Description
14,40,920 equity shares of Kingfa Science & Technology (India) Ltd issued on preferential basis to non-promoters are 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 of Rs. 10/- each issued at a premium of Rs. 3460/- on a preferential basis to non-promoters. These shares will be available for trading on BSE from Monday, October 20, 2025. The shares are subject to a lock-in period until April 25, 2026.
Key Points
- 14,40,920 equity shares of face value Rs. 10/- each listed
- Issue price: Rs. 3,470/- per share (Rs. 10/- face value + Rs. 3,460/- premium)
- Allotted to non-promoters on preferential basis
- Date of allotment: September 24, 2025
- Trading commencement: October 20, 2025
- Distinctive numbers: 12233787 to 13674706
- ISIN: INE473D01015
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in restrictions must be observed for all 14,40,920 shares until April 25, 2026
- New shares carry same rights and privileges as existing shares
Important Dates
- Allotment Date: September 24, 2025
- Trading Start Date: October 20, 2025
- Lock-in Expiry Date: April 25, 2026
- Notice Date: October 17, 2025
Impact Assessment
Market Impact: Low. This is a routine listing of preferential allotment shares for a single company. The issue size represents approximately Rs. 50 crores in value.
Operational Impact: Minimal. Trading members need to be aware of the new securities and associated lock-in restrictions when processing trades.
Liquidity Impact: The 6-month lock-in period means these shares will not be immediately available for trading in the market, limiting any immediate impact on stock liquidity or price discovery.
Impact Justification
Routine listing of preferential allotment shares affecting single company with 6-month lock-in period