Last day to bid for 6.01 auction shares of Lumbini Bikas Bank ; LTP 172

Today is the last day to bid for 6.01 unit auction of Lumbini Bikas Bank. 

Lumbini Bikas Bank is auctioning unclaimed right shares that includes 2,21989.03 unit ordinary shares and 3,75,336.44 unit promoter shares.The auction is commencing from 2nd Baisakh and is ending today (9th Baisakh, 2075). 

The company had issued 20,08,878.47 unit right shares at a ratio 10:1 to the eligible shareholders. Out of the total quantity, company has allotted 14,07,553 units shares to 18,792 valid applicants. This accounts for nearly 70% of the issued shares. The remaining 30% will now be auctioned among general public.

Vibhor Capital is managing the issue.