Janautthan Samudayic right shares allotment: 93.58% shares get subscribed; remaining 18,503 units shares to be sold via auction soon
Sun, Aug 18, 2019 6:22 AM on Auction, Dividend, Bonus & Rights, Latest,
The 100% right share of Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSBBL) has been allotted to the applicants.
The microfinance company had issued 2,88,000 unit shares for its shareholders at par value of Rs 100. Out of the total units, 2,69,497 units shares got subscribed by right eligible applicants. Still 18,503 units got unsubscribed which is 6.42% of total issue.
The remaining right shares will be sold via auction soon.
Siddhartha Capital Limited has been appointed as the issue manager for the right issuance.
After the adjustment of the proposed 20% bonus shares and 100% right shares, the paid-up capital of the microfinance company will reach Rs 6.336 crore.
JSLBB has earned Rs 2.46 crore till the end of the fourth quarter of the fiscal year 2075/76.
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