Global IME Laghubitta to issue 100% right shares from Shrawan 21; investors holding shares till Ashad 31 are eligible

Global IME Laghubitta Bittiya Sanstha Limited (GILB) will be selling 11,04,575 units right shares (1:1) ratio to its existing shareholders from Shrawan 21, 2076. The last day for this right issue is on Bhadra 23, 2076.

The book closure date for right share purpose was on Shrawan 1, 2076. Investors holding shares of the company till Ashad 31 will be eligible for right shares.

The micro finance company is  issuing right shares in the ratio of 1:1 or 100% at par value. The company will be issuing 11,04,575 units as right shares to raise a capital worth Rs 11.04 crore.

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 issue the paid up capital will rises to Rs 22.08 crore.

ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4+ (Pronounced as ICRA NP IPO Grade Four Plus) to the Rs 1,104,57,500. Rights Issue of Global IME Laghubitta Bittiya Sanstha Ltd.

The company had earns Rs 4.08 crore till Q3 for current fiscal year whereas its reserve and surplus stands at Rs 5.59 crore.

The last trading price of GILB is Rs 729 traded on July 18.

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