Grameen Bikas Laghubitta right shares allotment: 82.21% shares get subscribed; remaining 5,82,844 units shares to be sold via auction soon
Tue, Jul 16, 2019 9:23 AM on Auction, Dividend, Bonus & Rights, Latest, Share Allotment,
The 50% right share of Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has been allotted to the applicants.
The microfinance company had issued 32,75,000 unit shares for its shareholders at par value of Rs 100. Out of the total units, 26,92,156 units shares got subscribed by 50,287 eligible applicants. Still 5,82,844 units got unsubscribed which is 17.79% of total issue.
The remaining right shares will be sold via auction soon.
NIBL Ace Capital Limited was appointed as the issue manager.
The existing paid up capital of company is Rs 65.50 crore and after the 50% right shares and auction of remaining right shares, the paid up capital will rises to Rs 98.25 crore.
