Capfin India Ltd Approves Preferential Allotment of Equity Shares
Capfin India Ltd announced on April 14, 2026, that its Management Committee of the Board of Directors approved the preferential allotment of equity shares.The Board decision approved the allotment of 5,80,000 fully paid-up equity shares. Each share has a face value of Rs. 10 and was issued at an issue price of Rs. 32.88 per equity share. This allotment includes a premium of Rs. 22.88 per equity share, amounting to a total consideration of Rs. 1,90,70,400.
The preferential allotment was made for cash consideration to persons including individuals belonging to the promoter/promoter group. These allotted equity shares are stipulated to rank equally with all existing equity shares of the Company.
Preferential Allotment Details
The initial tranche of the preferential allotment involving 5,80,000 shares resulted in a total aggregation of Rs. 1,90,70,400.| Parameter | Details |
|---|---|
| Shares Allotted | 5,80,000 (Five Lakh Eighty Thousand) |
| Face Value Per Share | Rs. 10 |
| Issue Price Per Share | Rs. 32.88 |
| Premium Per Share | Rs. 22.88 |
| Aggregate Consideration | Rs. 1,90,70,400 |
Overall Issuance Structure
In a broader view, the overall issuance on a preferential basis encompasses 16,10,000 Equity Shares of the Company, with a face value of Rs. 10 each. The total potential consideration for this issuance stands at Rs. 5,29,36,800.The shares were allocated among four specific investors across promoter and non-promoter categories:
| Allottee Name | Category | Number of Shares Allotted |
|---|---|---|
| Abhishek Narbaria | Promoter | 2,05,000 |
| Umesh Kumar Sahay | Promoter | 2,05,000 |
| Magnifica Global Opportunities VCC - MGO High Conviction Fund Incorporated VCC Sub-Fund | Non-Promoter | 1,50,000 |
| Rakesh Kumar Dwivedi | Non-Promoter | 20,000 |
Stock Price Movement
On Monday, Capfin India Ltd shares settled at ₹128.95, recording a significant gain of 4.97% for the day. Throughout the session, the stock managed its movement within a relatively tight range, trading between a low of ₹128.90 and a high of ₹128.95.Source:
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