Nagbeli Laghubitta to auction unsubscribed 9,633 units shares at Rs 100 & above; LTP stood Rs 2,703

Nagbeli Laghubitta Bikas Bank Limited (NBBL) is auctioning its ordinary right shares and promoter right shares to general public from today (Mangsir 25, 2072). According to a notice published by the development bank today, it will be selling 8,97 units of ordinary right share and 8,766 units promoter right share after the rights shares issued on Ashwin 11 were not fully subscribed by the investors. It had offered right shares in the ratio of 4:1. The auction starts from today (Mangsir 25) and will last till Poush 3. Bidders must quote a minimum price of Rs 100 per unit, which means that the lowest bid amount must be more than Rs 100. NMB Capital Limited is the issue manager for this auction. The microfinance has urged the interested bidders to submit their bids by 1:00 PM till Poush 3 at the NMB Capital Limited located at Nagpokhari, Kathmandu. The investors applying for the auction can deposit the bid amount in the account number 00130600054010000147 of the NMB Capital Limited. . Nagbeli Laghubitta had earned net profit of Rs. 59.58 lakh in its first quarter of the current fiscal year 2072/73. The last trading price of NBBL stood at Rs 2703 as on December 10, 2015.