The company started auctioning 1:0.5 right shares to its existing shareholders from March 1 in which 1,135,657 units were unsubscribed. The company is now auctioning the unsold right shares to all interested individuals, companies, and institutions.
The minimum bid price for a unit of share is Rs 100. Interested bidders can bid for a minimum of 100 and maximum of all shares.
The company has appointed Muktinath Capital as issue manager. The bidders can bid through the issue manager as well as Thimi-Bhaktapur, Kumaripati-Lalitpur, Birtamod, Biratnagar, Birgunj, Janakpur, Hetauda, Narayangadh, Chipledhunga-Pokhara, Baglung, Butwal, Ghorahi-Dang, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar branches of Muktinath Bikas Bank.
