The company issued 16,533,137 units of shares at a face value of Rs 100 amounting to Rs 1.65 billion. In the issue, the company allotted 15,337,203 units of shares to 110,561 valid applicants.
Applicants who failed to receive the right shares will be refunded from September 29.
Meanwhile, the company is auctioning 1,194,934 units of unsubscribed shares. The auction will open on October 4-11.
The minimum bidding price is Rs 100. Interested bidders can bid for a minimum of 100 and maximum of all shares.
The company has appointed Muktinath Capital as issue manager. The bidders can bid from Thimi-Bhaktapur, Kumaripati-Lalitpur, Birtamod, Biratnagar, Birgunj, Janakpur, Hetauda, Narayangadh, Chipledhunga-Pokhara, Baglung, Butwal, Ghorahi-Dang, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar branches of Muktinath Bikas Bank.
