The company is auctioning 10:5 right shares that went unsold during its issuance on july 14-august 3.
The company issued 8,221,459.7178 units of right shares at a face value of Rs 100. Out of them, only 6,884,717 units of shares were subscribed. Now the company is auctioning 1,336,742.7178 units of shares.
The auction will close on September 10.
The interested bidders can bid for a minimum of 100 and maximum of all units at a minimum price of Rs 100 per share.
The company has appointed Muktinath Capital as issue manager. The bidders can bid from the issue manager as well as Thimi-Bhaktapur, Kumaripati-Lalitpur, Itahari, Illam, Prithwichowk-Pokhara, Butwal, Biratnagar, Birjung, Narayangadh, Surkhet, Nepalgunj, Dhangadi and Janakpur branches of Muktinath Bikas Bank.
