United Ajod Insurance has started selling its unsold right shares through an auction from today, Asar 25.
United Ajod Insurance has opened the bidding process to sell 63,847 units of promoter shares. This auction has started from today, Asar 25. Along with the existing promoter shareholders of company, any other interested individuals and institutions are also eligible to submit their bids to purchase these shares.
Details of the Share Auction
The company has fixed the minimum price of the shares at Rs. 100 per share. Investors who want to apply must write a bidding price of at least Rs. 100 or more per share in their application. If the bid price is lower than Rs. 100, the application will not be accepted.
Interested investors must apply for a minimum of 1,000 units of shares. The maximum limit for the application is set at the entire 63,847 units that the company is offering in this auction.
How to Apply and Deadlines
The bid forms can be submitted at the Kamalpokhari office of Laxmi Sunrise Capital, which is the issue manager for this share sale. Additionally, applicants can also submit their bid documents through selected branches of Laxmi Sunrise Bank. These branches are located in Biratnagar, Birgunj, Janakpur, Hetauda, Narayangarh, Pokhara, Butwal, Nepalgunj, Birendranagar in Surkhet, and Dhangadhi.
According to the company, the last date for submitting the bids is Sawan 1. All interested bidders must make sure to submit their forms before the deadline ends.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
AUCTION, United Ajod Insurance, Promoter Shares, Laxmi Sunrise Capital, Nepalese Share Market
