Nirdhan Utthan Laghubitta (NUBL) Auctioning its Promoter Shares from Today

Wed, Mar 31, 2021 10:02 AM on Latest, Auction,

Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) is auctioning 1,08,542 unit promoter shares. The auction will open from today, i.e. Chaitra 18, and close on Baisakh 21, 2078.

Existing promoters, individual investors, companies, and institutions are all eligible to bid for the auction, however, the first priority will be given to the existing promoter shareholders. While the minimum bid quantity is 2000 units for the auction of the shares, there is no upper limit. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.

Rs. 550 is the minimum bid rate for the auction of promoter shares of Nirdhan Utthan Laghubitta Bittiya Sanstha Limited. Bids will be opened on Baisakh 23, 2078.