16 investor’s allotted 4,768 units auctioned ordinary shares of Womi Microfinance; Cut-off price stood Rs 1,002

Womi Microfinance Bittiya Sanstha Limited (WOMI) had auctioned 4,768 units’ ordinary right shares to the general public from Kartik 28, 2073 to Mangsir 12, 2073. The bid was opened yesterday (Mangsir 13, 2073) at 3 PM. An official of Siddhartha Capital Limited managing the auction for Womi Microfinance informed that, the cut off price for 4,768 unit ordinary shares stood at Rs 1,002. The highest bid amount for the auction shares received was Rs 1,795. Only 65 applicants had submitted their bids for 4,768 unit ordinary shares and 16 of them got shares. Womi Microfinance has earned net profit of Rs 52.67 lakh in the first quarter of the fiscal year 2073/74 as per unaudited report. Its last traded price stood at Rs 1,319 as on November 28, 2016. Recently, Womi Microfinance has announced 5^thAnnual General Meeting (AGM) which is going to be held on Mangsir 30, 2073. The AGM will be endorsing 20 percent bonus share and 1.108 percent cash dividend for tax purpose to its shareholders.