INDIA IPO
  • Home
  • About
    • About us
    • Our CSR
  • Services

    IPO

    • Initial Public Offering (IPO)
    • SME IPO Consultation
    • Mainline IPO Consultation
    • Follow-On Public Offer (FPO)
    • Pre-IPO Funding Consultants

    Capital Raising

    • Social Stock Exchange
    • Private Placement
    • Project Funding
    • REIT
    • SM REIT
    • Rights Issue Advisory
    • InvIT Rights Issue
    • InvIT Public Issue
    • InvIT Private Issue
    • Debt Syndication
    • Securitised Debt Instruments
    • Public Municipal Debt
    • Private Municipal Debt

    Finance Advisory

    • Business Valuation
    • Corporate Finance
    • Financial Modelling
    • Project Finance
  • Investors
  • Merchant Bankers

    SME

    • List of SME Merchant Bankers

    MAINBOARD

    • List of Mainboard Merchant Bankers
  • Resources

    Reports

    • Daily Reporter
    • IPO Calendar
    • Mainline IPO Report
    • SME IPO Report
    • SME IPOs by Sector
    • Mainboard IPOs by Sector

    IPO Knowledge

    • IPO World Magazine
    • IPO Process
    • Pre-IPO Process Guidance
    • IPO Blogs
    • Sector Wise IPO List In India
    • List of IPO Registrar

    Notifications / Circulars

    • BSE SME Eligibility Criteria
    • SEBI ICDR Amendment Regulations March 2025
    • SEBI SME IPO ICDR Amendments report Mar–Nov 2025
    • NSE Emerge Eligibility Criteria
    • ICDR
  • News/Updates
    • Markets & Money Update
    • IPO & Market Snaps
  • Contact Us
  • Check IPO Feasibility
Check IPO Feasibility
INDIA IPO
INDIA IPO

Contact Info:

  • +91-96506-37280
  • +011-47008280
  • info@indiaipo.in
  • 808, 8thFloor D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034.
shape
  1. Home
  2. News
  3. Prabha Energy Completes Rights Issue with Allotment of 96.67 Lakh Shares
ipo services in India
India IPO
  • 08 Apr 2026
  • X
 Prabha Energy Completes Rights Issue with Allotment of 96.67 Lakh Shares

Prabha Energy Limited successfully concluded its rights issue process with the Rights Issue Committee approving allotment of 96,67,258 partly paid-up equity shares at ₹144 per share. The ₹13920.85 lakh rights issue ran for 18 days and resulted in modification of the company's paid-up share capital structure, with shareholders paying ₹48.96 per share on application and balance payable through future calls.

Prabha Energy Completes Rights Issue with Allotment of 96.67 Lakh Shares

Prabha Energy Limited has successfully completed its rights issue process with the Rights Issue Committee approving the allotment of 96,67,258 partly paid-up equity shares. The development follows the closure of the company's ₹13920.85 lakh rights issue period, marking a significant milestone in the company's fundraising initiative.

Rights Issue Committee Meeting Outcome

The Rights Issue Committee meeting held on April 07, 2026, approved the allotment based on the Letter of Offer dated March 05, 2026. The allotment was finalized in consultation with the Registrar to the Issue and approved by the National Stock Exchange of India Limited as the designated stock exchange. The committee meeting was conducted from 08:10 pm to 08:30 pm.

Parameter: Details Shares Allotted: 96,67,258 Partly Paid-up Equity Shares Face Value: ₹1 per share Issue Price: ₹144 per share (including premium of ₹143) Amount Paid on Application: ₹48.96 per share (including premium of ₹48.62) Total Issue Size: ₹13920.85 Lakhs

Modified Share Capital Structure

Following the allotment, Prabha Energy Limited's paid-up equity share capital structure has been modified as detailed below:

Share Type: Number of Shares Face Value (₹) Amount (₹) Fully Paid-up Equity Shares: 13,69,05,531 1 13,69,05,531 Partly Paid-up Equity Shares: 96,67,258 1 96,67,258

Payment Structure and Future Calls

The rights issue follows a structured payment mechanism where shareholders have paid ₹48.96 per equity share on application. The balance amount will be payable through subsequent two calls, with timing to be determined by the Board or Rights Issue Committee at their discretion.

Rights Issue Timeline

The comprehensive rights issue process was executed over an 18-day period with the following key milestones:

Milestone: Date & Time Letter of Offer: March 05, 2026 Issue Opening: March 20, 2026 at 9:00 a.m. IST Issue Closure: April 06, 2026 at 5:00 p.m. IST Committee Meeting: April 07, 2026 (08:10 pm - 08:30 pm)

Regulatory Compliance

The allotment announcement was made under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was sent to both BSE Limited and National Stock Exchange of India Limited. The notification was signed by Nikita Agarwalla, Company Secretary & Compliance Officer, with digital signature applied on April 07, 2026 at 20:33:30 +05'30'. Additional details are available on the company's website at www.prabhaenergy.com .

Prabha Energy Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI depositories regulations for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed the confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 07, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited through Company Secretary and Compliance Officer Nikita Agarwalla.

Filing Details: Information Filing Date: April 07, 2026 Quarter Ended: March 31, 2026 Regulation: SEBI Regulation 74(5) Filed By: Nikita Agarwalla, Company Secretary Membership No.: A69933

Registrar Confirmation

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent. The confirmation was provided by Ashok Shetty, Sr. Vice President-Corporate Registry, dated April 01, 2026.

Compliance Confirmations

The registrar confirmed several key compliance aspects for the quarter:

Securities received from depository participants for dematerialisation were properly confirmed to depositories

All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed

Security certificates received for dematerialisation were confirmed or rejected within prescribed timelines

Physical certificates were mutilated and cancelled after due verification by depository participants

Depository names were substituted in the register of members as registered owners

Corporate Information

Company Details: Information BSE Scrip Code: 544379 NSE Symbol: PRABHA RTA: MUFG Intime India Private Limited RTA CIN: U67190MH1999PTC118368

This quarterly submission demonstrates Prabha Energy Limited's adherence to SEBI regulations governing depositories and participants, ensuring proper handling of securities dematerialisation processes during the quarter ended March 31, 2026.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.

Recent News

After 30,000 Layoffs, Oracle Brings in $950,000 CFO - Who Is Hilary Maxson?
After 30,000 Layoffs, Oracle Brings in $950,000 CFO - Who Is...
08 Apr 2026
'West Asia conflict duration, oil price trajectory hold key for markets'
'West Asia conflict duration, oil price trajectory hold key...
08 Apr 2026
Small-cap NBFC stock Aye Finance surges 14% amid stock market rally; do you own?
Small-cap NBFC stock Aye Finance surges 14% amid stock marke...
08 Apr 2026
You inherited a house and old shares - the taxman is waiting. Here's how to legally pay almost nothing.
You inherited a house and old shares - the taxman is waiting...
08 Apr 2026
Svatantra Microfin said to prepare for $250 million India IPO
Svatantra Microfin said to prepare for $250 million India IP...
08 Apr 2026
Om Power Transmission IPO opens tomorrow: Check price-band, GMP and other key details
Om Power Transmission IPO opens tomorrow: Check price-band,...
08 Apr 2026
Prudential plc reduces shareholding in Mahanagar Gas Limited to 2.41%
Prudential plc reduces shareholding in Mahanagar Gas Limited...
08 Apr 2026
KreditBee turns unicorn with $280 million funding, gears up for IPO push
KreditBee turns unicorn with $280 million funding, gears up...
08 Apr 2026
SEBI IPO rule change: Why the regulator grants 1-time extension to IPO validity - 5 things investors must know
SEBI IPO rule change: Why the regulator grants 1-time extens...
08 Apr 2026
Wipro Allots 102,526 Equity Shares Under ESOP Plans on April 7, 2026
Wipro Allots 102,526 Equity Shares Under ESOP Plans on April...
08 Apr 2026
pre ipo advisory services in India
  • GST No: 07AAHCB7068H2ZF

India IPO is a leading Indian business services platform that helps firms and companies to launch their initial public offerings (IPOs) in order to raise essential capital for growth and expansion while adding value & fueling the nation’s immense potential and future opportunities.

Follow us:

Facebook Twitter LinkedIn Instagram YouTube

Quick Links

  • Home
  • Blogs
  • Consultant
  • Youtube Videos
  • News
  • Contact Us
  • Career

Contact Information:

  • Corporate Office: 808, 8th Floor, D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034
  • Regional Office: Office No. 601, Shagun Insignia, Ulwe, Sector-19, Navi Mumbai- 410206
  • Email: info@indiaipo.in
  • Mobile: +91-74283-37280, +91-96509-82781
  • Disclaimer  |
  • Privacy & Policy  |
  • Terms & Conditions  

Copyright © All rights reserved by - Bmarkt Tecamat Private Limited