Last day to bid for auctioned shares of Unnati Microfinance

May 16, 2019 Merolagani

Today is the last day to bid for auctioned shares of Unnati Microfinance (UMB). The company is auctioning 8,895 units of unsold right shares that went unsold during its issuance.

The company is auctioning 278 promoter and 7,617 units of general right shares. The interested bidders can bid for minimum of 100 units of shares at a minimum price of Rs 100.

The company has appointed Siddhartha Capital as its issue manager. After capitalization of the right issue, the paid-up capital will reach Rs 88.2 million.


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