Muktinath Bikas bank to auction 4.03 lakh units right shares from Mangsir 8 to 15, 2076; Minimum bid quantity and price at 100

Mon, Nov 18, 2019 11:40 AM on Auction, Latest, Stock Market,

Muktinath Bikas Bank (MNBBL) had issued 20% right shares to its shareholders. The bank is auctioning the unsold right shares from Mangsir 08, 2076 till Mangsir 15, 2076. The company is issuing:

Promoter shares: 1,02,516.32 units
Ordinary shares: 3,00,703.93 units
Total: 4,03,220.25 units

The minimum bid amount has been set at Rs 100, so the bids should be equal to or above Rs 100. Similarly, applicants can bid for a minimum of 100 units and no limit has been set for maximum units. The applicant can attach a good for payment cheque with the bid application or can attach a voucher by depositing the amount. The amount can be deposited at the following account:

Bank name: Muktinath Bikas Bank
Account name: Muktinath Capital
Account number: 03510200406532000001

The bid applications can be submitted in the following locations:

  • Muktinath Capital Limited, Trade Tower, Thapathali, Kathmandu
  • Branches of Muktinath Bikas Bank outside valley: Prithvi Chowk, Pokhara, Nepaljung, Dhangadi, Surkhet, Biratnagar, and Janakpur.

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