Description

PC Jeweller Limited has listed 18,05,55,555 new equity shares of Re. 1/- each issued at a premium of Rs. 17/- to Non-Promoters on a preferential basis, effective December 5, 2025.

Summary

BSE has approved the listing of 18,05,55,555 new equity shares of PC Jeweller Limited (Scrip Code: 534809) issued on a preferential basis to Non-Promoters. The shares are issued at Re. 1/- face value with a premium of Rs. 17/- (total issue price Rs. 18/-) and will commence trading on December 5, 2025. These shares rank pari-passu with existing equity shares and are subject to a lock-in period until June 8, 2026.

Key Points

  • 18,05,55,555 new equity shares listed with face value of Re. 1/- each
  • Issue price: Rs. 18/- per share (Re. 1/- face value + Rs. 17/- premium)
  • Allotted to Non-Promoters on preferential basis
  • Date of allotment: September 18, 2025
  • Trading commencement: December 5, 2025
  • ISIN: INE785M01021
  • Distinctive Numbers: 7068068151 to 7248623705
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification for preferential allotment of equity shares.

Compliance Requirements

  • Trading members must note the listing of new securities effective December 5, 2025
  • All allotted shares are subject to mandatory lock-in provisions
  • Shares cannot be transferred or traded until lock-in expiry

Important Dates

  • Allotment Date: September 18, 2025
  • Trading Commencement: December 5, 2025
  • Lock-in Expiry: June 8, 2026 (all 18,05,55,555 shares)

Impact Assessment

Market Impact: The preferential allotment represents a significant equity dilution for PC Jeweller Limited. The lock-in period until June 8, 2026 ensures these shares remain illiquid for approximately 6 months, preventing immediate selling pressure. The allotment to Non-Promoters at Rs. 18/- per share indicates capital raising activity, which could be used for business expansion, debt reduction, or working capital requirements. Trading members and investors should factor in this increased share count when analyzing the company’s valuation metrics and potential future supply once the lock-in expires.

Impact Justification

Significant preferential allotment representing substantial equity dilution, but routine listing process with standard lock-in provisions