Previously, the company auctioned 157,649 units of promoter and 341,543 units of general right shares from November 26 to December 3. However, a total of 157,649.60 units of promoter right shares were unsold during the first auction, thus, the company brought the shares to auction for the second time for the general public.
The bidders can bid for the shares from NMB Capital, issue manager of the company and all designated branches of NMB Bank. The minimum price for the bidding is Rs 100. The interested investors can bid for a minimum of 1000 to a maximum of all shares under NRB limit.
Presently, the company has a paid-up capital of Rs 302.4 million that will reach Rs 1.02 billion after the capitalization of the right shares.