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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Advance Multitech Ltd

Advance Multitech Allots 97.25 Lakh Warrants, Raises Rs. 9.72 Crore Upfront

FUNDRAISE ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 27 Oct 2026, 05:58 PM IST  ·  BSE ID: 5158261d-92af-42a1-81d7-efc0e6ed6b95
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued warrants that can be converted into shares, raising Rs. 9.72 crore upfront from 118 investors.
🤖 AI Summary
  • Advance Multitech allotted 97,25,000 warrants for cash at Rs. 40 per warrant.
  • Company received Rs. 9.72 crore upfront, representing 25% of the issue price.
  • 118 investors received warrants, which are convertible into equity shares.
  • Warrants are convertible within 18 months, subject to balance payment.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Warrants Allotted
97,25,000
Issue Price per Warrant
Rs. 40/-
Upfront Payment Received (25%)
Rs. 9,72,50,000/-
Face Value per Equity Share
Rs. 10/-
Total Investors
118
🏢 How This Affects the Company
💰
Financial Impact
The company has received Rs. 9.72 crore upfront, strengthening its cash reserves. The potential future equity infusion upon conversion of warrants will depend on the allottees exercising their option.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from existing shareholders.
👤
Who Is Affected
All shareholders are affected by the potential future dilution of equity upon conversion of these warrants.
🔍
Management Signal
Management is pursuing capital raising through preferential allotment of warrants to non-promoters.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Check for conversion of warrants into equity shares.
Monitor balance payment status for warrant conversion.
Review company's utilization of funds raised.
MEDIUM RISK Conversion into equity depends on future payments by allottees within 18 months.
💡 Investor Takeaway
Advance Multitech allotted 97,25,000 warrants at Rs. 40 each, receiving Rs. 9.72 crore upfront. Warrants are convertible into equity shares within 18 months.
⚖️ Strengths & Concerns

✅ Positives

  • Raised Rs. 9.72 crore upfront from the preferential allotment of warrants.
  • Warrants are issued at a premium of Rs. 30 per warrant over face value.

⚠️ Concerns

  • The conversion of warrants into equity shares is contingent on future payments.
  • The balance Rs. 30 per warrant (75%) is due within 18 months from allotment.
❓ Frequently Asked Questions
How many warrants did Advance Multitech allot?
Advance Multitech Limited allotted 97,25,000 warrants to 118 investors.
What is the total upfront amount received by Advance Multitech from warrant allotment?
The company received Rs. 9,72,50,000/- (Rupees Nine Crores Seventy Two Lakhs Fifty Thousand Only) upfront.
At what price were the warrants issued by Advance Multitech?
The warrants were issued at a price of Rs. 40/- per warrant.
When can these warrants be converted into equity shares?
The warrants are convertible into equity shares within 18 months from the date of allotment, subject to receipt of balance consideration.
What is the face value of the equity shares for which warrants are convertible?
Each warrant is convertible into one equity share of face value Rs. 10/-.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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