Nepal Insurance Company auctioning its 5,00,000 units promoter share of NCC Bank from 2nd Ashoj, 2077 to 6th Karthik 2077.
Related post: How to apply for Auction Share in Nepal?
The minimum bid price has been set as Rs 110 per share. Bidders can bid for a minimum of 1000 shares and a maximum is set as unlimited. Any quantity in between should be divisible by 10. Among the all applied applicant, existing shareholder will be given priority in the auction.
NIBL Ace Capital Limited has been appointed the auction manager. Interested investor can apply the auction form at NIBL Ace Capital Limited.
As per latest quarter report, NCC Bank has paid up capital of Rs 9.35 arba with reserve ans surplus of Rs 3.83 arba. NCC Bank has earned net profit of Rs 1.13 arba. Similarly, bank EPS stands at Rs 12.09 per share and net worth of Rs 140.91 per share.