Nepal Finance Limited (NFS) has officially announced the auction of its promoter shares. A total of 7,94,971.187 units of promoter shares are being sold to interested buyers through a sealed-bid auction. The auction will remain open from 12th Bhadra, 2082, to 26th Bhadra, 2082.
Auction Details
The shares being auctioned belong to the existing promoters of Nepal Finance Limited. The auction is open to:
Existing promoters of the company
General public investors
Institutional investors
The minimum bid rate has been fixed at Rs. 100 per share, and participants must bid for at least 1,000 units. Although investors can place bids for the entire available quantity, they must comply with the shareholding limits set by Nepal Rastra Bank (NRB).
Key Auction Information
| Particulars | Details |
|---|---|
| Company Name | Nepal Finance Limited (NFS) |
| Type of Share | Promoter Shares |
| Total Units for Auction | 7,94,971.187 units |
| Auction Opening Date | 12th Bhadra, 2082 |
| Auction Closing Date | 26th Bhadra, 2082 |
| Minimum Bid Rate | Rs. 100 per share |
| Minimum Bid Quantity | 1,000 units |
| Auction Manager | Prabhu Capital Limited |
Application Process
Interested bidders can collect the bid application form from Prabhu Capital Limited, Kamaladi, Kathmandu, or from selected branch offices of Nepal Finance Limited and Prabhu Bank Limited across different locations.
The application form costs Rs—100 per set.
Bidders must clearly mention the desired number of shares and bid amount per unit in the form.
The payment should be made through a Good for Payment Cheque, a Manager’s Cheque, or via Connect IPS.
Incomplete or unclear applications will be automatically disqualified.
Important Notes for Bidders
The highest bidders will be prioritized during share allocation.
In case of equal bid amounts, shares will be distributed proportionally among applicants.
Applications failing to meet the minimum criteria will not be considered.
Nepal Finance Limited reserves the right to approve or reject applications as per rules and regulations.
Auction Manager
Prabhu Capital Limited, a subsidiary of Prabhu Bank Limited, will manage the auction process. For further details, investors can visit:
Notice: Nepal Finance Limited Announces Auction of 7,94,971 Units Promoter Shares
