People's Power Limited Auctioning 3,91,779 Unclaimed Right Shares from Bhadra 15
Summary
People's Power Limited is auctioning 3,91,779 unclaimed rights shares, representing 12.38% of its previous rights offering, from Bhadra 15 to 22, 2082. The auction is open to all eligible individuals and institutions with a minimum bid rate of Rs. 100.
Key Points
- People's Power Limited is auctioning 3,91,779 unclaimed rights shares from its 1:0.50 rights offering.
- A total of 27,71,221 shares were allotted to 91,938 applicants, leaving 12.38% shares unclaimed.
- The auction will be held from 15th to 22nd Bhadra, 2082, open to individuals and institutions.
- Prabhu Capital Limited is the issue manager, with a minimum bid rate set at Rs. 100 and minimum bid quantity of 100 shares.
