iStreet Network Limited receives BSE trading approval for 4.51 crore equity shares allotted on preferential basis
iStreet Network Limited has secured trading approval from BSE Limited for 4,51,66,668 equity shares allotted on a preferential basis to both promoter and non-promoter categories. The shares, valued at Rs. 4 each with a premium of Rs. 2, will be listed and available for trading effective from April 29, 2026. The approval was communicated through letter LOD/PREF/SV/242/2026-2027 dated April 28, 2026, under Regulation 30 of SEBI regulations.

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istreet network has received trading approval from BSE Limited for 4,51,66,668 equity shares allotted on a preferential basis to promoter and non-promoter categories. The approval was conveyed through letter LOD/PREF/SV/242/2026-2027 dated April 28, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Trading Details
The approved equity shares carry a face value of Rs. 4 each and were issued at a premium of Rs. 2 per share. These shares bear distinctive numbers ranging from 21300001 to 66466668. BSE Limited has confirmed that the securities will be listed on the exchange effective from Wednesday, April 29, 2026.
Key Information
| Particulars | Details |
|---|---|
| Total equity shares approved | 4,51,66,668 |
| Face value per share | Rs. 4 |
| Premium per share | Rs. 2 |
| Distinctive number range | 21300001 to 66466668 |
| Trading commencement date | April 29, 2026 |
| BSE approval letter | LOD/PREF/SV/242/2026-2027 |
| BSE Notice reference | 20260428-15 |
The intimation was signed by Pratibha Ranka, Company Secretary and Compliance Officer of iStreet Network Limited. The BSE confirmation was issued by Deputy Vice President Janardhan Wagle and Deputy Manager Dhananjay Apte. The exchange has issued Notice No. 20260428-15 dated April 28, 2026, to trading members regarding the listing of these securities.
Historical Stock Returns for iStreet Network
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.98% | 0.0% | 0.0% | 0.0% | 0.0% | +2,692.35% |
What strategic initiatives will iStreet Network pursue with the capital raised from this Rs. 27.1 crore preferential allotment?
How might the dilution from 4.5 crore new shares impact existing shareholders' voting power and future dividend distributions?
Will the company consider additional fundraising rounds given the relatively low issue price of Rs. 6 per share?


































