Samata Microfinance Starts Auction of Unclaimed Right Shares

Sep 20, 2018 Merolagani

Samata Microfinance (SMATA) has started auctioning unclaimed right shares from today. 

The company is auctioning 16,568 units of unclaimed right shares including 3,900 units of promoter shares and 12,668 units of general shares to the general public that went unsold during its issuance. The auction will close on September 30.

The company has appointed NIBL Ace Capital as its issue manager.

The interested bidders can bid for a minimum 100 units of general and 1,000 units of promoter shares at a minimum price of Rs 100.

The bidders can submit their bid from NIBL Ace Capital at Lazimpat, Laldubar at Kathmandu, Lagankhel at Lalitpur, Chipledhunga at Pokhara, Trafficechowk at Butwal, Aadarshanagar at Birgunj and Golchachowk at Biratnagar.

Moreover, the bidders can bid from branch office of Nepal Investment Bank at Surkhet, Nepalgunj, Narayangadh and Dhangadhi.

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