NewsOrders & DealsRajasthan Global Securities Acquires 6.99% Stake in Global Ocean Logistics India LimitedRajasthan Global Securities Acquires 6.99% Stake in Global Ocean Logistics India Limited
Rajasthan Global Securities Pvt. Ltd. has acquired a 6.99% stake (10,09,600 shares) in Global Ocean Logistics India Limited through its Initial Public Offering (IPO). This acquisition marks Rajasthan Global Securities' entry into the company, moving from zero previous holding to a substantial stake. The disclosure, made under SEBI Regulation 29, identifies LRS D Securities Pvt. Ltd. as a Person Acting in Concert (PAC). Global Ocean Logistics India Limited's post-acquisition capital structure shows a total diluted share capital of 1,44,42,691 shares of ₹10.00 each.
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Rajasthan Global Securities Pvt. Ltd. has made a substantial acquisition in Global Ocean Logistics India Limited, acquiring a significant stake through the company's Initial Public Offering (IPO). The acquisition was disclosed under SEBI Regulation 29, marking a notable investment move in the logistics sector.
Acquisition Details
Rajasthan Global Securities Pvt. Ltd. acquired 10,09,600 shares representing a 6.99% stake in Global Ocean Logistics India Limited through IPO allotment. This acquisition represents a fresh investment by Rajasthan Global Securities, which previously held no shares in the company.
| Parameter | Details |
|---|---|
| Shares Acquired | 10,09,600 shares |
| Acquisition Method | IPO Allotment |
| Stake Percentage | 6.99% |
| Previous Holding | 0.00% |
Shareholding Structure
The acquisition details show a complete transition from zero holding to a substantial stake in the target company. Rajasthan Global Securities' holding pattern demonstrates a strategic entry into Global Ocean Logistics India Limited.
| Holding Period | Shares | Percentage of Voting Capital | Percentage of Total Capital |
|---|---|---|---|
| Before Acquisition | 0 | 0.00% | 0.00% |
| Shares Acquired | 10,09,600 | 6.99% | 6.99% |
| After Acquisition | 10,09,600 | 6.99% | 6.99% |
Company Structure and PAC Details
The disclosure identifies LRS D Securities Pvt. Ltd. as a Person Acting in Concert (PAC) with Rajasthan Global Securities. The acquirer does not belong to the promoter or promoter group of Global Ocean Logistics India Limited, indicating this is an external investment.
Target Company Capital Structure
Global Ocean Logistics India Limited's capital structure post-acquisition shows a total diluted share capital of 1,44,42,691 shares of ₹10.00 each. The company's shares are listed on stock exchanges, providing liquidity for the acquired stake.
The disclosure was filed from New Delhi by an authorized signatory of Rajasthan Global Securities Pvt. Ltd., completing the regulatory requirements under SEBI's substantial acquisition regulations.
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