NIC Asia Bank Auctioning Promoter Shares of These 3 Companies
NIC Asia Bank Limited is auctioning the promoter shares of RMDC Laghubitta Bittiya Sanstha Limited. The auction has opened today, i.e. on Ashad 27, and will close on Ashad 31 at the end of banking hours.
3,73,765 unit promoter shares of RMDC Laghubitta are in the auction. Existing promoters, the general public, and institutions can all bid for the auction.
Rs. 473 is the minimum bid rate. While the minimum bid quantity for shares is 100 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.
NIC Asia Bank Limited is also auctioning the promoter shares of Mero Microfinance Laghubitta. The auction has opened today, i.e. on Ashad 27, and will close on Ashad 31 at the end of banking hours.
A total of 56,838 unit promoter shares of Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) will be auctioned. These are the promoter shares of MERO currently owned by NIC Asia Bank. All eligible individuals, existing promoters, and institutions can bid for the auction.
While the minimum quantity is 100 units, bidders can bid for the entirety of the auction. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity. Rs. 534 is the minimum bid rate.
53,070 promoter shares of Mahuli Laghubitta Bittiya Sanstha Limited are also auctioned in the same period. Rs. 752 is the minimum bid rate. While the minimum quantity is 500 units, bidders can bid for the entirety of the auction. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
