The bank is re-auctioning 31,21,600 units of promoter share to public by Civil Bank from 14 Chaitra to 21 Chaitra 2074.
The bank had auctioned 9,94,358.50 units ordinary shares & 32,44,600.25 unit promoter shares from 23 Falgun to 1 chaitra 2074. Ordinary share are fully bid & cut off price stood at Rs.133.
Promoter share are not fully bid by promoter. Promoter didn’t show their interest over the auction share. So, the bank is trying selling promoter share to general public through auction.
The issue manager is Laxmi Capital market Limited for auction.
Interested public or bidder must quote a minimum price of Rs 100 with minimum 100 units of promoter shares.
Interest bidder can collect form from laxmi capital, new baneshwor, Kathmandu & submit within 1 Chaitra 2074.
The bank requested the bidders to deposit bid amount in account number 00534010757 Laxmi Bank Limited in the name of Laxmi capital market limited.
Currently its paid up capital is 5.18 arba. After right adjustment, paid up capital will reach to 7.25 arba. Still CBL needs to hike its capital by 75 crore to meets NRB directives of minimum 8 arba capital.
It had earned 21.97 crore in the Q2 of FY 2074/75.
