The soon to be auctioned shares include 2,511 units of promoter and 144,591 units of ordinary shares.
The company issued 4,014,651.58 units of right shares to its existing shareholders at the ratio of 1:0.65 from March 5-April 8.
The company has appointed Global IME Capital as its issue manager. The interested bidders can bid for the shares for a minimum of 100 units of shares at a minimum price of Rs 100.
The interested investors can apply for the shares from Global IME Capital at Jamal-Kathmandu and branch office of Global IME Bank at Birtamod, Janakpur, Biratnagar, Hetauda, Narayangadh, Pokhara, Butwal, Birgunj, Baglung, Gorahi-Dang, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar.
The auction will close on June 2. After the right issue, the paid-up capital of the company will reach Rs 1.01 billion.
