Description
SG MART LIMITED lists 1.36 crore new equity shares including preferential allotment and bonus shares with lock-in period until February 2026.
Summary
SG MART LIMITED (Scrip Code: 512329) has listed 1,36,18,000 new equity shares on BSE effective August 8, 2025. This includes 68,09,000 shares from preferential allotment through warrant conversion and an equal number of bonus shares in 1:1 ratio.
Key Points
- Total new shares listed: 1,36,18,000 equity shares of Re. 1/- each
- 68,09,000 shares issued at premium of Rs. 249/- to non-promoters via warrant conversion
- 68,09,000 bonus shares allotted in 1:1 ratio on the above shares
- Issue price: Rs. 250/- per share
- Date of allotment: May 26, 2025
- Trading commences: August 8, 2025
- ISIN: INE385F01024
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members informed of new securities listing
- Shares rank pari-passu with existing equity shares
- Lock-in restrictions apply to all new shares
Important Dates
- Allotment Date: May 26, 2025
- Trading Start Date: August 8, 2025
- Lock-in Period Ends: February 8, 2026
Impact Assessment
The listing represents significant equity dilution with 1.36 crore new shares entering the market. The 18-month lock-in period until February 2026 will restrict immediate trading of these shares, potentially affecting liquidity and price discovery in the near term.
Impact Justification
Significant equity dilution through preferential issue and bonus shares with extended lock-in period affecting shareholding pattern