Description
14,40,920 equity shares of Kingfa Science & Technology (India) Ltd issued at premium on preferential basis listed on BSE with effect from October 20, 2025.
Summary
BSE has announced the listing and commencement of trading of 14,40,920 new equity shares of Kingfa Science & Technology (India) Ltd (Scrip Code: 524019) with effect from Monday, October 20, 2025. The shares were issued to non-promoters on a preferential basis at Rs. 3470/- per share (face value Rs. 10/- plus premium of Rs. 3460/-) 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. 3460/- per share
- Total issue price: Rs. 3470/- per share
- Issued to non-promoters on preferential basis
- Shares ranking pari-passu with existing equity shares
- ISIN: INE473D01015
- Distinctive Numbers: 12233787 to 13674706
- Date of allotment: September 24, 2025
- Trading commencement date: October 20, 2025
Regulatory Changes
No regulatory changes. This is a standard listing notification for preferential allotment.
Compliance Requirements
Trading members are informed to note the listing of these new securities for trading purposes.
Important Dates
- Allotment Date: September 24, 2025
- Trading Commencement: October 20, 2025
- Lock-in Expiry: April 25, 2026
Impact Assessment
Limited market impact. This is a routine preferential allotment to non-promoters representing additional equity shares being listed. The shares carry a 6-month lock-in period from allotment date, preventing immediate selling pressure. The issue increases the total equity base of Kingfa Science & Technology (India) Ltd.
Impact Justification
Routine listing notification for preferential allotment to non-promoters with standard lock-in period