Conversion of up to the total outstanding 56,00,000 Warrants, in one or more tranches, into an equivalent…
As filed · Cupid Limited has informed the Exchange about Conversion of up to the total outstanding 56,00,000 Warrants, in one or more tranches, into an equivalent number of Equity Shares of Baazar Style Retail L
What happened
FactConversion of up to the total outstanding 56,00,000 Warrants, in one or more tranches, into an equivalent number of Equity Shares of Baazar Style Retail Limited.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnSurpassed FY26 guidance of ₹335 Cr revenue and ₹100 Cr net profit.
Cupid Limited expects ₹150 crore of incremental revenue in FY27 from the Style Baazar ecosystem, with a defined ramp-up to ₹500 crores of annual business within three years, as the same fast-expanding ecosystem scales across distribution, categories, and consumer touchpoints.
Change
FactImplication
CapitSignal interpretationGuidance
DelayedTarget of doubling the topline of Cupid’s Branded segment in B2C FMCG Indian Market in FY26 by focusing on product categories that are winners with customer habit forming and continuous off take being a priority
Announced its FY29 revenue aspiration of ₹1,500 Cr, reflecting confidence in its diversified, multi-engine growth strategy.
Change
FactImplication
CapitSignal interpretationGuidance
WithdrawnAnnounced its FY29 revenue aspiration of ₹1,500 Cr, reflecting confidence in its diversified, multi-engine growth strategy.
Achieved record financial performance, surpassing guidance with ₹391.40 Cr Total Income and ₹108.23 Cr Net Profit.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- Revenue of atleast ₹600 Cr in FY27 (management committed by FY27)
- Cupid Limited is set to comfortably surpass its FY26 annual guidance of ₹335 Cr in revenue and ₹100 Cr in net (management committed by FY26)
Evidence
- Cupid Limited has submitted to the Exchange the unaudited-financial results of the Company for quarter and half year ended September 30, 2026.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · FY27
- Earlier statement · FY25
- Latest statement · FY26
- Earlier statement · FY26
- Latest statement · FY26
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%