Last day to bid for auctioned promoter shares of Nerude Laghubitta

Sep 15, 2019 10:29 AM Merolagani

Today is the last day to bid for auctioned shares of Nerude Laghubitta (NLBBL). The company started auctioning 87,300 units of promoter shares from September 6.

The shares are biddable by all the interested parties at a minimum price of Rs 220. The bidders can bid for a minimum of 100 to a maximum of all shares.

The interested parties can bid for the shares from Civil Capital, issue manager as well as Birtamod-Jhapa, Traffic Chowk-Biratnagar, Birgunj-Parsa, Bharatur-Chitwan and Nepalgunj-Banke branch of Prime Commercial Bank.

Presently, the company has a paid-up capital of Rs 397.6 million. The company is distributing 15 percent bonus for the last FY. The paid-up capital will reach Rs 457.2 million after the bonus share distribution.

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