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.
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