What happened
FactPC Jeweller allotted 1,18,52,500 equity shares to promoter and Managing Director Balram Garg following conversion of an equal number of fully convertible warrants. The company received ₹16,00,08,750, representing 75% of the ₹18 issue price per warrant, and its paid-up equity share capital increased to ₹977,13,94,855.
1,18,52,500Equity shares allotted
shares issued upon conversion of warrants
₹18Issue price per warrant/share
conversion issue price, including ₹17 premium per share
₹16,00,08,750Balance amount received
75% of issue price received on this warrant conversion
₹977,13,94,855Paid-up equity share capital after allotment
post-allotment paid-up capital
3,63,62,222Warrants pending conversion
Balram Garg's warrants remaining pending for conversion
38.88%Promoter and promoter group holding after allotment
post-preferential issue shareholding