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One lakh 37 thousand 16 undistributed shares of Prabhu Insurance (PRIN) founder and general group have been opened since Sunday, 17th of September (today). The company has auctioned unsold shares for 46 percent of the paid-up capital from June 8 to July 10.

You can apply for auction shares of Prabhu Insurance from 17th to 24th of August. The company has auctioned 15 thousand 861 shares of founder group and 1 lakh 21 thousand 154 shares of ordinary shares.

According to Prabhu Capital, the sales manager Prabhu Capital said that in the auction shares, bids can be received and submitted through branches of Prabhu Capital and Prabhu Bank at Adarshnagar Virganj, Jaljalachok Biratnagar, Milanchok Butwal, Neurodpokhara, Birendranagar Surkhet, Surkhet Road Nepalgunj, and Godavari Road Dhangadhi.

Investors can apply for at least 100 shares divided by 10 shares for a minimum of 100 rupees.

The company opened 46 percent rights sale of paid up capital from June 8th to July 10th. While issuing 31 lakh 66 thousand right shares, the company has already allotted 33 lakh 29 thousand 661 right shares as of the date of application.

According to the current capital of the company, which made a profit of 221.5 million rupees in the last financial year, the income per share is 32 rupees and the net worth per share is 214 rupees. Shares of the company were traded at 474 rupees per share on Thursday.