The company is auctioning 84,598 units of promoter and 77,140 units of ordinary shares that went unsold during its issuance.
Previously, the company issued 1,213,440 units of right shares at a ratio of 1:2 to its existing shareholders from October 13-November 17.
The interested bidders can bid from NIBL Ace Capital and designated branches of Nepal Investment Bank as well as Green Development Bank.
The bidders can bid for a minimum of 10 units of ordinary and 5,000 units of promoter shares at a minimum price of Rs 100.
Presently, the company has a paid-up capital of Rs 60.6 million that will reach Rs 182 million after the capitalization of the right shares.