Nepal Finance Limited (NFS) To Auction 10.94 Lakh Unsubscribed Promoter Shares From Baishakh 20
Nepal Finance Limited (NFS) is auctioning 10,94,471.187 units of unsubscribed promoter shares in an auction to the general public/company/institutions public from today i.e. 20th Baishakh to 3rd Jestha, 2081.
The general public and institutions are all eligible to bid for the auction. Rs. 100 is the minimum bid rate for the auction. The minimum bid quantity for the shares is 1000 units. 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.
Prabhu Capital has been appointed as the auction manager.