Neco Insurance Starts Auctioning Promoter Shares

Oct 06, 2020 09:28 AM Merolagani



Neco Insurance (NIL) has started auction of 1,070,206.84 units of promoter shares from today.  

The interested existing promoter shareholders and individuals, firms, companies and institutional organizations can bid for the shares.

The minimum price per unit share has been quoted Rs 315 by the company. The interested investors can bid for a minimum of 5,000 and a maximum of all shares by October 20.

The company has appointed Sunrise Capital as its issue manager.




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