Description
BSE approves listing of 25.58 crore preferential equity shares of Shah Metacorp Limited at Rs. 4.71 per share, with lock-in periods until June 2026 and 2027.
Summary
BSE has approved the listing of 25,58,32,190 equity shares of Shah Metacorp Limited (Scrip Code: 533275) issued on preferential basis to promoters and non-promoters. The shares are listed and permitted to trade from December 30, 2025. The issue price is Rs. 4.71 per share (Rs. 1 face value + Rs. 3.71 premium), and shares rank pari-passu with existing equity shares.
Key Points
- Total shares listed: 25,58,32,190 equity shares of Rs. 1/- each
- Issue price: Rs. 4.71 per share (Rs. 1 face value + Rs. 3.71 premium)
- Allotment made to promoters and non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Trading commences: December 30, 2025
- ISIN: INE482J01021
- Scrip Code: 533275
Allotment Schedule
| Date of Allotment | Number of Shares | Distinctive Numbers |
|---|---|---|
| 26/06/2025 | 1,11,00,000 | 629378677 to 640478676 |
| 28/06/2025 | 1,01,00,000 | 640478677 to 650578676 |
| 30/06/2025 | 92,00,000 | 650578677 to 659778676 |
| 02/07/2025 | 78,00,000 | 659778677 to 667578676 |
| 03/07/2025 | 1,15,00,000 | 667578677 to 679078676 |
| 04/07/2025 | 19,98,32,190 | 679078677 to 878910866 |
| 05/07/2025 | 63,00,000 | 878910867 to 885210866 |
Lock-in Details
- 3,91,78,350 shares (Distinctive Numbers: 629378677 to 668557026): Locked-in until June 30, 2027
- 21,66,53,840 shares (Distinctive Numbers: 668557027 to 885210866): Locked-in until June 30, 2026
Compliance Requirements
- Trading members are informed to take note of the new securities listing
- Lock-in restrictions must be enforced as per the specified dates
- Shares are subject to lock-in provisions under applicable SEBI regulations for preferential allotments
Important Dates
- Notice Date: December 29, 2025
- Trading Commencement: December 30, 2025
- First Allotment Date: June 26, 2025
- Final Allotment Date: July 5, 2025
- Lock-in Expiry (Partial): June 30, 2026 (21.67 crore shares)
- Lock-in Expiry (Full): June 30, 2027 (3.92 crore shares)
Impact Assessment
Market Impact: The preferential allotment of 25.58 crore shares represents a substantial increase in the equity base of Shah Metacorp Limited. This significant dilution may impact existing shareholders’ ownership percentages and could affect stock price dynamics upon trading commencement.
Liquidity Impact: The extended lock-in periods (until 2026 and 2027) mean that the majority of these newly issued shares will not be available for trading in the near term, limiting immediate supply in the market.
Investor Consideration: The preferential allotment to both promoters and non-promoters at Rs. 4.71 per share indicates confidence in the company’s prospects. The lock-in commitments suggest long-term strategic investment rather than short-term trading interest.
Impact Justification
Large preferential issue of 25.58 crore shares representing significant equity dilution, with substantial lock-in indicating long-term commitment from promoters and non-promoters.