFIL stood Rs 180 on 29th Mangsir, 2076.

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