The existing promoter of ICFC Finance Limited is auctioning the company’s promoter shares. 203,580 shares are being auctioned from today, i.e. 6th Falgun to 13th Falgun, 2078.

The existing promoters, general public, and institutions are all eligible to bid for the auction.

Rs. 185 is the minimum bid rate for the auction. The minimum bid quantity for promoters’ shares is 30,000 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.

NMB Capital is the auction manager. Bids will be opened at the premises of the auction manager, Nagpokhari, Kathmandu on Falgun 15, starting at 10 am that day.

Read full article at

Leave a Reply

Your email address will not be published.

You May Also Like

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…

IPO of Emerging Nepal Limited Oversubscribed 40.58 Times by 18,02,182 Applicants, IPO Closes on Sunday – |

Emerging Nepal Limited has issued 5,55,600 units worth Rs 5.5 crore as Initial…

Dolti Power Company appoints NIC ASIA Capital as issue manager to float shares in IPO; 4.5 MW project to go public – |

Dolti Power Company has appointed NIC ASIA Capital as the issue manager…

IPO of Emerging Nepal Limited Closes With 24,15,919 Profit-Hungry Applicants – |

Emerging Nepal Limited has closed its IPO issue today. The investment company…