Knowledge Marine & Engineering Works Ltd
Knowledge Marine & Engineering Allots Rs. 1,499.99 Million Equity Shares
DIVIDEND
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 04 Aug 2026, 07:09 PM IST · BSE ID: 37e5cfb9-cc8f-4b58-8a78-d459467148de
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued new shares to investors, raising over Rs. 1,499 million and finalizing the terms of the preferential issue.
🤖 AI Summary
- Allotment of 7,64,317 equity shares completed for Rs. 1,499.99 million.
- Issue price fixed at Rs. 1,962.53 per share, with Rs. 1,957.53 premium.
- Shares allotted to persons belonging to the non-promoter category.
- Board approved allotment via circulation following EGM and exchange approvals.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity Shares Allotted
7,64,317
Face Value per Share
Rs. 5/-
Issue Price per Share
Rs. 1,962.53/-
Premium per Share
Rs. 1,957.53/-
Total Amount Aggregating
Rs. 1,49,99,95,042.01/-
🏢 How This Affects the Company
The preferential issue of Rs. 1,49,99,95,042.01 significantly increases the company's equity base and cash reserves.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders regarding this allotment.
👤
Who Is Affected
Existing shareholders are affected through dilution of their percentage ownership due to the issuance of new shares.
🔍
Management Signal
The management is actively raising capital through a premium issue to fund growth and expand operations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Financial results for FY27 — check utilization of funds.
Updates on new projects or business expansion.
Promoter holding percentage post-allotment.
MEDIUM RISK
Dilution to existing shareholders and reliance on effective utilization of funds raised.
💡 Investor Takeaway
Knowledge Marine & Engineering completed a Rs. 1,49,99,95,042.01 preferential allotment of 7,64,317 shares at Rs. 1,962.53 per share to non-promoters.
⚖️ Strengths & Concerns
✅ Positives
- Successful completion of a substantial preferential share issue raising Rs. 1,49,99,95,042.01.
- Received strong premium of Rs. 1,957.53 on equity shares valuing the company.
📅 Company Track Record
The company had previously announced plans to raise Rs. 149,99,95,042.01 via a preferential share issue in June 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How many equity shares has Knowledge Marine & Engineering allotted?
Knowledge Marine & Engineering has allotted 7,64,317 equity shares.
What is the total amount raised by Knowledge Marine & Engineering from the share allotment?
The company has raised Rs. 1,49,99,95,042.01/- from the preferential share allotment.
What is the issue price per share for the preferential allotment?
The issue price per share is Rs. 1,962.53/-.
To whom were the shares allotted by Knowledge Marine & Engineering?
The shares were allotted to persons belonging to the non-promoter category.
Questions based on this BSE filing only. For information purposes.