National Microfinance shares at auction; 80,000 shares up for auction; Who can apply?
Kathmandu, April 13
National Microfinance Laghubitta Bittiya Sanstha Limited has put 80,000 founder shares up for auction from Tuesday. The company has set a minimum price of Rs 1,600 per share. This means that investors will have to bid at a minimum price or more.
Investors will be able to submit bids for minimum of 100 lots and maximum of all lots. Bids should be submitted to NIBL S Capital, Lazimpat, Kathmandu. Existing founders and any individual, company, association can apply for the auctioned shares. Bids can be submitted till the banking time on Jestha 3.