Nine ALPS Trust acquires 6.52% stake in Roopa Screen

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Nine ALPS Trust acquired 7,22,000 shares of Roopa Screen Ltd
  • Stake acquired represents 6.52% of total share capital
  • Acquisition mode included IPO allotment and secondary market purchase
  • Post-acquisition holding rose from nil to 6.52%
  • Total share capital increased to 1,10,67,500 shares after IPO
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Roopa Screen Limited disclosed that Nine ALPS Trust acquired a 6.52% equity stake in the company through allotment in its IPO and secondary market purchases. The transaction involved the acquisition of 7,22,000 shares, marking the acquirer's initial holding in the SME-listed entity.

The disclosure was filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The date of acquisition and receipt of intimation for the allotment was October 1, 2026. Prior to this transaction, the acquirer and persons acting in concert held no shares or voting rights in the company.

Acquisition Details

The acquirer, Nine ALPS Trust- Nine ALPS Opportunity Fund, is managed by Nine ALPS Corporate Advisors LLP. The entity does not belong to the promoter or promoter group category. The acquisition was executed through two modes: allotment in the IPO under the Anchor and QIB categories, and subsequent purchases in the secondary market.

Metric Details
Shares Acquired 7,22,000
Percentage Holding 6.52%
Mode of Acquisition IPO Allotment (Anchor & QIB) and Secondary Market Purchase
Date of Acquisition October 1, 2026
Pre-acquisition Holding Nil
Post-acquisition Holding 7,22,000 shares (6.52%)

Capital Structure Changes

The company’s equity share capital increased following the IPO allotment. Before the acquisition, the total voting capital stood at ₹8,06,75,000 divided into 80,67,500 equity shares of ₹10 each. After the acquisition, the capital structure expanded to ₹11,06,75,000 divided into 1,10,67,500 equity shares of ₹10 each.

What the Numbers Show

The acquisition represents a significant entry by an institutional investor into Roopa Screen’s shareholding pattern immediately following its listing. The jump from nil holdings to a 6.52% stake indicates strong initial institutional interest, particularly given the dual channel of acquisition via both primary (IPO) and secondary markets. The dilution of existing shareholders' percentage ownership is implicit in the increase of total outstanding shares from 80,67,500 to 1,10,67,500.

Historical Stock Returns for Roopa Screen

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%+71.48%+71.48%+71.48%+71.48%+71.48%

Will Nine ALPS Trust increase its stake in Roopa Screen beyond the current 6.52% threshold, potentially triggering further regulatory disclosures?

How will the 37% increase in outstanding shares from the IPO dilution impact Roopa Screen's earnings per share and valuation multiples in the coming quarters?

What specific strategic synergies or operational improvements does Nine ALPS Corporate Advisors LLP envision for Roopa Screen following this institutional entry?

1 Year Returns:+71.48%