Description

1,20,000 equity shares of Venus Pipes & Tubes Limited issued at Rs. 1700/- per share to Non-Promoters on preferential basis pursuant to warrant conversion, listed with effect from January 8, 2026.

Summary

Venus Pipes & Tubes Limited (Scrip Code: 543528) is listing 1,20,000 new equity shares of Rs. 10/- each issued at a premium of Rs. 1690/- to Non-Promoters on a preferential basis pursuant to warrant conversion. These shares will be listed and permitted to trade on BSE with effect from Thursday, January 8, 2026. The shares rank pari-passu with existing equity shares and are subject to lock-in requirements.

Key Points

  • 1,20,000 equity shares of face value Rs. 10/- each listed
  • Issue price: Rs. 1700/- per share (Rs. 10/- face value + Rs. 1690/- premium)
  • Allotted to Non-Promoters on preferential basis pursuant to warrant conversion
  • Distinctive Numbers: 20596111 to 20716110
  • Date of Allotment: October 7, 2025
  • ISIN: INE0JA001018
  • Shares rank pari-passu with existing equity shares
  • All 1,20,000 shares subject to lock-in

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities.

Compliance Requirements

Trading members must note:

  • New securities of Venus Pipes & Tubes Limited (Scrip Code: 543528) are available for trading from January 8, 2026
  • Lock-in restrictions apply to all 1,20,000 shares until July 31, 2026
  • Trading systems should reflect updated share capital and distinctive number ranges

Important Dates

  • Allotment Date: October 7, 2025
  • Trading Commencement Date: January 8, 2026
  • Lock-in Expiry Date: July 31, 2026

Impact Assessment

Market Impact: Low - This is a relatively small preferential allotment representing minimal dilution to existing shareholders. The issue of 1,20,000 shares at Rs. 1700/- per share represents approximately Rs. 20.4 crores in capital raised.

Operational Impact: Minimal - Trading members should update their systems to reflect the new distinctive number range and lock-in restrictions. The lock-in period extending until July 31, 2026 ensures these shares cannot be traded freely for approximately 7 months from the listing date.

Liquidity Impact: Negligible in the short term due to lock-in provisions; post lock-in expiry, the additional shares may provide marginal improvement to trading liquidity.

Impact Justification

Routine listing of preferential shares from warrant conversion affecting single company with moderate share count and standard lock-in provisions.