Announced Tue, 24 Mar · 22:00 IST

Issue of Securities pursuant to Rights Issue.

Fund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹77.87
prior close
₹78.13
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+2.4+1.7+2.3-1.0+5.0+2.7+2.7+6.6+15.4+44.9+41.7+28.4+65.7
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AI summary

Nexome Capital Markets Ltd (formerly SMIFS Capital Markets) has completed its Rights Issue, which opened on March 13, 2026 and closed on March 23, 2026. The issue was oversubscribed by 100.79%, with the total issue size being Rs. 22.04 crore. The company has allotted 29,38,500 fully paid-up equity shares at Rs. 75 per share (including a Rs. 65 share premium over the Rs. 10 face value). Post-allotment, the paid-up equity share capital stands at Rs. 8.82 crore, comprising 88,15,500 shares.

Likely market impact

The strong oversubscription reflects solid investor demand and confidence in the company. The infusion of Rs. 22+ crore will strengthen the company's capital base, though existing shareholders also had to contribute additional capital to maintain their stake.