Samata Microfinance allots 50% right shares to valid applicants; Remaining 16,568 units will be sold via auction soon

Samata Microfinance Bittiya Sanstha (SMATA) has allotted its 50% right shares to the valid applicants.

The microfinance company had issued 1,89,600 unit shares out of which 1,73,032 unit shares have been allotted to 5,967 valid applicants.

The remaining 16,568 units will be sold via auction in the near future.

NIBL Ace Capital had been assigned as the issue manager for the right issue.

It reported net profit of Rs 73.85 lakh in the fourth quarter of the FY 2074/75. Its LTP stands at Rs 1,111 as on Bhadra 26, 2075.