Lokesh Machines lists 13 lakh shares via preferential issue

1 min read     Updated on 01 Jul 2026, 02:05 AM
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Riya DScanX News Team
AI Summary

Lokesh Machines Limited listed 13,00,000 equity shares on NSE and BSE on July 01, 2026, following a preferential allotment to non-promoters. Issued at ₹181.71 per share, the shares include a lock-in period ending in December 2026 for various tranches.

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Lokesh Machines Limited has secured trading approval for 13,00,000 equity shares allotted to non-promoters through a preferential issue. The shares, issued at a premium of ₹171.71 per share, were listed and admitted to dealings on the National Stock Exchange of India (NSE) and BSE Limited effective July 01, 2026. The allotment enhances the company's equity base, with shares ranking pari-passu with existing equity shares.

The preferential issue comprised equity shares of ₹10 each, with a total issue price of ₹181.71 per share. The securities were allotted on May 06, 2026, and carry distinctive numbers ranging from 19996771 to 21296770. The listing approval was granted by both exchanges on June 30, 2026, facilitating trading commencement the following day.

Lock-in Details

A portion of the newly issued shares is subject to a lock-in period to ensure stability and regulatory compliance. The lock-in schedule varies for different tranches of the allotment, as detailed below:

No. of Shares Distinctive Numbers Lock-in Upto
6,00,000 19996771 to 20596770 30-Dec-2026
7,00,000 20596771 to 21296770 31-Dec-2026

Regulatory Compliance

The company confirmed that all critical price-sensitive information and submissions required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be provided through the NSE Electronic Application Processing System (NEAPS). This online filing facility ensures efficient processing of compliance-related submissions.

The ISIN for the newly listed securities is INE397H01017. The shares are trading under the symbol 'LOKESH MACH' on the NSE and carry the scrip code 532740 on the BSE. The company's compliance officer, P. Kodanda Rami Reddy, oversaw the regulatory filings and communication with the exchanges.

Historical Stock Returns for Lokesh Machines

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+10.14%+24.59%+77.23%+52.01%+671.85%

How does the company plan to utilize the capital raised from this preferential issue?

What impact will the unlocking of 13 lakh shares in December 2026 have on the stock's liquidity and price?

Will this expanded equity base lead to a revision in the company's future dividend payout policy?

Lokesh Machines secures listing approval for 13 lakh shares

1 min read     Updated on 20 Jun 2026, 12:45 AM
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Anirudha BScanX News Team
AI Summary

Lokesh Machines Limited received listing approval from BSE and NSE for 13,00,000 equity shares allotted to non-promoters on a preferential basis, increasing its listed capital to ₹21,29,67,700. The shares, issued at a premium of ₹171.71 per share, were approved on June 19, 2026, subject to compliance with SEBI regulations and depository confirmations.

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Lokesh Machines Limited has secured listing approval from BSE Limited and National Stock Exchange of India Limited for 13,00,000 equity shares issued to non-promoters on a preferential basis. The approval, granted on June 19, 2026, allows the shares to be formally listed and traded, increasing the company's listed capital to ₹21,29,67,700. The shares carry a face value of ₹10 each and were issued at a premium of ₹171.71 per share.

The exchanges issued the approval in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE referenced letter number LOD/PREF/AP/FIP/419/2026-27, while NSE cited reference number NSE/LIST/55373. The shares bear distinctive numbers ranging from 19996771 to 21296770.

Key Details of the Preferential Issue

The disclosure regarding the regulatory approval outlined the specifics of the preferential allotment and its impact on the company's capital structure.

Particulars Details
Regulatory Authority National Stock Exchange of India Limited (NSE) & BSE Limited (BSE)
Approval Details Listing approval granted for 13,00,000 Equity shares of ₹10/- each allotted under Preferential issue.
Impact on Listed Capital The listed capital of the Company would become ₹21,29,67,700 (2,12,96,770 fully paid equity shares of ₹10/- each).
Validity Period As per the relevant applicable Provisions.

Compliance and Trading Conditions

BSE stipulated that the company must ensure compliance with Regulation 167 of the SEBI (ICDR) Regulations. Additionally, the company is required to file the shareholding pattern in XBRL mode if there is a change exceeding two per cent of the total paid-up share capital, as per Regulation 31(1)(c) of SEBI LODR Regulations, 2015.

Trading approval for the shares will be granted only after the company submits confirmation letters from NSDL and CDSL regarding the crediting of shares to beneficiary accounts and the lock-in of pre-preferential holding, if applicable. The company must also submit the listing approval from the other exchange. Under SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094, the company is required to apply for trading approval within seven working days from the date of listing approval to avoid penalties.

Historical Stock Returns for Lokesh Machines

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+10.14%+24.59%+77.23%+52.01%+671.85%

How will the influx of capital from the preferential issue be allocated to drive future growth?

What impact will the dilution of equity have on existing shareholders' earnings per share?

Who are the primary non-promoter investors participating in this preferential allotment?

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