Description
61,000 equity shares of Venus Pipes & Tubes Limited listed on BSE effective August 11, 2025, issued at premium to promoters through warrant conversion.
Summary
Venus Pipes & Tubes Limited (Scrip Code: 543528) has listed 61,000 new equity shares on BSE effective Monday, August 11, 2025. These shares were issued to promoters on a preferential basis at Rs. 1700 per share pursuant to conversion of warrants.
Key Points
- 61,000 equity shares of Rs. 10/- each issued at premium of Rs. 1690/-
- Issue price: Rs. 1700 per share
- Allotment date: June 19, 2025
- Trading commencement: August 11, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE0JA001018
- Distinctive numbers: 20431111 to 20492110
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period applicable until February 27, 2027
Important Dates
- Allotment Date: June 19, 2025
- Trading Start Date: August 11, 2025
- Lock-in Period Ends: February 27, 2027
Impact Assessment
Minimal market impact as this is a preferential allotment to promoters with shares under lock-in until 2027. Standard listing procedure with no immediate trading implications for retail investors.
Impact Justification
Standard preferential allotment to promoters with minimal market impact