RSDC Laghubitta to auction unclaimed 1.95 lakh units shares at Rs 100 & above from Poush 11; LTP at Rs 1,300

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) will be auctioning its unclaimed 1,95,707 units right shares to the general public from Poush 11, 2074. As per the notice published by the microfinance company today, it is selling 93.027 units ordinary shares and 1,02,680 units promoter shares after the right shares issued from Ashwin 2 to Kartik 20, 2074 were not fully subscribed by its shareholders. It had floated 200% right shares. Around 8.48% of the total issue were unsubscired. The auction will last till Poush 18, 2074. Bidders must quote a minimum price of Rs 100 per unit, which means that the lowest bid amount must be more than Rs 100. Interested bidders must bid for a minimum of 100 units for ordinary shares and minimum of 1,000 unit for promoter shares and the shares applied for should be a multiple of 10. Only existing promoters can apply for promoter shares. NIBL Capital Markets Limited is the issue manager for this auction. The development bank has urged interested bidders to submit their bids within banking hour till Poush 18, 2074 at NIBL Capital Markets Limited, Lazimpat, Kathmandu or also in designated branches of RSDC and Nepal Investment Bank Limited (NIB). The investors applying for the auction can deposit the bid amount in the account number 0124524617235018 maintained in the name of NIBL Capital Markets Limited at Kumari Bank, Putalisadak. It had earned net profit of Rs 1.96 crore in the first quarter of the FY 2074/75. Its last traded price (LTP) stood at Rs 1,300 as of last trading day. Announcement: