NADEP Laghubitta Starts Auction of Unsold Right Shares

Mar 03, 2019 Merolagani

NADEP Laghubitta Bittiya Sanstha (NADEP) has started auctioning unsold right shares from March 3. The company is auctioning 61,236 units of ordinary shares that went unsold during its issuance from December 9 to January 13.

The interested investors can bid for the shares from its issue manager Nabil Investment Banking at Naxal-Kathmandu, Nadep Laghubitta at Biratnagar, Pokhara and Butwal and branches of Nabil Bank at Aadarshanagar-Birgunj, Birendranagar-6-Surkhet, Karkando-Nepalgunj and Mainroad-Dhangadhi.

The interested bidders can bid for a minimum of 100 to maximum of all shares at a minimum price of Rs 100.

Presently, the company has a paid-up capital of Rs 160 million that will reach Rs 320 million after capitalization of the right issue.


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