A total of 7.04 lakh rights shares are on auction through sealed bids.
Today, Shrawan 20, is the final day to submit bids for the unsold rights shares of Rapti Hydro and General Construction Limited, which are being auctioned through a sealed bidding process. The shares went unsold during the company’s earlier 1:1 rights offering, and are now being made available to interested investors via auction.
The company has put a total of 7,04,111 shares on auction, which includes 5,64,010 non-locked-in shares and 1,40,101 locked-in shares. The minimum bid price has been set at Rs. 100 per share, and investors must submit sealed bids quoting Rs. 100 or higher per unit.
While the minimum bid quantity is 100 shares, there is no upper limit on the number of shares an investor can apply for. The auction issue and sales manager is Muktinath Capital Limited.
Interested bidders can submit their applications at Muktinath Capital or at designated branches of Muktinath Bikas Bank located in:
- Thimi (Bhaktapur)
- Kumaripati (Lalitpur)
- Birtamode
- Biratnagar
- Birgunj
- Janakpur
- Hetauda
- Narayangadh
- Chipledhunga (Pokhara)
- Butwal
- Baglung
- Ghorahi (Dang)
- Nepalgunj
- Birendranagar
- Dhangadhi
- Mahendranagar
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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