Founder shares of Himalayan Life on sale from 17th of December, What is the minimum price?

Kathmandu: Applications can be made for the auction of the founding shares of Himalayan Life Insurance Company from 17th of December, 2023 A.D. The company has auctioned 124 thousand 833 shares owned by Ganesh Properties and Investments Pvt Ltd.

The minimum price of those shares is Rs.250 per share. Anyone who is interested in buying those shares will have to submit a confidential sealed bid after accepting the competitive price. The time to submit the application is fixed till 22nd of December. Buyers can apply for the purchase of a minimum of 10,000 shares and a maximum of all shares.

Investors should apply to Sales Manager NIC Asia Capital Limited, Thapathali, Kathmandu stating the number and price of shares they want to purchase along with necessary documents.