Kathmandu. United Ajod Insurance Company Limited (LIC) has decided to issue 64,000 units of undistributed right shares.
The company will issue 63,847 units shares of the promoter group through an auction from July 9. Anyone other than the founder of the company can bid for the shares.
The minimum price of the shares has been set at Rs 100 per share. This means that the bidder will have to bid for the minimum price or more.
The interested bidders must apply for a minimum of 1,000 units. You can apply for a maximum of all the shares.
The bidders can bid for the shares from Sunrise Capital at Biratnagar, Birgunj, Janakpur, Hetauda, Narayangadh, Pokhara, Butwal, Nepalgunj, Birendranagar, Surkhet and Dhaganadhi. The last date for bidding is July 17.
