Description
14,40,920 equity shares of Kingfa Science & Technology (India) Ltd issued on preferential basis to non-promoters will be listed and permitted to trade from October 20, 2025.
Summary
Kingfa Science & Technology (India) Ltd (Scrip Code: 524019) has listed 14,40,920 new equity shares issued on a preferential basis to non-promoters. These shares will be available for trading on BSE from Monday, October 20, 2025. The shares were allotted at a premium of Rs. 3,460/- per share (face value Rs. 10/-) and are subject to a lock-in period until April 25, 2026.
Key Points
- 14,40,920 equity shares of Rs. 10/- each issued at premium of Rs. 3,460/-
- Total issue price: Rs. 3,470/- per share
- Issued to non-promoters on preferential basis
- Distinctive numbers: 12233787 to 13674706
- Date of allotment: September 24, 2025
- Trading commencement: October 20, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE473D01015
Regulatory Changes
No regulatory changes. This is a standard listing notification following SEBI guidelines for preferential allotment.
Compliance Requirements
- Trading members must note the listing of new securities effective October 20, 2025
- Lock-in restrictions apply to all 14,40,920 shares until April 25, 2026
- Shares cannot be transferred or sold during the lock-in period
Important Dates
- Allotment Date: September 24, 2025
- Trading Commencement: October 20, 2025
- Lock-in Period Ends: April 25, 2026
Impact Assessment
Market Impact: Low. The preferential issue represents a capital raising exercise for the company. With lock-in restrictions in place until April 2026, there will be no immediate selling pressure from these shares. Trading members should update their records to reflect the increased share capital. The pari-passu ranking ensures equal rights with existing shareholders.
Impact Justification
Routine listing of preferential allotment with standard lock-in period. Limited market impact due to small issue size relative to typical market volumes.