Kumari Bank Puts 1,322 Promoter Shares Up for Sale

19th September 2025, Kathmandu

Kumari Bank Limited has announced the sale of 1,322 promoter shares.

Kumari Bank Promoter Shares

Kumari Bank Limited has announced the sale of 1,322 promoter shares. In the initial phase, these shares are exclusively available to its existing promoter shareholders. Interested shareholders have a 35-day period to submit their applications.

Application Process and Location

The bank has set a clear procedure for the application process. Prospective buyers, who must be existing promoter shareholders, can file their requests at either of two designated locations:

• Kumari Capital Limited in Naxal, Kathmandu.
• The bank’s head office in Tangal, Kathmandu.

The specific selling price of the shares will be determined by the current share seller. This sale provides a unique opportunity for current promoter shareholders to increase their stake in the bank. This also reflects a common practice in the Nepalese capital market where companies first offer shares to existing stakeholders before opening them up to the wider public.

The Fate of Unsold Shares

Kumari Bank has a clear plan in place should the initial offering not be fully subscribed by the promoter shareholders. If no applications are received within the stipulated 35-day timeframe, the remaining shares will be offered to the general public. This secondary offering will be conducted through a separate process, which will be announced at a later date. This tiered approach ensures that existing stakeholders are given priority while also providing a mechanism for the shares to be sold to a broader market if necessary.

Context of the Sale

The sale of promoter shares by a commercial bank like Kumari Bank is a notable event in the financial sector. Promoter shares are typically held by the bank’s founders and major investors and are not as actively traded as public shares. The sale of such a large block of shares can have implications for the bank’s ownership structure and its stock market performance. In the broader context of Nepal’s banking industry, such sales can also be a reflection of shifting financial strategies or individual investment goals among the bank’s key stakeholders.

This move by Kumari Bank comes at a time when the Nepalese banking sector is undergoing significant changes, including new regulations from the Nepal Rastra Bank and a growing emphasis on digital transformation. The ability of the bank to successfully manage this share sale will be watched by investors as a measure of its stability and financial health. The process demonstrates the bank’s commitment to transparency in its financial governance and its adherence to regulatory requirements for such transactions. Ultimately, the outcome of this offering will determine whether the shares remain within the bank’s existing promoter base or become available to new investors, potentially broadening the bank’s ownership base and further integrating it with the wider capital market.

For More: Kumari Bank Promoter Shares