Tentative cut-off of auctioned promoter shares of Naya Nepal Laghubitta stands at Rs 110.10; Paid-up capital to reach Rs 8.40 crore after adjustment
Sun, Jan 13, 2019 1:04 PM on Auction, Latest, Stock Market,
Naya Nepal Laghubitta Bittiya Sanstha Limited (NNLB) had opened an auction for unsold 47,763 units promoter right shares.
NMB Capital Limited is the issue manager for the auction of the shares.
According to the officials of NMB Capital, the tentative cut-off stands at Rs 110.10. A total of 23 applications were received applying for a total of 47,763 units.
After the adjustment of the right shares and auction, the paid up capital of the microfinance will reach Rs 8.40 crore.
