Nagbeli Laghubitta 25% right share ending today; LTP stood at Rs 1968

Existing shareholders have one more day to file for the 4: 1(25%) ratio right shares of Nagbeli Laghubitta Bikas Bank Limited (NBBL). The microfinance has been issuing right shares from Ashwin 11, 2072 and today is the closing day for the same. The company has offered right shares at face value of Rs 100 at the ratio of 4:1 (25%) for its existing shareholders. NBBL’s 5th AGM held on Poush 30, 2071 had endorsed 4:1 right shares. NMB Capital Limited is the issue manager of this issue. The company has a paid up capital of Rs 2 crore and after adjusting right shares the paid up capital will rise to Rs 2.50 crore. NBBL has posted net profit of Rs.1.76 crore in the 4th quarter of the fiscal year 2071/72. Its EPS Stands at Rs 88.19 and net worth per share at Rs 206.64. Its last trading price stands at Rs 1968 as on October 18, 2015.