Announced Fri, 19 Jun · 18:45 IST
Listing approval received for 13 lakh preferential shares
Capital Market Events View source PDF
LOKESHMACH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+8.7%1-day move
₹273.90
prior close
₹270.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.5+0.4+2.5+2.1+8.7+4.1-0.6-1.2-0.7+9.5+15.8+25.0——
Up moveDown movePending
AI summary
Lokesh Machines has received listing approval from BSE and NSE for 13,00,000 equity shares of Rs. 10 each allotted to non-promoters on a preferential basis at a premium of Rs. 171.71 per share. After listing, the company's total listed capital will rise to Rs. 21.29 crore comprising 2,12,96,770 equity shares. Trading approval is pending and will follow once NSDL and CDSL confirm credit of shares to beneficiary accounts.
Likely market impact
Dilution as 13 lakh new shares allotted to non-promoters will begin trading soon. Shareholders may see supply pressure once trading approval comes through.