Oneclick Logistics Acquires 60% Stake in Freight Manager, Completes Preferential Share Allotment
Oneclick Logistics India Limited has significantly bolstered its strategic presence by completing the acquisition of a 60% equity stake in Winners Freight Management India Private Limited. Concurrently, the company executed a preferential allotment of new shares, leading to a substantial increase in its issued and paid-up capital.The Board of Directors approved the acquisition of the 60% equity share capital of Winners Freight Management India Private Limited (WFMPL) and signed the necessary Share Purchase Agreement. This strategic move is aimed at strengthening Oneclick Logistics' presence within the logistics and freight management sector, enabling business consolidation and fostering operational synergies across both entities.
The acquisition was completed at a purchase consideration of INR 5.16 crores. WFMPL, which specializes in Freight Management Services and was incorporated on October 23, 2020, has demonstrated consistent performance.
Financial details regarding WFMPL include:
| Metric | FY 2023-24 (Audited) | FY 2024-25 (Audited) | FY 2025-26 (Unaudited) |
|---|---|---|---|
| Turnover (Rs. in Lakhs) | 842.14 | 1,071.65 | N/A |
| PAT (Rs. in Lakhs) | 27.31 | 40.12 | 53.20 |
Capital Infusion via Preferential Allotment
In tandem with the acquisition, Oneclick Logistics executed a preferential allotment of equity shares. The company allotted 1,33,000 Equity Shares, each having a face value of Rs. 10/- and issued at a price of Rs. 451/- per share. This issuance includes a premium of Rs. 441/- per share to the allottees.The allotment resulted in an aggregation of INR 5,99,83,000/- from these shares. Upon completion of this transaction, the issued, subscribed, and paid-up equity share capital of Oneclick Logistics increased to Rs. 6,84,47,230/, divided into 68,44,723 equity shares of Rs. 10/- face value each.
Promoter Holdings Update
The preferential allotment saw participation from two promoter entities. The transaction resulted in changes to the pre-issue shareholding percentages for the promoters:| Allottee Name | Pre-Issue Shares Held | Pre-Issue Percentage (%) | Allotted Shares | Post-Allotment Shares | Post-Allotment Percentage (%) |
|---|---|---|---|---|---|
| Rajan Shivram Mote (Promoter) | 4,22,470 | 6.29 | 66,500 | 4,88,970 | 7.14 |
| Mahesh Liladhar Bhanushali (Promoter) | 5,14,495 | 7.67 | 66,500 | 5,80,995 | 8.49 |
The acquisition of WFMPL is a related party transaction, as the shares were acquired from the promoters of the company. The company confirmed that the acquisition was conducted on an arm's length basis and has been reviewed by the Audit Committee and the Board of Directors.
OLIL Stock Price Movement
Shares of Oneclick Logistics India Limited today slipped by 1.96% in post-market trading, ultimately settling at ₹425. The stock finished near its intraday low after a trading volume of 2,000 shares was recorded.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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