National Microfinance To Sell 110,000 Shares In Auction From Ashwin 2

September 18, 2020 | Investopaper

National Microfinance Laghubitta Bittiya Sanstha Limited is going to sell 110,000 unit promoter shares. The company will sell the shares in the auction.

National Microfinance has invited bidding for the shares from Ashoj 2 to Karthik 6. The existing founders, general public and companies can apply for the shares.


How To Apply For Auction Of Shares In Nepal? [Step By Step]

The company has informed that the minimum bid price of the shares is Rs 725 per share. While bidding for the purchase of shares, the applicant will be able to apply for a minimum of 1,000 lots and a maximum of the entire lot.

Applicants will have to deposit the advance amount of the shares they want to purchase in the name of NIBL ​​Ace Capital in the account number 0010006577000014 of Kumari Bank. The company will credit the allotted shares to the demat account of the applicants. Likewise, the amount of those not distributed will be credited to the bank account of the applicants.

Applicants should submit the bidding letter to NIBL ​​Ace Capital Limited by Karthik 6, 2077.

Suggested Readings:

Top 10 Microfinance With Highest Earnings Per Share (EPS)

Top 5 Microfinance of Nepal: Comparative Study


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