GMP IPO
📋 Filings Intelligence
About Contact
LIVE - Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement - financial results, order wins, dividends, mergers and more. Updated live.

-
Filed today
-
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings -

📋 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.
Systematic Industries Ltd

Systematic Industries Ltd: Allots Equity Shares Worth INR 33.23 Crore

FUNDRAISE ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 03 Nov 2026, 06:12 PM IST  ·  BSE ID: 53bd1f81-4c8c-414d-ab82-a1993d8fadd2
View Original BSE Filing (PDF)
💡
In Simple Terms
The company raised funds by issuing new shares and acquiring another company through a share exchange deal.
🤖 AI Summary
  • Systematic Industries approved allotment of 14,57,400 equity shares at INR 228 each.
  • Total funds raised via preferential allotment amount to INR 33,22,87,200.
  • The allotment includes a share swap to acquire 99.96% of Wire Brigade Industries Private Limited.
  • The company also approved standalone unaudited financial results for the half year ended September 30, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Equity Shares Allotted
14,57,400
Face Value per Share
INR 10/-
Issue Price per Share
INR 228/-
Total Funds Raised
INR 33,22,87,200/-
Pre-allotment Paid-up Equity Capital
Rs. 22,33,12,420/-
Post-allotment Paid-up Equity Capital
Rs. 23,78,86,420/-
Pre-allotment Equity Shares
2,23,31,242/-
Post-allotment Equity Shares
2,37,88,642/-
Acquisition of WBIPL Shareholding
99.96%
🏢 How This Affects the Company
📈
Business Impact
The acquisition of Wire Brigade Industries Private Limited will make it a wholly-owned subsidiary, expanding the company's operational footprint.
💰
Financial Impact
The preferential allotment increases the company's paid-up equity capital by INR 1,45,74,200 to INR 23,78,86,420, raising INR 33,22,87,200 in cash and consideration other than cash.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this allotment.
👤
Who Is Affected
Existing shareholders are affected by the dilution of their equity stake due to the allotment of new shares.
🔍
Management Signal
Management is actively pursuing capital raise and strategic consolidation through acquisitions.

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

👁 Watch List - track these upcoming events
Q3 FY27 financial results to assess operational integration of WBIPL.
Disclosure of promoter shareholding post-allotment.
Any further announcements on WBIPL operational synergy.
MEDIUM RISK Dilution of existing equity and integration risks associated with the acquired entity.
💡 Investor Takeaway
Systematic Industries Limited raised INR 33,22,87,200 through preferential allotment and acquired 99.96% of WBIPL, making it a wholly-owned subsidiary.
⚖️ Strengths & Concerns

✅ Positives

  • Successful fundraise of INR 33,22,87,200 via preferential allotment, bolstering capital base.
  • Acquisition of 99.96% of Wire Brigade Industries Private Limited enhances consolidation and control.
📅 Company Track Record
Systematic Industries Ltd previously approved financial results and raised INR 33.23 Crore via preferential allotment while acquiring 99.96% of WBIPL.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the total amount raised by Systematic Industries through the preferential allotment?
Systematic Industries Limited raised INR 33,22,87,200/- through the allotment of 14,57,400 equity shares at INR 228/- each.
What percentage of Wire Brigade Industries Private Limited did Systematic Industries acquire?
Systematic Industries Limited acquired 9,996 Equity Shares of Wire Brigade Industries Private Limited, representing 99.96% shareholding.
How did the paid-up equity capital change after the allotment?
The paid-up equity capital increased from Rs. 22,33,12,420/- to Rs. 23,78,86,420/-, with the number of equity shares increasing to 2,37,88,642/-.
What were the standalone unaudited financial results for the period ended September 30, 2026?
The company approved its standalone unaudited financial results for the half year ended September 30, 2026.

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

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again - explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ 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.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector - takes 5 seconds.