Multipurpose Finance Company (MPFL) Re-auctioning 17,59,621 Promoter Shares
Multipurpose Finance Company Limited (MPFL) is auctioning its 17,59,621 units of promoter shares. The auction will open from 28th Falgun and will close on 13th Chaitra, 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. As of writing, Multipurpose Finance Company Limited’s last day closing price of ordinary shares stands at Rs. 177 per share.
