Soma Textiles Stock Up by More Than 30% in the Past 3 Days
By Ankur Chandra | Updated at: Jul 15, 2025 01:28 PM IST
Mumbai, July 15, 2025 – Shares of Soma Textiles & Industries Ltd (BSE: 521034, NSE: SOMATEX) have gained more than 30% in the past 3 trading days. At 1:20 p.m. IST, 15th July, the stock is up by 10% at Rs 78.23. In the past 5 days the stock has gained more than 70%. The increase follows news that the existing promoter group will completely exit the company by selling its stake to aa group of acquirers.
Promoter Group to Exit via ₹87.67 Crore Share Purchase Agreement
On July 10, Soma Textiles notified exchanges that its Promoter and Promoter Group had executed a Share Purchase Agreement (SPA) dated July 9, 2025, with Roadway Solutions India Infra Ltd (Acquirer), Ameet Harjinder Gadhoke (PAC 1), and Teja Ranade Gadhoke (PAC 2).
- Under the SPA, the acquirers will buy 2,47,68,058 fully paid-up equity shares of Soma Textiles.
- This represents 74.98% of the company’s paid-up capital.
- The total deal value is ₹87.67 crore.
- As per SEBI’s takeover regulations, the agreement includes a mandatory open offer to public shareholders.
- Once the transaction is completed:
- The existing promoter group will fully exit the company.
- The acquirers will be reclassified as the new promoters.
Stock Price Performance: Sharp Uptrend Post-Deal Disclosure
Since the filing made post-market hours on July 10, SOMATEX has witnessed sustained buying interest:
| Date | Close Price (₹) | % Change | Remark |
|---|---|---|---|
| July 10 | 57.55 | – | SPA disclosure (after market) |
| July 11 | 63.50 | +10.34% | Positive investor sentiment |
| July 12 | 71.12 | +11.98% | Follow-through rally |
| July 15* | 77.85 (intraday) | +9.46% | Hits fresh 52-week high |
*Note: July 13 was a market holiday (Sunday).
The total gain over the three sessions stands at ₹20.30, translating to a 35.27% increase since the disclosure.
Key Trade Metrics
| Metric | Value |
|---|---|
| 52-Week High | ₹78.23 (Today) |
| Volume (Shares Traded) | 23.11 lakh |
| Total Market Capitalisation | ₹257.16 crore |
| VWAP | ₹77.03 |
| Buy Quantity | 1,19,418 shares |
| Sell Quantity | 25,376 shares |
The stock is trading well above its daily VWAP, with a high buy-to-sell quantity ratio, indicating aggressive accumulation.
Strategic Implications
With the promoter group slated to fully exit, and a new acquirer taking over 75% stake, the company may undergo a strategic revamp. Market participants are likely pricing in a fresh outlook, operational restructuring, or capital infusion under new management. However, the final impact will depend on post-acquisition plans and open offer developments.
Soma Textiles & Industries Stock Performance
Soma Textiles & Industries shares have gained 10% on July 15, 2025, at 1:00 PM IST. The stocks are trading at ₹78.23. Soma Textiles & Industries shares have gained 134% in the last year, 64% in the year-to-date, and up 80% in the previous month.
About Soma Textiles & Industries
Soma Textiles & Industries Ltd, incorporated in 1940, is engaged in the manufacture and marketing of textiles and related products. It is listed on both BSE and NSE and is currently classified under the “Other Textile Products” industry. The company was listed on August 14, 1996, and operates out of Kolkata (registered office), Ahmedabad (head office), and Mumbai (corporate office).
REF: https://nsearchives.nseindia.com/corporate/SOMATEX_10072025175821_Reg30_30A__LODR_Agreement.pdf
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