According to Global IME Capital, issue manager of the company, the cut of price of the auction has been set at Rs 641.
A total of 214 bidders bid for the shares from the price range of Rs 100-Rs 685. Out of them, Manjushree Finance bid for 25,000 units of shares at a price of Rs 685 totaling Rs 17.1 million.
Previously, Global IME Laghubitta issued 100 percent i.e. 1,104,575 units of right shares from August 6-September 9.
After the capitalization of the right issue, the paid-up capital of the company has reached Rs 220.91 million.
