The company sold 1:0.35 right shares from August 27-September 17.
After being unsubscribed, the company is auctioning 82,123 units of promoter and 60,650 units of ordinary shares. The interested individual, company and institution can bid for the shares from October 16-30.
The minimum bidding price is Rs 100. The interested promoter share bidders can bid for a minimum of 1,000 while the ordinary share bidders can bid for a minimum of 100 units. There is no limit to the maximum biddable number of shares.
The company has appointed Muktinath Capital as issue manager. The bidders can bid from Multipurpose Finance as well as Bhaktapur, Lalitpur, Birtamod, Biratnagar, Birgunj, Janakpur, Hetauda, Narayangadh, Pokhara, Baglung, Butwal, Dang, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar branch of Mukinath Bikas Bank.
