10 investors allotted 2,533 units auctioned ordinary shares of Mithila Laghubitta; Cut-off price stood Rs 708.01

Mithila Laghubitta Bikas Bank Limited (MLBBL) had auctioned 2,533 units’ ordinary right shares to the general public from Kartik 25, 2073 to Mangsir 9, 2073. The bid was opened today (Mangsir 10, 2073) at 12 AM. An official of Civil Capital Limited managing the auction for Mithila Laghubitta informed that, the cut off price for 2,533 unit ordinary shares stood at Rs 708.01. The highest bid amount for the auction shares received was Rs 1520. Only 23 applicants had submitted their bids for 2,553 unit ordinary shares and 10 of them got shares. Mithila Laghubitta has earned net profit of Rs 9.88 lakh in the first quarter of the current fiscal year 2073/74 as per unaudited report. Its last traded price stood at Rs 1530 as on September 21, 2016.