Last Day to bid for auctioned shares of Samata Finance

Sep 30, 2018 Merolagani

Today is the last day to apply for the auctioned shares of Samata Microfinance (SMATA). The company is auctioning 16,568 units of unclaimed right shares including 3,900 units of a promoter and 12,668 units of general right shares that went unsold during its issuance.

The interested bidders can bid for a minimum of 100 units of general shares and 1000 units of promoter shares at a minimum price of Rs 100 per unit.

Presently, the market price of the stock is at Rs 1303. The interested bidders can bid for the shares from NIBL Ace Capital at Lazimpat, Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar. Moreover, they can place their bid from Surkhet, Nepalgunj, Narayangadh and Dhangadhi branch of Nepal Investment Bank.

Presently, the company has a paid-up capital of Rs 37.9 million that will reach Rs 56.8 million after the right issue.

In the last FY, the company earned a net profit of Rs 7.3 million. The company has announced of distributing 10 percent stock and 11.05 percent cash dividend for the last FY. It has EPS of Rs 19.48.

 

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