New paper advertisement which was published today i.e., Saturday 19th July 2025in compliance with the regulation 92(1) of SEBI (ICDR) REGULATION 2018 ,
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Bharat Bhushan Finance & Commodity Brokers has completed its rights issue of 33,80,400 equity shares of face value Rs. 10 each at an issue price of Rs. 10 per share, aggregating to Rs. 338.04 lakhs, in the ratio of 1:1 to eligible shareholders. The issue opened on June 16, 2025 and closed on July 7, 2025, receiving 1,674 applications for 1,52,97,887 shares, of which 502 applications (3,08,377 shares) were technically rejected. Valid applications stood at 1,172 for 1,49,83,855 shares, making the issue 443.26% subscribed (oversubscribed). The Rights Issue Committee approved the allotment on July 16, 2025, shares were credited to demat accounts by July 17, 2025, BSE listing approval was received, and trading is expected to commence on BSE from July 22, 2025 under ISIN INE900A01013.
The rights issue was heavily oversubscribed (over 4x), reflecting strong shareholder interest, though the price was at par with face value so no premium was raised. Existing shareholders face equity dilution of 100% (1:1 ratio), and the new shares will start trading on BSE from July 22, 2025, which may pressure the stock price in the short term as the float increases.