Revised Draft Letter of Offer for Prposed Rights Issue of the Company
Price
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Awaiting price reaction for this filing.
Nexome Capital Markets Ltd (formerly SMIFS Capital Markets Ltd, renamed in April 2025) has filed a revised Draft Letter of Offer dated February 02, 2026 for a proposed rights issue of equity shares with a face value of ₹10 each. The total issue size is up to ₹2,500 lakhs (₹25 crore), assuming full subscription. Key details such as the issue price, premium per share, and the rights entitlement ratio are still shown as placeholders ([●]) in the draft and have not been finalized yet. The shares are listed on BSE, and the record date for determining eligible shareholders is also yet to be announced. CARE Ratings Limited has been appointed as the Monitoring Agency, and ICICI Bank is the banker to the issue.
Eligible shareholders as on the record date will be entitled to subscribe to additional shares in proportion to their existing holdings, once the ratio and price are finalized. The actual dilution, cost to shareholders, and potential impact on share price will depend on the final issue price and ratio, which have not been disclosed in this draft.