1,20,000 Promoter Shares of First Microfinance Laghubitta (FMDBL) in Auction from Today
The existing promoter of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) is selling its 1,20,000 units promoter share in an auction from today i.e. 7th Falgun to 11th Chaitra, 2080.
1,20,000 units of promoter shares will be auctioned. Interested promoter shareholders/institutions are eligible to bid for the auction. Rs. 315 is the minimum bid rate. Although bidders can bid for the entirety of the issue, they are required to abide by the Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Prabhu Bank Limited is the auction manager. As of writing, FMDBL has an LTP of Rs. 606.
