Description
PC Jeweller Limited's 18,05,55,555 equity shares of Re. 1/- each issued at Rs. 18/- on preferential basis to Non-Promoters are listed and permitted to trade from December 5, 2025, with lock-in until June 8, 2026.
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 were allotted on September 18, 2025, at an issue price of Rs. 18/- per share (face value Re. 1/- with premium of Rs. 17/-). Trading will commence on December 5, 2025. All shares are subject to a lock-in period until June 8, 2026, and rank pari-passu with existing equity shares.
Key Points
- 18,05,55,555 equity shares of Re. 1/- face value issued on preferential basis
- Issue price: Rs. 18/- per share (including premium of Rs. 17/-)
- Allotted to Non-Promoters only
- Distinctive Numbers: 7068068151 to 7248623705
- ISIN: INE785M01021
- Shares rank pari-passu with existing equity shares
- Trading permitted from December 5, 2025
- Complete lock-in on all 18,05,55,555 shares until June 8, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
- Trading members must note the new securities are available for trading from December 5, 2025
- Lock-in restrictions apply: No transfer or sale permitted until June 8, 2026
- All shares rank pari-passu with existing equity shares of the company
- Trading systems should reflect the updated share capital and distinctive number range
Important Dates
- Allotment Date: September 18, 2025
- Trading Commencement: December 5, 2025
- Lock-in Period Ends: June 8, 2026
Impact Assessment
Market Impact: The listing of approximately 18.05 crore shares represents significant capital infusion through preferential allotment. The dilution impact on existing shareholders depends on the pre-issue share capital.
Liquidity Impact: While shares are listed from December 5, 2025, the complete lock-in until June 8, 2026 means these shares cannot be traded for approximately 6 months, limiting immediate liquidity impact.
Investor Consideration: Non-promoter allotment at Rs. 18/- per share indicates institutional or strategic investor participation. Investors should monitor the company’s utilization of funds and the potential supply pressure post lock-in expiry in June 2026.
Impact Justification
Significant preferential allotment of 18.05 crore equity shares to non-promoters representing capital raising activity. Medium impact due to lock-in period and dilution effect on existing shareholders.