NMB Microfinance auctioning 30,844 units unclaimed right shares from Jestha 2; LTP at Rs 2,722

NMB Microfinance Bittiya Sanstha Limited (NMBMF) is going to auction its unclaimed 30,844 right shares from Jestha 2, 2074 at Rs 100 and above. The microfinance company is selling 15,870 units promoter shares and 14,974 units ordinary shares after the right shares issued on Mangsir 6, 2073 were not fully subscribed by its shareholders. The microfinance company had issued right shares in the ratio 1:1.2. Interested bidders can apply for a minimum of 100 units shares. The minimum bid amount is Rs 100 per share. NMB Capital Limited is the issue manager for the auction. Interested bidders can collect auction forms from NMB Capital, Nagpokhari, Naxal, Kathmandu and submit their bids before Jestha 8, 2074 by 3:00 PM. Bidders can deposit the amount in account number 00100100054010000003 maintained in the name of NMB Capital Limited – Issue Account at NMB Bank Limited. Bidders can also apply through a Good for Payment cheque. NMBMF has earned net profit of Rs 3.56 crore in the third quarter of the FY 2073/74. Its last traded price stood at Rs 2,722 as of Baisakh 14, 2074.