Global IME Laghubitta to accept bids for unsold right shares from today; 56,561 units ordinary shares to be auctioned

Global IME Laghubitta Bittiya Sanstha Limited (GILB) is auctioning the unsold right shares from its 100% right issue. The bids for the auction will be accepted from Ashwin 28, 2076 i.e. today till Kartik 05, 2076.

The microfinance company had issued 1,104,575 unit shares for its shareholders at par value of Rs.100. Out of which 56,561 units ordinary shares remained unsubscribed and is being auctioned now.

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

The minimum bid amount for the action has been set at Rs.100 per share. Interested applicants can apply for minimum 100 units and maximum 25,000 units.

The application forms can be obtained and submitted at Global IME Capital (Rastriya Nachghar), out-station branches of Global IME Bank and central office of GILB. The entire bid amount is to be deposited to Kumari Bank’s (Putalisadak) account number 0010017146000006 under the name Global IME Capital.

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.