Mirmire Laghubitta's auction for 9,753 unit shares to start from today; Capital to reach Rs 12.87 crore after adjustment

Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) will be selling its unsold 9,753 unit ordinary shares in an auction from Bhadra 26 i.e today. The interested bidders can place their bids till Ashoj 04, 2075.

The microfinance company has urged its shareholders to apply for a minimum 100 units. The minimum bid price has been as Rs 100 i.e. the bidders need to place their bids above Rs 100.

NIBL Ace Capital is the issue manager for the auction of the shares.

The bidders are urged to deposit their entire bid amount in A/C no. 0010010481500001 of Kumari Bank in the name of NIBL Ace Capital.

The application forms can be collected from the designated branches of NIBL Ace Capital and Mirmire Microfinance.

After the adjustment of 100% right shares, the paid-up capital will reach Rs 10.38 crore. And after the adjustment of the recently proposed 24% bonus shares, the capital will reach Rs 12.87 crore.