Bids Received in Auction of Rapti Hydro & General Construction Limited Ordinary Shares Opened; What is the Cut-Off Rate?
Summary
Rapti Hydro & General Construction Limited opened bids for its ordinary shares auction with a tentative cut-off rate of Rs. 276 per share. Around 1,800 applications were received for the 704,111 right shares auctioned.
Key Points
- Rapti Hydro & General Construction Limited auctioned 7,04,111 ordinary right shares starting from 13th to 20th Shrawan, 2082.
- Muktinath Capital managed the auction held at its premises in Naxal, Kathmandu.
- The tentative cut-off rate for the shares is Rs. 276, subject to final reconciliation.
- The last traded price of the share is Rs. 318.78 per share.
