Nepal Credit and Commerce Bank allotted the promoter shares

Kathmandu, February 28

Nepal Credit and Commerce Bank (NCCB) has allotted the promoter shares that was auctioned.

The company had auctioned its 25,00,000 units shares from 2nd Falgun, 2077. On 9th Falgun, 2077 at the end of banking hour, the auction concluded.  

A bidder bidding at Rs. 141.50 has been allotted partially. Those who bid from Rs. 142 to Rs. 315.5 have been allotted the shares they demanded. A total of 104 bidders had bid.

Those who weren’t allotted will be refunded tomorrow, i.e. Falgun 17 through Connect IPS.