Nexome Capital Markets Allots 19.2 Lakh Equity Shares Following Warrant Conversion
Nexome Capital Markets Ltd announced on April 20, 2026, that its warrant holders, comprising both Promoter and Non-Promoter categories, have successfully exercised their rights to convert existing warrants into fully paid-up equity shares.The conversion was executed following the payment of the balance 75% of the issue price of the warrants. The company confirmed that the warrant holders paid a total amount of Rs. 9,21,60,000 for 19,20,000 warrants.
With the exercise of these options, the Board of Directors of Nexome Capital Markets Ltd allotted 19,20,000 equity shares of the face value of Rs. 10 each.
Capital Structure Update
This conversion resulted in a significant increase in the company's capital structure. The Paid-up Equity Share Capital of the company now stands at Rs. 10,73,55,000/-, consisting of 1,07,35,500 fully paid-up Equity Shares of Rs. 10/- each.The newly allotted equity shares are reported to rank pari-passu with the company’s existing equity shares.
Details of Allotment
The allotment of 19,20,000 equity shares was spread across several allottees, categorized into Promoter and Public groups.The following table details the allotment specifics:
| Category | Allottee Name | Warrants Applied For (Nos.) | Equity Shares Allotted (Nos.) | Amount Received (Rs.) |
|---|---|---|---|---|
| Promoter Category (A) | Mr. Utsav Parekh | 3,88,000 | 3,88,000 | 1,86,24,000 |
| Public Category (B) | Panchganga Advisors Pvt Ltd | 3,85,000 | 3,85,000 | 1,84,80,000 |
| Monet Securities Pvt Ltd | 3,85,000 | 3,85,000 | 1,84,80,000 | |
| FORBES EMF | 3,82,000 | 3,82,000 | 1,83,36,000 | |
| Chivas Trading Pvt Ltd | 3,80,000 | 3,80,000 | 1,82,40,000 | |
| Total (A+B) | 19,20,000 | 19,20,000 | 9,21,60,000 |
Note: The amount received represents 75% of the issue price per warrant.
For context on the post-allotment shareholding, the following data was provided:
| Investor Name | Category | Pre-allotment Total Equity (No. of Shares) | Pre-allotment % | Post-allotment Total Equity (considering full conversion) | Post-allotment % |
|---|---|---|---|---|---|
| Utsav Parekh | Promoter | 1,44,300 | 1.64 | 5,32,300 | 4.96 |
| Panchganga Advisors Pvt. Ltd. | Non- Promoter | 0 | 0.00 | 3,85,000 | 3.59 |
| Monet Securities Pvt. Ltd. | Non- Promoter | 0 | 0.00 | 3,85,000 | 3.59 |
| Forbes EMF | Non- Promoter | 0 | 0.00 | 3,82,000 | 3.56 |
| Chivas Trading Pvt. Ltd. | Non- Promoter | 2,340 | 0.03 | 3,82,340 | 3.56 |
Stock Price Movement
As of 11:27, Nexome Capital Markets Ltd shares are ticking up, currently trading at ₹113.95, which is up 2.17% for the day. The stock has seen a wide intraday range, bouncing between a low of ₹110.00 and an intraday high of ₹115.90.Source:
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