Viji Finance receives trading approval from BSE and NSE for 1 crore shares

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Viji Finance Limited received trading approvals from BSE and NSE for 1 crore equity shares
  • Shares issued at ₹2.80 each (₹1 face value plus ₹1.80 premium) to non-promoters
  • Trading commences on October 16, 2026, across both exchanges
  • All 1 crore shares are subject to a lock-in period until April 18, 2027
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Viji Finance Limited has received trading approvals from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) for 1 crore equity shares issued on a preferential basis. The newly listed securities will commence trading on both exchanges effective October 16, 2026.

The approval pertains to equity shares with a face value of ₹1 each, issued at a premium of ₹1.80 per share. These shares were allotted to non-promoters following the conversion of warrants. The distinctive numbers for these securities range from 221000001 to 231000000.

Regulatory Compliance and Listing Details

The company filed the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows an earlier disclosure dated October 9, 2026, regarding the receipt of listing approval for the same block of shares.

The specific reference numbers for the trading approvals are:

  • BSE Limited: Letter No. LOD/PREF/VJ/186/2026-27 dated October 15, 2026
  • NSE Limited: Letter No. NSE/LIST/58009 dated October 15, 2026

Lock-in Period Specifications

According to the annexure provided to the NSE, the entire block of 1 crore shares is subject to a lock-in period. Investors holding these preferential allotment shares cannot trade them until the specified date.

Metric Details
Number of Shares 1,00,00,000
Face Value ₹1
Issue Price ₹2.80 (₹1 face value + ₹1.80 premium)
Distinctive Numbers 221000001 to 231000000
Lock-in Expiry Date April 18, 2027

Market Implications

The admission of these shares for trading increases the free float of Viji Finance on the major Indian stock exchanges. The issuance was conducted via a preferential route, typically used by companies to raise capital or strengthen strategic partnerships without a public offer. The lock-in until April 2027 ensures that these non-promoter holdings remain stable in the medium term.

Historical Stock Returns for Viji Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+25.60%+4.61%+398.17%+418.73%+996.64%

How will the identity of the non-promoter investors receiving these warrants impact Viji Finance's strategic direction?

What is the anticipated market reaction to the increased free float when trading commences on October 16, 2026?

Will the capital raised through this preferential allotment be deployed toward specific expansion projects or debt reduction?

Viji Finance Q2FY27 Results: Net profit turns positive at ₹151 lakh

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Net profit for Q2FY27 stood at ₹151.10 lakh, turning around from a loss of ₹9.69 lakh in Q2FY26.
  • Total revenue from operations increased to ₹276.54 lakh, driven by higher interest and fee income.
  • Loans on the balance sheet grew to ₹5,207.31 lakh, reflecting aggressive portfolio expansion.
  • Equity share capital rose to ₹2,310.00 lakh following preferential allotments during the period.
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Viji Finance Limited reported a net profit of ₹151.10 lakh for the quarter ended September 30, 2026, marking a significant turnaround from a loss of ₹9.69 lakh in the corresponding period last year.

Total revenue from operations rose sharply to ₹276.54 lakh in Q2FY27, compared to ₹57.58 lakh in Q2FY26. This growth was driven by a substantial increase in interest income and fees and commission income. The company also reported total income of ₹285.23 lakh, up from ₹65.60 lakh in the year-ago quarter.

Financial Performance Overview

The board meeting held on October 14, 2026, approved these unaudited financial results along with the appointment of new statutory auditors via postal ballot. The following table summarizes the key financial metrics for the quarter and half-year periods:

Metric Q2FY27 (₹ lakh) Q2FY26 (₹ lakh) H1FY27 (₹ lakh) H1FY26 (₹ lakh)
Interest Income 121.54 57.25 210.34 113.77
Fees & Commission Income 155.00 0.33 197.37 0.33
Total Revenue 276.54 57.58 407.71 114.10
Total Expenses 83.45 75.69 137.91 174.92
Profit Before Tax 201.78 -10.09 354.69 -43.47
Net Profit 151.10 -9.69 264.81 -42.69

Balance Sheet Expansion

The company’s balance sheet witnessed significant expansion during the period. Total assets grew to ₹5,649.61 lakh as on September 30, 2026, from ₹3,365.35 lakh as on March 31, 2026. This increase is primarily attributed to a rise in loans, which stood at ₹5,207.31 lakh, up from ₹2,943.16 lakh at the end of the previous fiscal year.

Equity share capital increased to ₹2,310.00 lakh following preferential allotments. Other equity reserves also saw a notable jump to ₹2,769.10 lakh from ₹911.29 lakh. Cash and cash equivalents increased to ₹142.90 lakh from ₹43.67 lakh in the same period.

What the Numbers Show

A key observation from the financial data is the shift in revenue composition. Fees and commission income accounted for ₹155.00 lakh in Q2FY27, representing over 56% of total revenue from operations, compared to just ₹0.33 lakh in Q2FY26. This suggests a strategic pivot or significant new business activity contributing to non-interest income streams alongside traditional lending activities.

Additionally, while operating cash flow was negative at ₹2,109.37 lakh for the half-year, this was offset by financing activities generating ₹2,090.64 lakh, largely due to proceeds from the issue of equity shares and securities premium. This indicates that recent capital raises are fueling the expansion of the loan book rather than being held as idle cash.

Historical Stock Returns for Viji Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+25.60%+4.61%+398.17%+418.73%+996.64%

What specific new business lines or partnerships are driving the sudden surge in fees and commission income, and are these revenue streams sustainable long-term?

How does the company plan to manage asset quality and credit risk given the 77% expansion in its loan book within just six months?

Will the recent preferential allotments and capital raises lead to significant shareholder dilution or impact future dividend policies?

More News on Viji Finance

1 Year Returns:+418.73%