United Ajod Auctions Unsubscribed Rights Shares, Open to All Investors
8th July 2026, Kathmandu
United Ajod Insurance Limited has officially announced the public auction of 63,847 unsubscribed rights shares.
United Ajod Auctions Unsubscribed Rights Shares
The available equity units belong to the internal founder shareholder category. The non-life insurance firm opened the bidding pool widely, allowing all categories of interested individual and corporate investors to participate in the acquisition process.
The insurance provider decided to re-auction this specific block of shares after recording zero applications from its existing promoter shareholders during the primary internal window. The initial bidding round took place from Jestha 29 to Asar 8, but left the stock units completely unsubscribed, prompting the board to shift toward an open competitive tender structure.
BIDDING TIMELINES AND REGULATORY COMPLIANCE CONDITIONS
Interested domestic individuals, organized firms, and public institutions can submit sealed price bids from Asar 25 until the close of banking hours on Shrawan 1, 2083. Applicants must specify the exact volume of founder units they wish to purchase alongside the premium price they are willing to pay per share.
Advertisement
The administrative board has set the minimum baseline bid rate at NPR 100 per share. To ensure serious institutional and retail interest, the corporation requires investors to apply for a minimum volume of 1,000 shares. Applications targeting larger quantities must be formatted strictly in multiples of 10 units or cover the entire available lot size.
DESIGNATED APPLICATION DISTRIBUTION AND COLLECTION POINTS
Prospective bidders can pick up and submit their formal sealed bid papers directly at the head office of LS Capital Limited, which serves as the official issue manager for the transaction. The merchant banking desk is located in the Kamalpokhari neighborhood of Kathmandu.
To make the capital accumulation process convenient for regional investors outside the capital valley, the company has arranged collection help desks at designated branches of Laxmi Sunrise Bank Limited. Bidders can source and drop off their sealed documentation packets at local bank counters situated along Hanumandas Road in Biratnagar, Adarshanagar in Birgunj, Bhanu Chowk in Janakpur, and Parijat Path in Hetauda.
Additional processing counters are fully operational at Bal Kumari Chowk in Narayanghat, New Road in Pokhara, Milan Chowk in Butwal, New Road in Nepalgunj, Birendra Chowk in Birendranagar, and Shahid Gate in Dhangadhi. The insurance firm stated that the auction structure presents an optimized market opportunity for both existing and new capital investors to capture foundational insurance equities through an open price discovery platform.
