Today is the last day to bid for auctioned shares of Kumari Bank (KBL). The company is auctioning 1,141,374.50 units of unclaimed right shares including 501,921.69 units of promoter shares and 639,452.81 units of general shares that went unsold during its issuance from July 6.
The company has appointed NIBL Ace Capital as its issue manager. The interested bidders can apply for the shares from Durbarmarg-Kathmandu, Nepalgunj, Surkhet, Dhangadhi, Birgunj, Biratnager, Butwal and Pokhara as well as branches of NIBL Ace Capital at Lazimpat, Laldurbar-Kathmandu and Lagankhel-Lalitpur.
The interested bidders can bid for a minimum of 100 units of general shares and 1,000 units of promoter shares at a minimum price of Rs 100.