The company is auctioning 16,859,050 units of promoter shares through bidding process from August 13.
The company is auctioning the unsold right shares to any interested individuals, companies or institutions.
The interested investors can bid for the shares from August 13 to 22. The minimum bidding price of the shares is Rs 100. The investors can bid for a minimum of 100 and maximum of all shares above the bidding price.
The company has appointed Global IME Capital as issue manager. the bidders can bid from issue manager as well as Global IME Bank’s branches at Shankhamool, Birtamod, Hanumandaaas Road, Janakpurdham, Aadarshanagar, Birgunj, Hetauda, Narayangadh, Newroad (Pokhara), Milanchowk (Butwal), Balungbazar, Tribhuwan Chowk (Nepalgunj), Birendranagar, Ghorahi, Dhangadhi and Mahendranagar.