Preliminary cut off of Swarojgar Laghubitta stands at Rs 492; 104 applications received bidding for 46 thousand units
Mon, Nov 26, 2018 4:39 PM on Auction, Latest, Stock Market,
Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) had auctioned 11,129.01 of unsold right shares. SLBBL had issued 1,224,978 units as 100% rights to its shareholders.
The issue manager of the auction is NMB Capital. According to the officials of NMB Capital, a total of 104 applications were received bidding for 46,634 unit shares. The preliminary cut off of the auction stands at Rs 492 and the auction is fully subscribed.
The LTP of the microfinance company stands at Rs. 549 per share. After the adjustment of 100% right shares and auction, the paid-up capital of the company will reach Rs 24.48 crore.
