Key Quantitative Figures
- Number of shares allotted: 50,000 Equity Shares of face value ₹10 each
- Exercise price per share: ₹39.55
- Premium per share: ₹29.55
- Total money realized: ₹19,77,500 (excluding taxes)
- Diluted EPS post-issue: ₹1.41
Capital Structure Impact
Consequent to the allotment, the company's issued, subscribed and paid-up equity share capital increased:
- Pre-allotment equity capital: ₹3,905,16,1050 (divided into 24,05,16,105 equity shares and 15,00,00,000 preference shares of ₹10 each)
- Post-allotment equity capital: ₹39,05,66,1050 (divided into 24,05,66,105 equity shares and 15,00,00,000 preference shares of ₹10 each)
- Distinctive numbers allotted: 24,05,16,106 to 24,05,66,105 (both inclusive)
Plan Details
- ESOP Plan: NITCO - Employee Stock Option Plan 2019
- Options vested: 50,000 options granted on July 8, 2019
- Exercise period: Vested options can be exercised within 7 years from respective vesting dates
- Options exercised: 50,000
- Options lapsed: Not applicable
Additional Information
- Shares allotted in dematerialized form (no physical certificates)
- No lock-in restrictions on the allotted shares
- Allotted shares rank pari-passu with existing equity shares
- No listing fees payable for this issuance
- Company had obtained in-principle approvals from BSE and NSE prior to introduction of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021