Comrade Appliances Ltd Completes Rs. 8.16 Crore Preferential Issue
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 13 Oct 2026, 07:56 PM IST · BSE ID: 87edf342-6f97-4390-acce-23f01e31f3d3
View Original BSE Filing (PDF)
💡
In Simple Terms
The company raised money by issuing new shares to two specific investors at a set price.
🤖 AI Summary
- Comrade Appliances Ltd completes preferential issue raising Rs. 8,16,00,000
- 24,00,000 equity shares issued at Rs. 34 per share
- Omnia Appliances Pvt. Ltd. and Anadi Investments Pvt. Ltd. are the allottees
- Independent Directors Committee reviewed and recommended the issue
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Equity Shares Issued
24,00,000
Face Value per Equity Share
Rs. 10/-
Issue Price per Equity Share
Rs. 34/-
Total Funds Raised
Rs. 8,16,00,000/-
Allotment to Omnia Appliances Private Limited
20,00,000 Equity Shares
Allotment to Anadi Investments Private Limited
4,00,000 Equity Shares
🏢 How This Affects the Company
The company has raised Rs. 8,16,00,000 through a preferential issue, which will augment its capital base.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders regarding this preferential issue.
👤
Who Is Affected
Existing shareholders will experience dilution due to the issuance of 24,00,000 new equity shares.
🔍
Management Signal
Management is pursuing capital raise strategies to fund company operations or growth initiatives.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of funds credited to the company's account.
Company's next quarterly financial results for updated performance.
Disclosure of use of funds raised in subsequent filings.
LOW RISK
The filing is a standard capital raise announcement with no inherent immediate risks disclosed.
💡 Investor Takeaway
Comrade Appliances Ltd raised Rs. 8,16,00,000 by issuing 24,00,000 equity shares at Rs. 34 per share to Omnia Appliances Pvt. Ltd. and Anadi Investments Pvt. Ltd.
⚖️ Strengths & Concerns
✅ Positives
- Completed a preferential issue of Rs. 8,16,00,000 to strengthen capital.
- Issue price of Rs. 34 per share approved by Independent Directors Committee.
❓ Frequently Asked Questions
What is the total amount Comrade Appliances Ltd raised through its preferential issue?
Comrade Appliances Limited raised Rs. 8,16,00,000/- through the preferential issue.
How many equity shares did Comrade Appliances Ltd issue?
Comrade Appliances Limited issued a total of 24,00,000 equity shares.
What was the issue price per equity share for Comrade Appliances Ltd's preferential issue?
The preferential issue was made at a price of Rs. 34/- per equity share.
Who are the allottees of the new equity shares in Comrade Appliances Ltd?
The new equity shares were allotted to Omnia Appliances Private Limited (20,00,000 shares) and Anadi Investments Private Limited (4,00,000 shares).
Questions based on this BSE filing only. For information purposes.