Auction for Global IME Laghubitta's ordinary shares to open from Ashwin 28, 2076;Find where to submit your bid forms

Global IME Laghubitta Bittiya Sanstha Limited (GILB) is auctioning the unsold right shares from its 100% right issue. The auction will open from Ashwin 28, 2076 till Kartik 05, 2076.

The microfinance company had issued 11,04,575 unit shares for its shareholders at par value of Rs 100. Out of which 56,561 units ordinary shares got unsubscribed and is being auctioned now.

Laxmi Capital Market Limited has been appointed as the issue manager.

The interested individuals can submit their bid forms are the following locations:

-Global IME Capital, Rastriya Nachghar, Jamal, Kathamndu

-Global IME Bank's branches

1. Birtamod
2. Biratnagar
3. Janakpur
4. Birjung
5. Hetauda
6. Narayangadh
7. Pokhara
8. Butwal - Milanchowk
9. Baglung
10. Nepaljung - Tribhuvan Chowk
11. Surkhet
12. Ghorahi, Dang
13. Dhangadi
14. Mahendranagar

The minimum bid amount has been set at Rs 100, so the bid prices must equal to or higher than Rs 100 per unit. They can apply for a minimum of 100 units or a maximum 25, 000 units.

The applicants can attach a Good for payment cheque with the application form or can attach the voucher of cash deposited at the following account,

Bank's Name: Kumari Bank Limited, Putalisadak
Account name: Global IME Capital
Account number: 0010017146000006

The existing paid-up capital of company is Rs 11.04 crore and after the 100% right shares and auction issue, the paid-up capital will rise to Rs 22.08 crore.