National Microfinance put fifty thousand shares in auction; Shares on sale from Baisakh 13
Kathmandu, April 23
National Microfinance Laghubitta Bittiya Sanstha Limited is going to sell fifty thousand founder shares through auction.
The company is going to put the founder shares up for auction from Baisakh 13 to Jestha 16. The securities manager of the company is Siddhartha Capital Limited.
Existing founders and any individual, company and association will be able to submit bids in the auctioned shares. The company has set a minimum price of Rs. 1,200 for the shares put up for auction. This means that the investor will have to bid the minimum price or more when submitting the bid.
Bids should be submitted to the office of Naxal-based Siddhartha Capital in Kathmandu. While submitting the bids, a minimum of 1000 units and maximum of all units can be applied.