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The current promoter of Nepal Finance Limited (NFS) are offering 10,90,371.187 units of promoter shares in an auction for the general public starting today, from 11th Jestha to 1st Ashad, 2082.
All current promoters, members of the general public, and institutions qualify to participate in the bidding for the auction. The base rate for bids is set at Rs. 100. A minimum purchase of 1000 units of shares is required for bidders. While participants can bid for the entire offering, they must comply with Nepal Rastra Bank’s regulation that restricts the number of shares each entity may bid for.
Prabhu Capital has been designated as the auction manager.
