Karnali Development Bank Auction : Bid opening today

The bid opening program for Karnali Development Auction is scheduled to be held today at 10 am in Prabhu Capital.

The auction for 5,23,570 units promoter shares and 1,84,588 units ordinary shares commenced on 17th Ashad and ended on 24th Ashad, 2075. Prabhu Capital is managing the auction. 

Karnali development bank had floated a right share of 225%. The unsubscribed shares were than auctioned among general public. The unsold auction shares are the one re-auctioned and whose bid is supposed to get opened today.

The shares of KRBL was last traded for Rs 106 in the stock exchange.