Company opens bidding for unsubscribed right shares with minimum price of NPR 100 per share.
Rapti Hydro General Construction Limited is set to sell 7,40,111 unsubscribed right shares through a public auction. Of these, 5,64,010 shares are free from lock-in restrictions, while the remaining 1,40,101 shares are under lock-in, which will expire on Sawan 8.
The company has fixed the minimum bid price at NPR 100 per share. Interested bidders may submit sealed bids for a minimum of 100 shares (equivalent to NPR 10,000) up to the entire available quantity.
The application period will start from Sawan 13 and remain open until Sawan 20. Bidders can submit their sealed bids at the office of Muktinath Capital Limited, located in Naxal, Kathmandu. Additionally, application forms and bid submission facilities are available at several branches of Muktinath Development Bank, including Thimi, Kumaripati, Birtamod, Biratnagar, Janakpur, Narayangadh, Chipledhunga, Baglung, Butwal, Ghorahi, Nepalgunj, Birendranagar, Dhangadhi, and Mahendranagar.
The auction is open to founders, general public, companies, and organizations who wish to apply for the unsubscribed shares.
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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