Comfort Fincap Gets BSE Approval for Listing of Additional 7.6 Million Shares
By Ankur Chandra | Published at: Jul 8, 2025 04:39 PM IST
Mumbai, July 8, 2025: Comfort Fincap Ltd (BSE: 535267) has received trading approval from BSE Limited for the listing of 76,76,000 equity shares of face value ₹2 each, issued on a preferential basis at a premium of ₹7 per share, bringing the total issue price to ₹9 per share.
Trading Approval Details
The regulatory filing by Comfort Fincap, dated July 8, 2025, confirmed that the approval was granted by BSE via letter reference LOD/PREF/SV/140/2025-2026 on July 7, 2025. This approval was issued under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs how listed entities must disclose material events or information to stock exchanges.
Share Capital Comparison
This preferential allotment significantly boosts the company’s capital base, injecting approximately ₹6.91 crore (76,76,000 shares at ₹9 per share) into the company. This move reflects investor confidence in Comfort Fincap’s growth trajectory and provides the company with additional capital for its investment and lending activities.
Here’s a summary of the allotment terms:
| Particulars | Pre-Issue (Estimated) | Post-Issue Increase |
|---|---|---|
| Face Value (₹) | 2 | 2 |
| Shares Allotted | — | 76,76,000 |
| Total Consideration | — | ₹6.91 crore |
Preferential Allotment Terms
| Parameter | Details |
|---|---|
| Number of Shares | 76,76,000 |
| Face Value per Share | ₹2 |
| Premium per Share | ₹7 |
| Total Issue Price | ₹9 |
| Issue Mode | Preferential Allotment |
Preferential shares are a type of equity that gives shareholders certain privileges, primarily in terms of dividend payouts and claims on the company’s assets upon liquidation, before common shareholders. They are often issued by companies to raise capital without diluting the voting rights of existing shareholders, as preferential shares typically do not carry voting rights. This makes them attractive to investors seeking a more stable income stream or a higher degree of security compared to ordinary equity shares.
Share Price Performance
The shares of Comfort Fincap closed at ₹9.09, up by 1.56% or ₹0.14. The shares made an intraday high of ₹9.09 and a low of ₹8.84.
What’s Next For Comfort?
With BSE’s nod for trading 76.76 lakh preferential shares at ₹9 each, Comfort Fincap has secured fresh capital of Rs. 6.91 crore. This capital infusion will likely strengthen its investment and lending operations. The preferential route also signals investor confidence without diluting voting rights. Going forward, focus will likely shift to how effectively the company deploys these funds to boost profitability and scale operations. Market attention will remain on business performance, loan book growth, and asset quality in upcoming quarters.
About the Company
Comfort Fincap Ltd is a listed non-banking financial company (NBFC) headquartered in Kolkata with a corporate office in Mumbai. It is engaged in investment and lending activities across India. The company is listed on BSE under the scrip code 535267.
For further updates, investors are advised to monitor official filings and corporate disclosures.
REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/b2213504-6590-4011-9ff2-12da5dc80cda.pdf
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