The bank is auctioning 1,133,344.70 units of promoter and 707,394.93 units of ordinary shares that went unsold during its issuance.
The interested bidders can bid for a minimum of 100 and maximum of 100,000 units of shares at a minimum price of Rs 100.
The auction will open on September 27 and close on October 4. The interested investors can bid from Mega Captial and designated branches of Mega Bank.
The last traded price of the stock is Rs 228 on September 17.
