The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 62,500 units of shares, starting from today, which is the 29th of Bhadra, and continuing until the 12th of Ashwin, 2080. This auction is open to existing interested promoter shareholders, as well as the general public and institutions.
The auction specifically involves 62,500 units of promoter shares of NMFBS, and eligible participants, including promoter shareholders, the general public, and institutions, can submit their bids. The minimum bid rate for these shares has been set at Rs. 530 per unit, with a requirement that the minimum bid quantity for promoter shares must be 1000 units. However, participants should ensure that their applied units do not exceed the limit set by the Nepal Rastra Bank (NRB).
The auction management responsibilities are being handled by NIMB Ace Capital Limited, and the opening of bids is scheduled to take place at the premises of the auction manager on the 14th of Ashwin, 2080.
As of the current status, NMFBS has a Last Traded Price (LTP) of Rs. 1072, which is relevant information for potential investors considering participation in the auction. This auction provides an opportunity for interested parties to acquire NMFBS promoter shares at the specified terms and conditions.