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Baid Finserv Allots 48.02 Lakh Shares on Warrant Conversion; Receives Rs. 5.44 Crore
Baid Finserv Limited has successfully converted 48,02,732 warrants into equity shares for its promoter group entities. The company received approximately Rs. 5.44 crore, representing the 75% balance payment required for the conversion at an issue price of Rs. 15.10 per share. This move is part of a larger preferential issue of 1.20 crore warrants. The statutory auditor has certified that the funds were received in compliance with SEBI ICDR Regulations, ensuring transparency in the capital infusion.
Key Highlights
Allotment of 48,02,732 equity shares to Promoter Group entities upon warrant conversion.
Receipt of Rs. 5,43,90,940 as the 75% balance consideration for the converted units.
Issue price fixed at Rs. 15.10 per share, including a premium of Rs. 13.10.
Promoter entities Dream Realmart and Niranjana Properties each converted 24.01 lakh warrants.
Statutory auditor ABSM & Associates confirmed no circulation of funds or mere book entries.
💼 Action for Investors
Investors should view the promoter's decision to convert warrants and infuse capital as a sign of confidence in the company's future. Monitor how the company utilizes these funds to scale its lending operations.
Baid Finserv Allots 48.02 Lakh Equity Shares to Promoters via Warrant Conversion
Baid Finserv has converted 48,02,732 warrants into equity shares for two promoter group entities, Niranjana Properties and Dream Realmart. The company received the remaining 75% of the issue price, totaling approximately Rs. 5.44 crore, at a conversion price of Rs. 15.10 per share. This move has increased the promoter group's stake in the company from 45.71% to 47.39%. The total paid-up capital of the company now stands at 15.48 crore equity shares following this allotment.
Key Highlights
Allotment of 48,02,732 equity shares of face value Rs. 2 each at a premium of Rs. 13.10
Promoter group shareholding increased from 45.71% to 47.39%
Received Rs. 5.44 crore as the final 75% payment for the warrant conversion
Total issued and paid-up capital increased to 15,48,88,107 equity shares
💼 Action for Investors
Investors should view the increase in promoter stake as a positive signal of confidence in the company's long-term growth. Monitor the company's upcoming quarterly results to see how the additional capital is being deployed.
Baid Finserv Allots 48.02 Lakh Equity Shares to Promoters via Warrant Conversion
Baid Finserv Limited has approved the allotment of 48,02,732 equity shares following the conversion of warrants by promoter group entities. The company received the balance 75% subscription amount, totaling approximately Rs. 5.44 crore, at an issue price of Rs. 15.10 per share. This conversion has resulted in an increase in the promoter group's shareholding from 45.71% to 47.39%. The newly allotted shares rank pari-passu with existing equity shares, and no warrants remain outstanding for these specific allottees.
Key Highlights
Allotment of 48,02,732 equity shares of Rs. 2 face value at a premium of Rs. 13.10 per share
Receipt of balance 75% consideration amounting to Rs. 5,43,90,940 from promoter group entities
Promoter group shareholding increased from 45.71% to 47.39% post-allotment
Total paid-up capital increased from 15,00,85,375 to 15,48,88,107 equity shares
Allottees include Niranjana Properties Private Limited and Dream Realmart Private Limited
💼 Action for Investors
The increase in promoter stake through warrant conversion is a positive signal of management's confidence in the company. Investors should monitor the company's upcoming quarterly results to see if this capital infusion translates into improved operational performance.
Baid Finserv Q3 Net Profit Steady at ₹4.75 Cr; 9M Profit Surges 35.8% to ₹13.32 Cr
Baid Finserv Limited reported a marginal year-on-year increase in net profit for Q3 FY26, reaching ₹4.75 crore compared to ₹4.73 crore in Q3 FY25. However, the nine-month performance shows significant growth, with net profit rising 35.8% to ₹13.32 crore. Revenue from operations for the quarter grew by 15.4% YoY to ₹24.63 crore. The company also completed a significant rights issue in December 2025, which expanded its equity base but led to a slight dilution in quarterly EPS from ₹0.39 to ₹0.38.
Key Highlights
Total Income for Q3 FY26 increased by 20.5% YoY to ₹25.72 crore.
Nine-month net profit grew to ₹13.32 crore from ₹9.81 crore in the previous year's corresponding period.
Allotted 3,00,17,075 equity shares via Rights Issue on December 08, 2025, increasing paid-up capital to ₹30.02 crore.
Interest income for the quarter rose to ₹20.02 crore from ₹18.61 crore in Q3 FY25.
Transferred stressed assets with an aggregate principal outstanding of ₹9.38 crore during the nine-month period.
💼 Action for Investors
While the nine-month growth is robust, the flat quarterly profit and equity dilution from the rights issue suggest a period of consolidation. Investors should watch for improved return on equity as the newly raised capital is deployed into the lending book.
Baid Finserv Rights Issue Oversubscribed 1.07 Times
Baid Finserv Limited successfully concluded its ₹30.02 crore Rights Issue, which was 1.07 times oversubscribed. The Rights Issue was structured as 1:4 at ₹10 per share. Following the allotment, the company's equity share capital increased from 12,00,68,300 shares to 15,00,85,375 shares. Promoters' shareholding increased from 36.25% to 45.71%, while public shareholding now stands at 54.29%.
Key Highlights
Rights Issue of ₹30.02 crore
Issue was 1.07 times oversubscribed
Rights issue at ₹10 per share
Promoters' shareholding increased to 45.71%
Equity share capital increased to 15,00,85,375 shares
💼 Action for Investors
Existing investors can take confidence from the oversubscription. Monitor the company's deployment of funds from the rights issue towards business activities, debt repayment, and general corporate purposes.
Baid Finserv Rights Issue Oversubscribed 107.84 Times, Raises ₹30.02 Crore
Baid Finserv Limited successfully closed its Rights Issue, raising ₹30.02 crore. The issue was oversubscribed by 107.84 times, indicating strong investor confidence. The Rights Issue Committee approved the allotment of 3,00,17,075 fully paid-up equity shares at ₹10 per share. Following the allotment, the company’s equity share capital increased from 12.007 crore shares to 15.008 crore shares, with promoters' shareholding increasing to 45.71%.
Key Highlights
Rights Issue oversubscribed by 107.84 times.
₹30.02 crore raised through the Rights Issue.
3,00,17,075 equity shares allotted at ₹10 per share.
Equity share capital increased to 15.008 crore shares from 12.007 crore shares.
Promoters' shareholding increased to 45.71%.
💼 Action for Investors
The successful rights issue strengthens Baid Finserv's capital base. Investors should monitor how the company deploys the funds for business growth and debt repayment.
Baid Finserv Allots 3 Crore Equity Shares via Rights Issue Raising Rs 30.02 Crore
Baid Finserv Limited has successfully completed its rights issue, allotting 3,00,17,075 fully paid-up equity shares to eligible shareholders. The shares were issued at a price of Rs. 10 each, including a premium of Rs. 8, resulting in a total fundraise of approximately Rs. 30.02 crore. This move has increased the company's total paid-up share capital from 12.01 crore shares to 15.01 crore shares. The allotment follows the rights issue period which was open from November 25 to December 3, 2025.
Key Highlights
Allotted 3,00,17,075 equity shares of face value Rs. 2 at an issue price of Rs. 10 per share.
Total aggregate amount raised through the rights issue is Rs. 30,01,70,750.
Post-issue paid-up share capital increased to 15,00,85,375 equity shares from 12,00,68,300 shares.
The rights issue was finalized in consultation with MCS Share Transfer Agent Limited and BSE Limited.
💼 Action for Investors
Investors should track the company's utilization of these funds for business expansion and monitor the impact of equity dilution on upcoming Earnings Per Share (EPS) figures.
Baid Finserv Allots 3 Crore Equity Shares via Rights Issue Raising Rs 30.02 Crore
Baid Finserv Limited has successfully completed the allotment of 3,00,17,075 equity shares following its rights issue which closed on December 03, 2025. The shares were issued at a price of Rs. 10 per share, including a premium of Rs. 8, aggregating to a total fundraise of approximately Rs. 30.02 crores. This capital infusion has increased the company's paid-up equity share capital from Rs. 24.01 crores to Rs. 30.02 crores. The allotment was finalized on December 08, 2025, in consultation with the registrar and BSE Limited.
Key Highlights
Allotment of 3,00,17,075 fully paid-up equity shares of face value Rs. 2 each.
Total issue size of Rs. 30,01,70,750 at an issue price of Rs. 10 per share.
Post-issue paid-up share capital increased to 15,00,85,375 equity shares.
The rights issue resulted in a 25% expansion of the company's existing equity base.
💼 Action for Investors
Investors should monitor the company's upcoming quarterly results to see how this fresh capital is deployed for business expansion and its impact on earnings per share. Shareholders who participated in the issue should expect the shares to be credited to their demat accounts shortly.