NIC Asia Bank Limited has announced the sale of 200,000 founder shares held by its founding group through a tender-based process, allowing all interested parties to participate. According to the sales manager, Nepal Life Capital, the minimum price per share is set at Rs. 140.
Eligible individuals, companies, or institutions interested in purchasing the shares can submit applications from Poush 23 to Magh 2, 2082. Applicants are required to submit a bid for the entire 200,000 shares, which would require a minimum investment of Rs. 2.8 crore.
Confidential sealed bid forms can be obtained from Nepal Life CapitalтАЩs office in Kamalpokhari, Kathmandu and must also be submitted at the same office. The bids submitted during the sale period will be opened at 3:00 PM on Magh 4, 2082, at the sales managerтАЩs office. Bidders must indicate a price of at least Rs. 140 per share or higher in their submissions.
┬аThis article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
