Jeevan Bikas Microfinance Opens Auction of 334,500 Promoter Shares

Jeevan Bikas Microfinance Financial Institution Limited has announced the auction of 334,500 promoter shares. These shares can be purchased by founder shareholders, individuals, or institutions.

Shares on Sale: A total of 334,500 promoter shares are available for auction.

Minimum Price for Share Purchase: The minimum price per share has been set at NPR 600, and buyers must bid at or above this price.

Application Process: Interested buyers must apply for a minimum of 250 shares.

Application Submission Locations: Applications can be submitted in sealed bids from Kartik 4 to Kartik 14 at the microfinance's central office in Katari, Morang, or at the sales manager's office, NMB Capital in Baluatar, Kathmandu.

Bid Opening Date: The sealed bids will be opened on Kartik 25 at 10 AM at NMB Capital’s office.