Rapti Hydro to Auction Unclaimed Rights Shares via Sealed Bids
Rapti Hydro will auction over 700,000 unclaimed rights shares through sealed bids from July 28 to August 4.
Rapti Hydro and General Construction Ltd. (RHGCL) has announced the auction of unsold rights shares through a sealed bid process. The rights shares, originally issued in a 1:1 ratio, remained unsubscribed during the initial offering period.
The company is now auctioning a total of 704,111 shares, comprising 564,010 shares from the general category (not under lock-in) and 140,101 shares under lock-in restrictions.
The sealed bidding will be open from July 28 to August 4, 2025 (Shrawan 13–20). The minimum bid price has been set at NPR 100 per share, and investors must quote at or above this price. Bidders are required to apply for a minimum of 100 shares, while no upper limit has been imposed.
Muktinath Capital Ltd. is managing the issue and auction process. Interested investors can submit their sealed bids at the offices of Muktinath Capital or designated branches of Muktinath Bikas Bank located across major cities, including Bhaktapur, Lalitpur, Birtamod, Biratnagar, Birgunj, Janakpur, Hetauda, Narayangadh, Pokhara, Butwal, Baglung, Dang, Nepalgunj, Surkhet, Dhangadhi, and Mahendranagar.
This auction offers an opportunity for investors to acquire additional shares of a hydropower firm at potentially competitive pricing, ahead of NEPSE’s renewed hydropower sector momentum.