Kumari Bank Opens Sale of 100,000 Founder Shares to General Public
4th October 2026, Kathmandu
Kumari Bank Limited has officially placed 100,000 units of founder shares up for sale to general individual and institutional investors.
Kumari Bank Opens Sale
The bank initiated the public sale in accordance with Nepal Rastra Bank directives after existing promoter shareholders declined to exercise their primary right of purchase within the designated timeframe.
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Auction Details and Application Guidelines
- Total Shares Offered: A total of 100,000 founder shares are available for purchase.
- Application Period: Interested investors must submit their purchase applications within 35 days from the date of official notice publication.
- Pricing Mechanism: The price per share for the offered founder shares will be determined through a competitive bidding process.
Application Submission Outlets
Application forms can be submitted directly in person at the office of the bank’s issue manager, Kumari Capital Limited (Naxal, Nagpokhari, Kathmandu), or at Kumari Bank Limited’s Corporate Head Office (Tangal, Kathmandu).
Background
The bank previously offered the shares to existing founder shareholders as per regulatory guidelines. Following the absence of applications from existing founders within the stipulated deadline, the offer has now been extended to the general public.
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