Hittco Tools Ltd Allots 4,45,000 Equity Shares in Preferential Issue; Trading Commences on June 8
Hittco Tools Ltd has completed the preferential allotment of equity shares, with the securities now being available for trading following approval from the exchange. The company allotted 4,45,000 Equity Shares under the preferred issue, which commenced trade operations on June 8, 2026.The issuance details concern the allocation of the shares to both Promoter and Non-Promoter shareholders on a preferential basis. Allotment includes distinctive numbers ranging from 6729148 to 7174147. The face value for these equity shares is ₹10 per share, while the issue price was set at ₹13.92 per share.
The total size of the issue amounted to ₹61,94,400.
Financial specifics of the preferential equity issue are as follows:
| Detail | Value |
|---|---|
| Number of Shares Allotted | 4,45,000 Equity Shares |
| Face Value Per Share | ₹10 |
| Issue Price Per Share | ₹13.92 |
| Total Issue Size | ₹61,94,400 |
| Distinctive Numbers Range | 6729148 to 7174147 |
Stock Price Movement
As of 10:14, Hittco Tools Ltd is ticking up, currently trading at ₹10.70, which reflects an impressive rise of +4.39%. The shares are completely locked into this price point as the intraday high and low stand identical at ₹10.70.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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