The existing promoters of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) are auctioning the 7,89,900 unit promoter shares from 23 Ashwin till 31 Ashwin, 2079.
Existing promoters, individual investors, companies, and institutions are all eligible to bid in an auction. Rs. 395 is the minimum bid rate.
The minimum bid quantity for promoters’ shares is 1,000 units. 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 Capital is appointed as the auction manager. Bids will open at the premises of the auction manager on Kartik 1, 2079 starting at 11 am that day.