Nabil Bank Puts Founder Shares Up for Sale
18th November 2025, Kathmandu
Nabil Bank Limited has initiated the sale of a significant block of its founder shares, placing a total of 125000 shares owned by three existing promoter shareholders on the market.
Nabil Bank Founder Shares
This specialized sale process is standard practice when promoter shareholders choose to divest their holdings and is highly regulated to ensure fairness among existing owners before any public offering.
The bank has structured the sale as a sealed bid auction, inviting applications exclusively from the existing promoter shareholders of Nabil Bank Limited in the initial phase.
Details of the Founder Share Sale
The total offering comprises 125,000 founder shares, contributed by three distinct promoter shareholders who are moving to reduce their stakes in the institution:
Jit Bahadur Shrestha: Has listed 50,000 shares for sale.
Jigyasha Aryal: Has listed 50,000 shares for sale.
Jash Shrestha: Has listed 25,000 shares for sale.
The sale is restricted to the existing promoter shareholders of Nabil Bank during the initial 35-day period, maintaining the sanctity of the bank’s promoter group.
Application Procedure and Timeline
Interested promoter shareholders must adhere to a strict application protocol to submit their bids for the founder shares:
Submission: Applications must be submitted as a sealed bid.
Location: Bids are to be submitted to the Office of the Company Secretary at the bank’s central office in Durbar Marg, Kathmandu.
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Deadline: The application window is set at 35 days from the publication of the notice.
Content: The application must explicitly state two critical pieces of information: the number of shares the bidder wishes to purchase and the proposed purchase price per share.
The sealed bid mechanism ensures that all promoter shareholders have an equal and confidential opportunity to acquire the shares at a price they determine.
Share Pricing Details and Minimum Price
A notable feature of this sale is the difference in pricing requirements across the three promoter shareholders’ listings.
Jash Shrestha’s Shares: The 25,000 shares owned by Jash Shrestha have a clearly defined minimum price of Rs. 301.10 per share. Bids for these specific shares must meet or exceed this floor price to be considered valid.
Remaining Shares: The remaining 100, 000 shares (50,000 from Jit Bahadur Shrestha and 50,000 from Jigyasha Aryal) do not have a minimum price set. This suggests that bids for these shares will be accepted at any price offered by the purchasing promoter shareholder, with the final sale likely going to the highest bidder(s).
The differing price structures add a layer of complexity to the bidding process for existing promoters.
Contingency for Public Sale
Nabil Bank has outlined a clear path for the shares should the initial promoter-exclusive period fail to attract buyers.
The notice specifies that if no valid applications are received from the existing promoter shareholders within the 35-day deadline, the bank will then proceed with the necessary steps to sell the remaining shares to the general public. Selling founder shares to the public is a process that typically involves converting them to ordinary shares, further broadening the bank’s public ownership.
This sale is a routine yet important event in the capital market, allowing Nabil Bank’s founding investors to restructure their portfolio while providing other existing promoters or eventually the public an opportunity to acquire shares in one of Nepal’s leading commercial banks.
For More: Nabil Bank Founder Shares
