The auctioned shares include 392,293 units of promoter shares and 190,451 units of ordinary shares. The company has appointed NIBL Ace Capital as the issue manager.
The interested investors can bid for the auctioned shares from NIBL Ace Capital, designated branches of Nepal Investment bank and Green Development Bank at Harishanker Road, Baglung till July 30.
The interested investors can bid for a minimum of 100 and a maximum of all shares at a minimum price of Rs 100.
Grameen Bikas Laghubitta Bittiya Sanstha issued 3,275,000 units of right shares at a ratio of 1:0.5 to its existing shareholders from May 10-June 13.
The company has current paid-up capital of Rs 655 million that will increase to Rs 982.5 million after the capitalization of the right share.