As per an official of NIBL Capital Markets, “the preliminary cut off price for 93,027 unit ordinary and 1.02 lakh unit promoter shares stood at Rs 803 and Rs 130 respectively. The maximum bid for ordinary and promoter shares was received at Rs 1300 and Rs 200 respectively. Out of 625 and 13 applicants for ordinary and promoter shares, only 238 and 4 grabbed the shares.”
The application for the auction was open from Poush 11 to Poush 18, 2074.
It had earned net profit of Rs 1.96 crore in the first quarter of the FY 2074/75.
Its last traded price stood at Rs 1,185 as of last trading day.
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