Prime life Insurance amends the share quantity of auction ; Checkout the number of shares available

As per the notice published today, Prime life Insurance has amended the quantity of shares in auction. 

The new quantity is 437 units less then what was previously said to be auctioned. The company is auctioning 271,541 unit shares to general public at a price Rs 100 or above. The auction commenced from May 16th and is scheduled to close tomorrow. 

Laxmi Capital will be managing the auction. 

Interested bidders can bid for a minimum of 100 units at a price above the face value i.e Rs 100. One can submit the bids at Laxmi Capital, New Baneswor inside the valley. Or, Branches of Laxmi Bank outside the valley, namely : Birgunj, Biratnagar, Butwal, Pokhara, Surkhet, Nepalgunj and Dhangadi. The payment procedure as prescribed in the application forms has to be followed. 

Prime Life Insurance had floated 160% right shares from 27th Falgun,2074 to 3rd Baisakh, 2075. The unclaimed rights are now to be auctioned among the general public.