The sealed bid auction runs from Saun 13 to Saun 20; minimum bid price set at Rs. 100 per share.
Rapti Hydro General Construction Limited has announced the auction of 7,04,111 units of unallocated rights shares, which began on Saun 13 and will continue until Saun 20. Among these, 5,64,010 shares have no lock-in period, while the remaining 1,40,101 shares were under a lock-in period until Saun 8, which has now ended.
The company has set a minimum bid price of Rs. 100 per share. Interested investors can submit sealed bids for a minimum of 100 shares (worth Rs. 10,000) and up to the total number of shares available in the auction.
Applications must be submitted in person at the office of the issue manager, Muktinath Capital Limited, located in Naxal, Kathmandu. Bid forms are also available at various branches of Muktinath Bikas Bank, including Thimi, Kumaripati, Birtamode, Biratnagar, Janakpur, Narayanghat, Chipledhunga, Baglung, Butwal, Ghorahi, Nepalgunj, Birendranagar, Dhangadhi, and Mahendranagar.
This auction is open to founding shareholders, general investors, companies, and institutional entities eligible to participate under existing regulations.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
