Nepal Investment Mega Bank Opens Founders’ Shares for Public Sale
3rd November 2025, Kathmandu
Nepal Investment Mega Bank Limited (NIMB) has announced a significant opportunity for investors by opening the sale of its unsold founder (promoter) shares to the general public.
NIMB Founders’ Shares
This move follows a strategic process dictated by regulatory guidelines, which prioritize existing promoters before making such shares available to a wider market. This is a chance for any individual, company, or institution to acquire a stake in one of Nepal’s leading commercial banks at what is typically a preferential valuation.
The Sale Process and Available Shares
The current public offering is a result of a prior internal sale process that did not secure full uptake from the bank’s existing founder shareholders, demonstrating the bank’s commitment to liquidity and fulfilling the sale mandate.
Sequential Offering and Unsold Quota
The bank initially offered a total of 88,805 promoter shares to its existing promoter shareholders. This primary offering was conducted on a priority basis over a 35-day period, commencing from Ashoj 9 (approximately late September). When the demand from the existing promoter base did not fully cover the total quantity of shares put up for sale, the bank was required to extend the offer to the general public as per the Nepal Rastra Bank’s directives.
This unsold portion of the promoter shares is now available for purchase by the public. This mechanism ensures that the shares are not left idle and provides a pathway for new, diverse investors to inject capital and gain ownership within the financial institution.
Eligibility and Application Window
The sale is now open to a broad class of investors: any individual, company, or institution can apply to purchase these shares. The only stipulated exclusion is the bank’s existing founder shareholders, who had their priority window and are now barred from participating in the public sale phase for this specific lot.
A crucial factor for interested investors is the extremely short application window. Applicants must submit their bids within 7 days of the announcement. This tight timeframe necessitates rapid decision-making and preparedness from potential buyers.
How to Apply: Submission Details
Interested applicants must follow the bank’s official procedure to submit their applications, which must include a bid for the purchase price.
Application Submission Point
All interested bidders must physically submit their applications to the bank’s designated point of contact. This central location is the bank’s share department, which is located at the bank’s strategic central office in Lazimpat, Kathmandu. The application must include the bidder’s proposed purchase price per share, their identifying documents, and details of the share quantity they intend to acquire.
Promoter Share Valuation and Transaction
Promoter shares typically trade at a lower price than the public shares (NIMB) listed on NEPSE. The price is often determined through an auction process, where bidders submit a sealed bid with their preferred price, which must be equal to or higher than the minimum price set by the seller. The final transaction price is usually based on the highest competitive bid received. Investing in promoter shares is generally a long-term investment strategy, as these shares are subject to certain lock-in periods or restrictions on quick trading, unlike public shares.
For interested investors, acquiring promoter shares from a large commercial bank like Nepal Investment Mega Bank, which was recently formed through the merger of Nepal Investment Bank and Mega Bank, represents an opportunity to secure a foundational stake in a financially sound and systematically important institution at a price lower than the prevailing market rate for public shares. The tight deadline, however, demands immediate action and thorough financial preparedness from all eligible bidders.
For More: NIMB Founders’ Shares
