Kathmandu. 363 lakh shares of Forward Microfinance Microfinance Institution have been put up for sale from today, Chaitra 30.
The shares of the founder group of the institution have been put up for sale through an auction process. The founder shareholders of the institution as well as any other individuals and institutions can submit bids for the purchase of these shares.
Investors will have to submit a purchase application for a minimum of 1,000 shares. The minimum price of the shares put up for sale is set at Rs 531 per share, so investors will have to bid at or above the minimum price.
Bids can be submitted at the organization’s central office in Duhabi, Sunsari or at the office of the securities sales manager NMB Capital in Baluwatar, Kathmandu. The last date for submitting bids is Chaitra 17.
