Description
BSE announces listing of 79,17,936 new equity shares of Jaykay Enterprises Limited issued on preferential basis at Rs. 142/- per share.
Summary
BSE has announced the listing of 79,17,936 new equity shares of Jaykay Enterprises Limited (Scrip Code: 500306) issued on preferential basis. The shares are permitted to trade from September 10, 2025, with lock-in restrictions applicable to most shares.
Key Points
- 79,17,936 equity shares of Re. 1/- each issued at premium of Rs. 141/-
- Issue price: Rs. 142/- per share
- Allotment date: July 28, 2025
- Trading commencement: September 10, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE903A01025
Lock-in Details
- 78,93,829 shares (Dist. Nos. 122369131 to 130262959): Lock-in until March 15, 2027
- 24,107 shares (Dist. Nos. 130262960 to 130287066): Lock-in until March 15, 2026
Important Dates
- Allotment Date: July 28, 2025
- Trading Start Date: September 10, 2025
- Lock-in Expiry: March 15, 2026 (partial) and March 15, 2027 (majority)
Impact Assessment
The preferential issue significantly increases Jaykay Enterprises’ share capital. The majority of shares have extended lock-in periods until 2027, which will limit immediate trading volume but provides stability. The issue was priced at a substantial premium, indicating investor confidence in the company’s prospects.
Impact Justification
Standard new securities listing with significant share count but routine preferential allotment