Multipurpose Finance Company Limited auctioning its 17,59,621 units promoter share from Poush 17
Multipurpose Finance Company Limited (MPFL) is auctioning its 17,59,621 units of promoter shares. The auction will open from 17 Poush till 2nd Magh, 2077.
Rs. 100 is the minimum bid rate for the auction. While the minimum bid quantity for shares is 1000 units, there is no upper limit for both shares. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Civil Capital Market Limited is appointed the auction manager. Bids will be opened at the issue manager's office in Sundhara on Poush 17, starting from 10 am.
As of writing, Multipurpose Finance Company Limited’s last day closing price of ordinary shares stands at Rs. 157 per share.
