~17.04 lakh equity shares allotted to promoter entity on conversion of warrants
Affle 3i Ltd has allotted ~17.04 lakh equity shares of Rs. 2/- each to Affle Holdings Pte.
By ScoutQuest · · 2 min read
- Shares allotted
- ~17.04 lakh equity shares of Rs. 2/- each, upon conversion of an equal number of warrants
- Paid-up share capital post allotment
- ~Rs. 28.52 crore, divided into ~14.26 crore equity shares of Rs. 2/- each
- Balance consideration pending allotment
- USD 14.99 million (equivalent to Rs. 1424.345 million)
What the company disclosed
Affle 3i Ltd has allotted ~17.04 lakh fully paid-up equity shares of face value of Rs. 2/- each to Affle Holdings Pte. Ltd., the Promoter Company, upon conversion of an equal number of warrants. The route is a preferential allotment.
- Type of securities: equity shares issued and allotted pursuant to conversion of warrants
- Number of investors: 1 (One)
- Shares allotted: 17,04,324
- Face value per share: Rs. 2/-
- Amount received: 75% of the Warrant issue price, Rs. 1,115.25 per warrant, as warrant conversion price for ~17.04 lakh warrants
- Any cancellation or termination of the proposal: Not applicable
Share capital after the allotment
The issued, subscribed and paid-up share capital of the company now stands at ~Rs. 28.52 crore, divided into ~14.26 crore equity shares of Rs. 2/- each.
Balance consideration still to come
The allotment of equity shares for the remaining USD 14.99 million (equivalent to Rs. 1424.345 million) remitted by the Promoter Company will be done subject to currency conversion from USD to INR.
Listing status
The company is in the process of applying for listing of the allotted shares with the stock exchanges, NSE and BSE.
How a retail investor can read this
- This is a promoter entity converting warrants it held into equity shares, which brings money into the company and increases the total number of shares in issue.
- Because more shares now exist, each existing share represents a slightly smaller slice of the company. This is commonly called dilution.
- The paid-up capital figure quoted by the company already includes these ~17.04 lakh shares.
- A part of the promoter funding, USD 14.99 million, is still to be converted into shares, so the share count can rise further when that allotment happens.
Points to track
- The listing approval from NSE and BSE for the newly allotted shares.
- The allotment linked to the balance USD 14.99 million, which depends on conversion of USD into INR.
Also from Affle 3I
Affle 3I Ltd promoter buys 2.12% stake, holding rises to 42.74%
23 Oct 2026
Allotment of ~12.77 lakh equity shares on conversion of warrants to promoter Affle Holdings
21 Oct 2026
Supreme Court grants stay on CIRP proceedings of Bobble
16 Oct 2026
More numbers
- Equity shares allotted on warrant conversion17,04,324
- Face value per equity shareRs. 2/-
- Issued, subscribed and paid-up share capital after allotmentRs. 285,237,344
- Total equity shares of Rs. 2/- each after allotment142,618,672
- Balance amount remitted by Promoter CompanyUSD 14.99 million
- Balance amount, rupee equivalentRs. 1424.345 million
- Warrant issue price per warrantRs. 1,115.25 per warrant
- Number of investors in the preferential allotment1 (One)
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