National Microfinance starts auctioning promoter shares from today

Dec 02, 2020 09:24 AM Merolagani

National Microfinance Laghubitta Bittiya Sanstha (NMFBS) has started auctioning 104,000 units of promoter shares from today. The auction will open on December 2-16.

The interested existing promoter shareholders, institutional investors and general public can apply for a minimum of 1,000 units and maximum of all shares multiple by 500 at a minimum price of Rs 725.

The company has appointed NIBL Ace Capital as its issue manager.

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