Last day to bid for auction shares of Progressive finance

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progressive finance

Last day to bid forauction shares of Progressive finance  Limited, 24 Mangisr 2075.

The finance company is auctioning 4,48,349 units promoter shares and 16,71,955 units ordinary from 10 Mangsir 2075.

Interested bidder can bid for minimum 100 units of ordinary shares and 1000 units of promoter share quoting price equal to Rs. 100 or more.

Bidders can bid from Sunrise Capital Limited, Kamalpokhari Kathmandu, branches of Progressive Finance, new road, Banepa and branches of Sunrise bank, Birgunj, Pokhara, Surkhet, Biratnagar, Butwal, Nepaljung and Dhangadi.

How to bid/apply for auction shares? How shares brings into auction?

Sunrise Capital Limited has been appointed as issue manager for auction.

Interested bidders are urged to deposit their bid amount in A/C No. 0690371114401005 of Sunrise Bank Limited in the name of “Sunrise Capital Limited”.

Paid up capital will reach to Rs.80.01 after adjustment of 281% right shares.