Himalayan Bank Share Sale of 73,069 Promoter Shares
12th January 2026, Kathmandu
Himalayan Bank Limited has officially announced the sale of 73,069.66 promoter shares, owned by six of its existing promoter shareholders. This notice, published on Monday, Poush 28, 2082 (January 12, 2026), follows a period of significant ownership shifts at the bank, including the recent major exit of Pakistan’s Habib Bank Limited.
Himalayan Bank Share Sale
The bank has officially invited applications for the purchase of these shares in accordance with the Unified Directives of Nepal Rastra Bank (NRB) and the Banks and Financial Institutions Act (BAFIA). These regulations ensure that promoter shares are offered to existing internal partners before becoming available to the wider public, preserving the bank’s stability and founding structure.
Breakdown of Shares Offered for Sale
The shares being offered for sale are currently held by six individual promoter shareholders who are looking to divest their interests. The cumulative total amounts to 73,069.66 promoter shares of Himalayan Bank Limited (HBLPO).
The individual holdings are listed as follows:
Jeet Kumar Shrestha: 20,482.08 shares
Mahendra Nath Karmacharya: 20,297 shares
Ghanaman Bajracharya: 19,492.13 shares
Tulsi Ram Nepal: 7,409.56 shares
Hari Prasad Prasai: 5,288.89 shares
Jayant Kumar Agrawal: 100 shares
Priority Given to Existing Promoter Shareholders
In compliance with Directive No. 10 of the Unified Directives 2081, the bank has granted the first right of purchase exclusively to its existing promoter shareholders. This means that at this stage, only current investors within the promoter group are eligible to submit purchase applications.
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This mandatory provision aims to protect the promoter ownership structure and institutional stability. Only if no valid applications are received from the existing promoter shareholders within the stipulated 35-day timeframe will the bank proceed to make these shares available to the general public or other qualified institutions through a separate secondary process.
Application Deadline and Submission Process
Interested and eligible promoter shareholders must submit their formal purchase applications within 35 days from the date of the notice. The application window is expected to close on or around February 15, 2026.
Submission Location: Applications must be submitted to the Legal Department of Himalayan Bank Limited, located at Heritage Plaza, Kamaladi, Kathmandu.
Requirements: Applicants must provide all necessary documentation, including their existing promoter ID and a formal bid price per share.
Terms: The bank has emphasized that late or incomplete submissions will not be considered, and the final decision remains subject to the bank’s internal assessment and regulatory approval.
Market Context and Financial Stability
As of early January 2026, the market price for Himalayan Bank Limited’s promoter shares (HBLPO) has been observed around NPR 131.00, while the ordinary shares (HBL) are trading higher, reflecting the standard liquidity premium for public shares.
Recent financial developments at the bank include:
Habib Bank Exit: Pakistan’s Habib Bank recently completed the sale of its entire 28 million promoter shares to National Life Insurance, making National Life the largest promoter shareholder.
Profit Growth: The bank reported a net profit of approximately NPR 1.52 billion for the second quarter of the fiscal year 2081/82, showing marginal growth despite challenging interest rate environments.
FPO Approval: The bank recently received approval for a Follow-on Public Offering (FPO) at NPR 157 per share to further diversify its capital structure.
Conclusion
The sale of 73,069.66 promoter shares in Himalayan Bank represents a structured and regulation-compliant process that ensures internal shareholders have the primary opportunity to consolidate their holdings. This transaction is part of the ongoing evolution of the bank’s ownership following its merger with Civil Bank and the exit of its foreign joint venture partner. Interested eligible investors are advised to review the current financial disclosures and submit their applications within the specified deadline.
For More: Himalayan Bank Share Sale
