NIC Asia Bank Shares Open Auction Sale at Rs 140 for Investors
7th January 2026, Kathmandu
NIC Asia Bank Limited has announced a significant opportunity for the general public and institutional investors to acquire a substantial block of its promoter group shares. Starting from Poush 23, 2082, a total of 200,000 units of NIC Asia Bank promoter shares are being offered through a sealed-bid auction process. This move is notable in the Nepalese capital market as it opens a door for a wide range of investors to participate in the ownership of one of the country’s most digitally advanced and financially robust commercial banks.
NIC Asia Bank Shares
The auction is being managed by Nepal Life Capital Limited, acting as the issue and sales manager. Unlike many promoter share sales that are restricted solely to existing shareholders, this specific auction is open to all qualified individuals, firms, companies, and institutions, provided they meet the regulatory requirements set by the Nepal Insurance Authority and Nepal Rastra Bank.
Key Auction Details and Application Deadlines
Investors interested in these shares must adhere to a strict timeline and bidding procedure. The auction window is relatively short, and late applications will not be considered.
Application Opening Date: Poush 23, 2082
Application Closing Date: Magh 2, 2082
Bid Opening Date: Magh 4, 2082
Bid Opening Time: 3:00 PM
Location for Submission: Nepal Life Capital Limited, Kamalpokhari, Kathmandu
It is essential for bidders to note that this auction requires a single bid for the entire lot of 200,000 shares. Partial bidding for smaller quantities is not allowed, making this opportunity particularly geared toward high-net-worth individuals and institutional investors who wish to hold a significant stake in the bank.
Minimum Bid Price and Valuation Insights
The minimum bid price for the NIC Asia Bank promoter shares has been set at NPR 140 per share. This base price serves as the starting point for the competitive bidding process. Applicants are encouraged to quote a price higher than the minimum if they wish to increase their chances of selection, as the shares will be awarded to the highest bidder.
When determining a bid price, investors should consider the current market price of NIC Asia Bank’s promoter shares (NICAP) and the bank’s overall financial health. Historically, promoter shares in leading commercial banks like NIC Asia have traded at a premium due to their long-term stability and consistent dividend history. The bank’s recent proposal to issue rights shares in a 2:1 ratio further adds a layer of strategic value to these shares, as holding a larger block could lead to significant future equity growth.
Eligibility Criteria: Who Can Participate?
The inclusive nature of this auction is one of its most attractive features. The following categories are eligible to submit bids:
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Individual Nepalese Citizens: Any individual with a valid Demat account and permanent account number (PAN).
Corporate Entities: Registered companies and firms looking to diversify their investment portfolios.
Financial Institutions: Banks, insurance companies, and mutual funds seeking long-term assets.
Non-Governmental Organizations: Associations and institutions that meet the investment guidelines for their respective sectors.
All bidders must ensure that their total shareholding in the banking sector remains within the limits prescribed by Nepal Rastra Bank to avoid regulatory non-compliance.
Strategic Importance of NIC Asia Bank Promoter Shares
NIC Asia Bank has consistently positioned itself as a leader in the Nepalese banking industry, particularly in the realm of digital banking and nationwide network expansion. As of 2026, the bank maintains one of the largest branch networks in Nepal, covering all major urban centers and many rural pockets.
Acquiring promoter shares during such an auction provides investors with several advantages:
Long-Term Capital Growth: Commercial bank shares in Nepal are often viewed as “blue-chip” investments that provide steady appreciation over decades.
Stability: Promoter shares represent the foundational equity of the bank and are typically less volatile than ordinary shares in the secondary market.
Influence: For institutional investors, holding 200,000 shares can provide a more meaningful presence within the bank’s shareholder structure.
How to Apply: The Procedure
To participate, interested investors must visit the office of Nepal Life Capital Limited in Kamalpokhari, Kathmandu, to collect the official application forms. The completed forms, along with the total bid amount (usually in the form of a bank draft or a good-for-payment check), must be submitted in a sealed envelope before the deadline on Magh 2.
Conclusion
The open auction of 200,000 NIC Asia Bank promoter shares represents a rare and significant liquidity event in Nepal’s financial sector. With a minimum price of NPR 140 and an inclusive eligibility policy, it provides a transparent mechanism for significant capital deployment. As NIC Asia Bank continues to innovate and expand its footprint, these shares offer a compelling entry point for those looking to secure a long-term position in a top-tier financial institution. Investors are advised to complete their due diligence and consult with financial advisors to determine an appropriate bid price that reflects both the bank’s potential and their own investment objectives.
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