SGFINNSESG Finserve Limited· FinanceHighNeutral
Announced Fri, 27 Mar, 2026 · 13:10 IST

SG Finserve Limited has informed the Exchange regarding allotment of 5447222 securities pursuant to Preferential Issue at its meeting held on March 27, 2026

Warrants ConvertedFund Raising View source PDFExplain this filing

SGFIN · price

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Price reactionminutes from the announcement price · days from the prior close
+6.5%Reaction day
₹428.10
prior close
₹453.60
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.8%+9.3% vs market
Non Banking Financial Company (NBFC) peers, median of 200sector-2.0%+8.5% vs sector

On the reaction day the stock moved 9.3 pts more than Nifty Microcap 250 and 8.5 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.7
10m
-0.7
15m
-0.7
30m
-0.7
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+6.5-2.8+9.3-2.0+8.5
Next day
-3.3-5.6+2.3-5.0+1.7
2d
+4.5-1.3+5.7-1.1+5.6
3d
+5.7-0.6+6.4-0.9+6.7
4d
+4.8+0.4+4.3+0.0+4.8
5d
+5.4+0.8+4.6+1.0+4.4
1w
+6.9+4.9+1.9+4.7+2.1
15d
+24.9+14.4+10.5+11.8+13.2
1m
+28.1+15.3+12.8+11.0+17.1
2m
+33.3+18.8+14.5+7.1+26.2
3m
+40.5+24.3+16.1+7.3+33.1
UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 200Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SG Finserve Limited has allotted 54,47,222 equity shares (face value ₹10 each) following the conversion of an equal number of fully convertible warrants that were originally issued on October 25, 2024. The company received the balance 75% of the issue price, i.e., ₹337.5 per warrant, on a total issue price of ₹450 per warrant, aggregating roughly ₹18.38 crores. Allottees include promoter Rohan Gupta (28.25 lakh shares) and non-promoters such as RBA Finance and Investment Company, AGDG Enterprises LLP, Anubhav Gupta Enterprises LLP, and notably marquee investor Ashish Kacholia (11.11 lakh shares each). Post this allotment, the company's paid-up equity capital has risen to about ₹65.27 crores, comprising 6,52,67,222 shares.

Likely market impact

Existing shareholders will see a modest equity dilution due to the new shares, while the company strengthens its capital base. The participation of well-known investor Ashish Kacholia along with promoter contribution signals confidence in the company's prospects.