Description
5,00,000 equity shares of Arihant Capital Markets Ltd. listed on BSE with effect from December 10, 2025, issued on preferential basis to non-promoters at Rs. 87 per share.
Summary
BSE has approved the listing of 5,00,000 equity shares of Arihant Capital Markets Ltd. (Scrip Code: 511605) issued on a preferential basis to non-promoters. The shares are listed and permitted for trading on the Exchange with effect from Wednesday, December 10, 2025. The shares were issued at a premium of Rs. 86 per share (face value Re. 1) and rank pari-passu with existing equity shares.
Key Points
- Number of shares listed: 5,00,000 equity shares of Re. 1/- each
- Issue price: Rs. 87 per share (Re. 1 face value + Rs. 86 premium)
- Issued to: Non-Promoters on preferential basis
- Date of allotment: September 23, 2025
- Trading commencement date: December 10, 2025
- ISIN: INE420B01036
- Distinctive numbers: 104112801 to 104612800
- Scrip Code: 511605
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular. This is a routine listing notification for preferentially allotted shares.
Compliance Requirements
- Trading members are informed to note the listing of these new securities
- All 5,00,000 shares are subject to lock-in restrictions until June 25, 2026
- Lock-in applies to distinctive numbers 104112801 to 104612800
Important Dates
- Date of Allotment: September 23, 2025
- Listing and Trading Commencement: December 10, 2025
- Lock-in Period Expiry: June 25, 2026
- Circular Issue Date: December 9, 2025
Impact Assessment
Market Impact: Low. The preferential allotment represents a relatively small issuance of 5 lakh shares at Rs. 87 per share, totaling approximately Rs. 4.35 crores. This is a routine corporate action for capital raising.
Operational Impact: Minimal impact on trading members. The shares will be available for trading from December 10, 2025, but are subject to a lock-in period until June 25, 2026, which prevents immediate selloff by allottees.
Dilution: The extent of dilution to existing shareholders depends on the pre-issue capital base, but the absolute number of shares is modest for an established brokerage and capital markets firm.
Lock-in Consideration: All preferentially allotted shares are locked in for approximately 18 months from the allotment date, providing stability and preventing immediate selling pressure.
Impact Justification
Routine preferential allotment listing of 5 lakh shares representing minimal dilution for an established company, with standard lock-in period applicable to non-promoters.