ICFC Finance Limited is auctioning the promoter shares of First Microfinance Laghubitta Bittiya Sanstha Limited. The auction has opened from today, i.e. 21st Shrawan, 2078, and will close on 24th Bhadra, 2078.
3,19,410 units promoter shares of First Microfinance Laghubitta are being auctioned. Rs. 300 is the minimum bid rate. While the minimum bid quantity for shares is 1000 units, there is no upper limit for both shares. 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.
Muktinath Capital has been appointed the auction manager. Bids will be opened on the premises of the auction manager on Bhadra 25 starting at 11 am that day.