The company has issued 100:10 right shares from April 9 to May 14. The company auctioning 63,847 units of promoter and 6,633 units of ordinary right shares to the general public.
The interested bidders can bid for the shares till June 22. The minimum price of the shares has been fixed at Rs 100. The interested bidders must apply for a minimum of 1,000 units for promoter and a minimum of 100 units from the ordinary shares. They can apply for maximum of all units divisible by 10.
The company has appointed Laxmi Sunrise Capital as issue manager. The bidders can bid for the shares from the office of issue manager as well as Biratnagar-Hanuman Das Road, Birgunj-Adarsha Nagar, Janakpur-Bhanuk Chowk, Hetauda-Parijan Path, Narayanghat-Balkumari Chowk, Pokhara-New Road, Butwal-Milan Chowk, Nepalgunj-New Road, Birendranagar-Birendra Chowk and Dhangadhi Shahid Gate branch of Laxmi Sunrise Bank.