Final chance to bid for shares of Prudential Insurance

Mar 19, 2018 Merolagani

Today is the last day to bid for 12,503 units of unsold right shares of Prudential Insurance Company (PICL). The insurance company started auctioning 12,503 units of unclaimed general right shares to the general public from March 12.

The company has appointed NIC Asia Capital as its issue manager. The interested bidders can bid for a minimum of 100 units of shares at a minimum price of Rs 100 per unit.

Currently, the last trading price of the stock is Rs 660. The company earned a net profit of Rs 62.8 million in the second quarter of the current FY.

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