The company is auctioning 15,861 units of unsold promoter right shares and 121,154 units of unsold general right shares that went unclaimed during its issuance. The auction will close on September 12.
The interested bidders can bid for a minimum of 100 units of shares at a minimum price of Rs 100. The interested bidders can bid from the office of issue manager, Prabhu Capital and all the branches of Prabhu bank.
Presently, the company has a paid-up capital of Rs 688.4 million which will reach Rs 1.50 billion after the right issue.
In the last FY, the company earned a net profit of Rs 221.5 million and has maintained EPS of Rs 32.
