Multipurpose Finance to auction 18.5 lakh units promoter shares and 1.49 lakh units ordinary shares; Issue opens on Poush 14, 2076

Multipurpose Finance Limited (MPFL) is selling 20 lakh units of unsubscribed right shares through auction from Poush 14, 2076. The bids will be accepted till Poush 18, 2076

The company is auctioning 1,850,721 units of promoter shares and 149,657 units of ordinary shares.

Civil Capital Market has been appointed as the issue manager.

The minimum bid amount is set at Rs.100 per share. Bids below the minimum bid amount will be deemed invalid.

Application forms for the same can be obtained from Civil Capital, MPFL central office, outside valley branches of Civil Bank and Baglung and Mahendranagar branch of Century Bank for Rs.100 per form.

The bid amount should be either transferred to Civil Bank’s account no. 00210000482018 or Century bank’s account no. 0010001494CA.

MPFL had issued 3.58 Million units as 864.47% right shares.

Announcement