SEBON adds 100% right shares of Global IME Laghubitta in its pipeline; Company to raise Rs 11.04 crore from the issue

Tue, May 14, 2019 12:53 PM on Dividend, Bonus & Rights, Latest, Stock Market,
SEBON adds...

Global IME Laghubitta Bittiya Sanstha Limited (GILB)'s 100% right shares has been added to the Right pipeline of Securities Board of Nepal (SEBON). The company will be floating 11 lakh 4 thousand 575 unit shares worth Rs 11 crore 4 lakh 57 thousand 500.

Global IME Capital has been appointed as the issue manager for the issue.

According to the third quarter report of the company, GILB's paid up capital stands at Rs 11.04 crore with Rs 7.73 crore in call in advance account for its upcoming 100% right shares. The reserves of the company have increased to Rs 5.59 crore up from Rs 4.54 crore in the corresponding quarter of the previous year.