Global IME Laghubitta right shares allotment: 94.88% shares get subscribed; remaining 56,561 units shares to be sold via auction soon

Mon, Sep 23, 2019 7:45 AM on Auction, Dividend, Bonus & Rights, Latest,

The 100% right share of Global IME Laghubitta Bittiya Sanstha Limited (GILB) has been allotted to the applicants.

The microfinance company had issued 11,04,575 unit shares for its shareholders at par value of Rs 100. Out of the total units, 10,48,014 units shares got subscribed by 10,233 eligible applicants. Still 56,561 units got unsubscribed which is 5.12% of total issue.

The remaining right shares will be sold via auction soon.

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

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 rises to Rs 22.08 crore.