The minimum price for the auctioned shares is Rs 300. The interested promoter shareholders of the bank, as well as the parties eligible to bid for the promoter shares of BFIs, can apply for a minimum of 3000 to the maximum all shares. The last trading price for the promoter share was Rs 520 on May 29.
The interested investors can get a bidding form from NIBL Ace Capital, Lazimpat at Rs 500. As per the issue manager, the bid will open on June 7 in the premises of NIBL Ace Capital.
The bank has six percent ownership of Rastriya Beema Company, Mahalaxmi Investment, Chaya Investment, KUP and Sophila Investment while below is the list of companies having more that 0.5 percent share ownership.
Moreover, the bank is also acquiring Jebils Finance with a swap ratio of 100:30.
