Jebils Finance Ltd to auction unsubscribed right shares; auction to last till magh 14

Jebils Finance Limited (JEFL) has published a notice to auction 3,72,427.50 units right shares (1:1 right shares was not fully subscribed by its shareholders)  to the general public from Magh 7, 2074, which includes 2,98,206.87 units promoter shares and remaining 74,220.63 units ordinary shares.

Sunrise Capital Limited has been appointed as the issue manager for the issue.

The auction will start from magh 7, 2074 to magh 14,2074 , interested bidders must submit their bids within banking hours at Sunrise capital Ltd, Kamalpokhari, Kathmandu or appointed branches of Sunrise Bank Limited.

The minimum quantity to bid is 1000 units for the promoter and 100 ordinary shares. For promoters shares, one can apply upto 2,98,206.87 units shares whereas for the ordinary maximum limit  to apply is 74220.63 units. Interested bidders must quote for the minimum of Rs 100 per unit.

The investors applying for the auction can deposit the bid amount in the account number 0690371114401004 maintained at Sunrise Bank Limited, Kamalpokhari in the name of Sunrise Capital Limited or can apply through Good for Payment cheque.

The company has shown the net loss of Rs 25.71 lakh in the first quarter of the FY 2074/75.

JEFL last traded price was Rs 134.