Harmony Capital Service Ltd
The stock Exchange and Stakeholders are requested to take on record, the outcome of the allotment Committee Meeting regarding the allotment of Equity Shares.
FUNDRAISE
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 15 Apr 2026, 11:44 AM IST · BSE ID: 13763a89-7fbc-4ff1-9006-31f92b9ccdc4
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued 91.26 lakh new shares to promoters, employees and other investors at Rs. 10 per share.
🤖 AI Summary
- Allotment Committee approved 91,26,000 equity shares at Rs. 10/- face value and issue price on 15 April 2026
- Promoter Rajesh Ghosh allotted 28,00,000 shares; Dorni Vinimoy Pvt Ltd allotted 27,00,000 shares
- 30 non-promoter allottees received 36,26,000 shares collectively under preferential issue
- Transaction executed under SEBI Issue of Capital and Disclosure Requirements Regulations 2018 and Companies Act 2013
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total shares allotted
91,26,000 equity shares
Issue price per share
Rs. 10/-
Face value per share
Rs. 10/-
Total capital raised
Rs. 91,26,00,000
Promoter shares allotted
55,00,000 shares (Rajesh Ghosh 28,00,000 + Dorni Vinimoy Pvt Ltd 27,00,000)
Non-promoter shares allotted
36,26,000 shares to 30 allottees
🏢 How This Affects the Company
Equity capital raised totalling Rs. 91,26,00,000 (91.26 crore) at par value. Share capital base increases by this allotted amount, strengthening balance sheet equity.
👥 What This Means For Shareholders
✅
Action Required
Existing shareholders must monitor ex-date notification and verify share credit in demat accounts post-allotment settlement.
👤
Who Is Affected
All existing shareholders experience dilution from 91,26,000 new shares. Promoter shareholding increases by 55,00,000 shares (60.2% of allotment). Non-promoters receive 36,26,000 shares (39.8% of allotment).
🔍
Management Signal
Management prioritises equity capital strengthening and promoter stake consolidation; non-promoter participation suggests investor confidence in preferential issue.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Credit of allotted shares to demat accounts — confirm settlement within 7-10 business days post-allotment
Ex-date announcement for new shares — check BSE notice for dividend/corporate action eligibility cutoff
Q4 FY26 results — assess capital deployment and impact on profitability and returns on equity
MEDIUM RISK
Significant equity dilution (91.26 lakh shares) without stated use-of-proceeds disclosure. No prior financial track record provided in filing context.
💡 Investor Takeaway
Harmony Capital Services completed allotment of 91,26,000 equity shares at Rs. 10/- par value, raising Rs. 91,26,00,000 in equity capital. Promoter holding increased via 55,00,000 shares to two promoter entities. Dilution magnitude and use of proceeds not disclosed.
⚖️ Strengths & Concerns
✅ Positives
- Significant equity infusion of Rs. 91,26,00,000 strengthens company's capital base and balance sheet position
- Preferential issue at par value (Rs. 10/share) matches face value, no discount to existing shareholders
⚠️ Concerns
- Substantial dilution: 91,26,000 new shares issued; prior shareholding structure and total outstanding shares not disclosed in filing
- No disclosure of fundraise purpose, use of proceeds, or business rationale for the preferential issue timing