National Microfinance To Auction Promoter Shares

Apr 04, 2021 07:42 AM Merolagani

National Microfinance Laghubitta Bittiya Sanstha (NMFBS) is set to auction 80,000 units of promoter shares from April 13.

The company has quoted a minimum price of Rs 1,600 for the promoter shares. The interested and eligible existing shareholders, individuals, companies and institutions can bid for the promoter shares.

The bidders can bid for a minimum of 100 and maximum of all shares under NRB limit.

The issue will close on May 17.

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

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