Iware Supplychain Services Completes Preferential Allotment of 7,90,800 Shares; Capital Increased
Iware Supplychain Services Limited has completed the preferential allotment of equity shares, significantly increasing its paid-up capital. The company allotted a total of 7,90,800 equity shares against an issue price of Rs. 255/- per share, generating revenue of Rs. 20,16,54,000/-.The allotment was approved by the Board of Directors on June 05, 2026, following approval by shareholders at the Extraordinary General Meeting held on May 26, 2026. The total subscription consideration for these shares has been received from the proposed allottees through banking channels.
Key Details of the Allotment
The transaction details are as follows:| Particulars | Value |
|---|---|
| Equity Shares Allotted | 7,90,800 |
| Face Value per Share | Rs. 10/- |
| Issue Price per Share | Rs. 255/- |
| Premium per Share | Rs. 245/- |
| Total Aggregated Amount | Rs. 20,16,54,000/- |
The allotment involved 23 non-promoter investors who were allocated the shares, as detailed in the subscription outcome metrics.
Financial Impact and Capital Restructuring
Following this successful preferential allotment, iWare Supplychain Services Limited has seen an increase in its paid-up Equity Share Capital. The company's capital structure transitioned from a previous capital base to a higher amount corresponding to the newly issued shares.Prior to the allotment, the company’s paid-up Equity Share Capital was Rs. 10,71,60,000/-, divided into 1,07,16,000 equity shares of Rs. 10/- each. Post allotment, the capital stood at Rs. 11,50,68,000/-, which is divided into 1,15,06,800 equity shares of Rs. 10/- each.
A summary of the post-allotment subscription outcome reveals how various investors increased their shareholdings:
| Investor Category | Number of Equity Shares Issued (Present Issue) | Post Allotment Shareholding (%) |
|---|---|---|
| Vijay Kishanlal Kedia | 3,45,600 | 3.005 |
| Kedia Securities Private Limited | 3,45,600 | 3.005 |
| Basu Deo Gupta HUF (Previous holding: 36,000) | 15,000 | 0.42 |
| Girisha Maheshwari (Previous holding: 1,200) | 2,400 | 0.03 |
The company indicated that it will be seeking listing and trading approval for the newly allotted shares in due course.
IWARE Stock Price Movement
Shares of Iware Supplychain Services Limited are surging as of 2:02 PM, trading at ₹347 after gaining ₹16.50 or 4.99% during live market activity. The stock sees brisk transactional momentum with 6,600 shares traded so far today.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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