Description
BSE lists 28,72,340 new equity shares of Jupiter Wagons Limited, issued at Rs. 470/- per share to Promoters on a preferential basis via warrant conversion. Trading commences February 26, 2026, with a lock-in period until September 2, 2027.
Summary
BSE has listed 28,72,340 new equity shares of Jupiter Wagons Limited (Scrip Code: 533272, ISIN: INE209L01016) effective February 26, 2026. These shares were issued to Promoters on a preferential basis at Rs. 470/- per share (face value Rs. 10/- + premium Rs. 460/-) pursuant to the conversion of warrants allotted on December 19, 2025.
Key Points
- Company: Jupiter Wagons Limited (Scrip Code: 533272)
- ISIN: INE209L01016
- Number of New Shares: 28,72,340 equity shares
- Issue Price: Rs. 470/- per share (face value Rs. 10/- + premium Rs. 460/-)
- Allotment Type: Preferential basis to Promoters via conversion of warrants
- Distribution Numbers: 465164885 to 468037224
- Pari-passu: New shares rank equally with existing equity shares
- Effective Trading Date: Thursday, February 26, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification pursuant to BSE’s listing obligations upon completion of a preferential allotment.
Compliance Requirements
- Trading members are notified that these securities are listed and permitted to trade from February 26, 2026.
- The allotted shares are subject to a mandatory lock-in and cannot be sold or transferred until September 2, 2027.
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | December 19, 2025 |
| Effective Trading Date | February 26, 2026 |
| Lock-in Expiry | September 2, 2027 |
Impact Assessment
The listing adds 28,72,340 shares to Jupiter Wagons Limited’s equity base, representing a preferential issuance to Promoters at Rs. 470/- per share. Since all newly listed shares are under a lock-in period until September 2, 2027, there is no immediate increase in free-float or selling pressure from this allotment. The warrant conversion signals promoter confidence at the Rs. 470/- price level. Market impact is expected to be neutral to marginally positive in the near term.
Impact Justification
Routine preferential allotment listing for a mid-cap company; new shares increase equity base but are under lock-in until 2027, limiting immediate market float impact.