Kathmandu. NIC Asia Bank has put up for sale more than 714,000 shares through an auction process from today, Chaitra 26.
714,950 shares of the bank’s founding group have been put up for sale. Existing founding shareholders of the bank as well as other individuals and institutions can apply to purchase these shares.
The minimum price of the shares put up for sale has been set at Rs 190 per share. Investors will have to bid at the minimum price or more when submitting a bid for the purchase of shares.
A minimum of 1,000 shares will have to be bid for the purchase of shares when submitting a bid. Bids can be submitted at NMB Capital, Baluwater, Kathmandu.
The last date for submission of bids is 3 pm on April 9th.
