Skipper Limited has announced the allotment of 92,23,402 equity shares on a preferential basis, raising a total of ₹4,33,49,98,940 (approximately ₹4,335 crore). The issue price was ₹470 per share, with ₹1 face value and ₹469 premium. This move significantly increases the company’s issued, subscribed, and paid-up equity share capital, reflecting a strategic capital infusion.
Capital Infusion Through Preferential Allotment
Skipper Limited has successfully completed a preferential allotment of 92,23,402 equity shares. This allotment, approved by the Board of Directors and Company Members on June 3, 2026 and June 26, 2026, respectively, was carried out at an issue price of ₹470 per equity share. This price includes a face value of ₹1 and a share premium of ₹469 per share.
Total Funds Raised and Impact on Capital Structure
The preferential allotment has resulted in a substantial capital infusion for the company, aggregating to ₹4,33,49,98,940 (Rupees Four Hundred Thirty Three Crores Thirty Three Lakhs Forty Nine Thousand Nine Hundred and Forty Only). Following this allotment, Skipper Limited’s issued, subscribed, and paid-up equity share capital has seen a considerable increase. The company has applied to the stock exchanges for the listing and trading approval of these newly issued equity shares.
Allottees and Share Distribution
The preferential allotment was made to several entities classified as Non-Promoters. Key allottees include Emerge Private Opportunities Trust I, Cohesion Mk Best Ideas Sub-Trust, Bandhan Small Cap Fund, Smallcap World Fund Inc, and American Funds Insurance Series Global Small Capitalization Fund. Each of these entities received a specific number of equity shares at the aforementioned issue price, contributing to the total capital raised.
Pre-Issue and Post-Issue Capital Summary
Prior to the allotment, Skipper Limited had 11,29,37,233 issued and subscribed shares, with 11,29,04,035 shares paid up. Post the preferential allotment, the company now has 12,21,60,635 issued and subscribed shares, with 12,21,27,437 shares paid up, marking a significant expansion of its equity base.
Source: BSE