Poonawalla Fincorp Raises Rs 1,500 Crore Through Preferential Share Allotment to Promoter

1 min read     Updated on 17 Sept 2025, 07:02 PM
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Overview

Poonawalla Fincorp Limited has completed a preferential share allotment to its promoter entity, Rising Sun Holdings Private Limited. The company issued 3.31 crore equity shares at ₹452.51 per share, raising ₹1,499.98 crore. This increased the company's paid-up share capital from ₹155.84 crore to ₹162.47 crore and expanded its equity base from 77.92 crore to 81.24 crore shares. The allotment complies with SEBI regulations and received approval from NSE and BSE.

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*this image is generated using AI for illustrative purposes only.

Poonawalla Fincorp Limited, a prominent player in the financial services sector, has successfully completed a significant capital raise through a preferential share allotment to its promoter entity. The company's board of directors approved the issuance of 3.31 crore equity shares, bolstering its financial position and signaling strong promoter confidence in the company's future prospects.

Key Highlights of the Share Allotment

  • Allotment Details: Poonawalla Fincorp has allotted 3,31,48,102 equity shares to Rising Sun Holdings Private Limited, a promoter entity.
  • Issue Price: The shares were issued at Rs 452.51 per share, representing a substantial premium to the face value.
  • Total Fundraise: The preferential issue has raised Rs 1,499.98 crore for the company.
  • Increase in Share Capital: The company's paid-up share capital has increased from Rs 155.84 crore to Rs 162.47 crore.
  • Expansion of Equity Base: Total equity shares have risen from 77.92 crore to 81.24 crore shares.

Impact on Company Structure

The preferential allotment has resulted in a notable change in Poonawalla Fincorp's capital structure:

Particulars Pre-Allotment Post-Allotment
Paid-up Share Capital 155.84 162.47
Total Equity Shares 77.92 81.24

Note: All figures in the table are in crore

Regulatory Compliance and Approvals

Poonawalla Fincorp has ensured full compliance with regulatory requirements for this preferential issue:

  • The company received in-principle approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited.
  • The allotment adheres to the Securities and Exchange Board of India (SEBI) regulations, including the Issue of Capital and Disclosure Requirements (ICDR) Regulations, 2018.
  • The process also complies with the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Terms of the New Shares

The newly allotted shares come with the following terms:

  • Face Value: Rs 2 per equity share
  • Premium: Rs 450.51 per share
  • Rights: The new shares will carry the same rights as the existing equity shares of the company.

This strategic move by Poonawalla Fincorp not only strengthens its capital base but also demonstrates the promoter's commitment to the company's growth trajectory. The substantial premium on the share price reflects confidence in the company's valuation and future prospects.

As the financial services sector continues to evolve, Poonawalla Fincorp's enhanced capital position is likely to support its expansion plans and competitive standing in the market.

Historical Stock Returns for Poonawalla Fincorp

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%-0.74%-4.45%+54.36%+11.72%+1,087.52%
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Poonawalla Fincorp Sees Rs. 89.90 Crore Block Trade on NSE

1 min read     Updated on 16 Sept 2025, 10:20 AM
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Overview

Poonawalla Fincorp Ltd. experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 2,038,720 shares at Rs. 440.95 per share, totaling Rs. 89.90 crore. The company also announced its participation in the upcoming JP Morgan 10th Annual India Conference on September 23, 2025, in Mumbai, where it will engage with analysts and institutional investors.

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*this image is generated using AI for illustrative purposes only.

Poonawalla Fincorp Ltd., a prominent player in the financial services sector, recently witnessed a significant block trade on the National Stock Exchange (NSE). The transaction, valued at Rs. 89.90 crore, involved approximately 2,038,720 shares changing hands at a price of Rs. 440.95 per share.

Block Trade Details

The block trade, which typically involves a large number of securities, was executed on the NSE, one of India's leading stock exchanges. Such transactions often attract attention from market participants due to their size and potential impact on the stock's trading volume and price.

Trade Details Values
Total Value Rs. 89.90 crore
Number of Shares 2,038,720
Price per Share Rs. 440.95

Company Updates

In a recent corporate filing, Poonawalla Fincorp Limited announced its participation in the upcoming JP Morgan 10th Annual India Conference. The event is scheduled for September 23, 2025, in Mumbai, where the company will engage in one-on-one and group meetings with analysts and institutional investors.

Investor Relations

The company's proactive approach to investor relations is evident from its participation in such conferences. Shabnum Zaman, the Company Secretary of Poonawalla Fincorp, stated that the presentation to be made at the conference will be available on the company's website at www.poonawallafincorp.com .

This engagement with the investment community demonstrates Poonawalla Fincorp's commitment to transparency and open communication with its stakeholders. Such interactions provide valuable opportunities for investors and analysts to gain insights into the company's strategies, performance, and future outlook.

As the financial services sector continues to evolve, Poonawalla Fincorp's active participation in investor conferences and its significant presence in the stock market, as evidenced by the recent block trade, underscore its position as a noteworthy player in the industry.

Historical Stock Returns for Poonawalla Fincorp

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%-0.74%-4.45%+54.36%+11.72%+1,087.52%
Poonawalla Fincorp
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