Description

15,81,747 equity shares of Hubtown Limited issued to Promoters on preferential basis pursuant to warrant conversion, listed and permitted to trade from October 13, 2025.

Summary

Hubtown Limited (Scrip Code: 532799) has listed 15,81,747 new equity shares on BSE effective October 13, 2025. These shares were issued to Promoters on a preferential basis at Rs. 220 per share (face value Rs. 10 + premium Rs. 210) pursuant to conversion of warrants. The allotment date was July 25, 2025, and all shares are subject to a lock-in period until May 30, 2027.

Key Points

  • 15,81,747 equity shares of Rs. 10 face value each issued on preferential basis
  • Issue price: Rs. 220 per share (including premium of Rs. 210)
  • Allotted to Promoters pursuant to warrant conversion
  • Allotment date: July 25, 2025
  • Trading commencement: October 13, 2025 (Monday)
  • ISIN: INE703H01016
  • Distinctive Numbers: 138136975 to 139718721
  • Shares rank pari-passu with existing equity shares
  • Complete lock-in of all shares until May 30, 2027

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for preferential allotment pursuant to warrant conversion.

Compliance Requirements

  • Trading members must note the new securities for trading from October 13, 2025
  • All 15,81,747 shares are locked-in and cannot be transferred until May 30, 2027
  • Shares carry same rights and rank pari-passu with existing equity shares

Important Dates

  • Allotment Date: July 25, 2025
  • Trading Commencement: October 13, 2025
  • Lock-in Expiry: May 30, 2027

Impact Assessment

Market Impact: Medium. The preferential allotment of 15.82 lakh shares to Promoters represents capital infusion into Hubtown Limited. The shares were issued at Rs. 220 per share, indicating promoter confidence. However, the complete lock-in until May 2027 ensures no immediate supply pressure on stock price.

Operational Impact: Positive for the company as it represents fundraising through warrant conversion. The funds raised (approximately Rs. 34.8 crores) can be utilized for business operations and growth.

Investor Impact: Neutral to positive. Promoter participation in preferential allotment typically signals confidence, but the dilution effect and locked-in nature means no immediate trading impact from these shares.

Impact Justification

Preferential allotment to promoters with 15.82 lakh shares, representing capital infusion. Locked-in until May 2027. Medium impact due to promoter participation and substantial lock-in period.