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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.
Hariom Pipe Industries Ltd

Hariom Pipe Industries Ltd: Allots 15 Lakh Convertible Warrants to Promoters

FUNDRAISE ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 27 Jul 2026, 05:31 PM IST  ·  BSE ID: 7f4cd764-91cd-4748-ab00-90b6cb3fbce8
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued warrants to its top management which they can use to buy shares later.
🤖 AI Summary
  • Allotment of 15,00,000 convertible warrants completed on preferential basis.
  • Promoters Rupesh Kumar Gupta, Shailesh Kumar Gupta, Parul Gupta, Isha Gupta are allottees.
  • Received Rs. 12,86,36,250, representing 25% of the warrant issue price.
  • Warrants are convertible to equity shares within 18 months upon balance payment.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Number of Convertible Warrants Allotted
15,00,000
Issue Price per Warrant
Rs.343.03/-
Premium per Warrant
Rs.333.03/-
Face Value per Equity Share
Rs.10/-
Amount Received (25% Subscription)
Rs.12,86,36,250/-
Total Potential Issue Size (100%)
Rs.51,45,45,000/-
Warrant Conversion Period
18 (Eighteen) months
🏢 How This Affects the Company
💰
Financial Impact
The company has received Rs. 12,86,36,250 as partial payment for convertible warrants. The total potential issue size is Rs. 51,45,45,000.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders at this time.
👤
Who Is Affected
Existing shareholders are affected by the potential future issuance of up to 15,00,000 equity shares.
🔍
Management Signal
The promoter and promoter group's participation signals confidence and commitment to the company's future.

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

👁 Watch List - track these upcoming events
Balance payment for warrants within 18 months.
Notification of warrant conversion into equity shares.
Updated shareholding pattern post-conversion.
MEDIUM RISK Potential equity dilution and reliance on future payments for full capital realization.
💡 Investor Takeaway
Hariom Pipe Industries allotted 15,00,000 warrants to promoters, receiving Rs. 12,86,36,250 (25% payment). These can convert to equity within 18 months.
⚖️ Strengths & Concerns

✅ Positives

  • Promoter commitment demonstrated through purchase of 15,00,000 warrants at Rs. 343.03 each.
  • Receipt of Rs. 12,86,36,250 upfront, representing 25% of the total warrant issue price.

⚠️ Concerns

  • Potential future dilution of equity if all warrants are converted.
  • Balance 75% of the issue price is due within 18 months; future payment remains a factor.
❓ Frequently Asked Questions
How many convertible warrants did Hariom Pipe Industries Ltd allot?
Hariom Pipe Industries Limited allotted 15,00,000 convertible warrants on a preferential basis.
Who are the allottees of these convertible warrants?
The allottees are Rupesh Kumar Gupta, Shailesh Kumar Gupta, Parul Gupta, and Isha Gupta, belonging to the Promoter and Promoter Group.
What amount has Hariom Pipe Industries Ltd received for these warrants?
The company received Rs. 12,86,36,250/-, which is 25% of the total issue price for the warrants.
What is the conversion price for these warrants?
Each warrant has an issue price of Rs.343.03/-, convertible into one equity share of face value Rs.10/-.
What is the timeframe for exercising these warrants?
Warrant holders can exercise their warrants within a period of 18 months from the date of allotment.

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

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⚠️ 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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