The shares were biddable by banks, financial institutions, securities traders and listed corporations. The central bank has not disclosed the name of the bidders.
The bidders were required to bid for at least 5-10 percent shares of paid-up capital of NEPSE. As per NRB, the bids will open on August 21 at 11:00 AM.
NRB auctioned the shares at a minimum price of Rs 1,032 per share including face value of Rs 100 and premium of Rs 932. NRB will earn a minimum of Rs 1.71 billion through the auction.
In NEPSE, the government of Nepal has share ownership of 58.66 percent while that of NRB is 34.60 percent. Similarly, Rastriya Banijya Bank has share ownership of 6.12 and stock brokers have share ownership 0.62 percent in NEPSE.