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Reading: NBFC penny inventory under Re 1 in focus after conversion of mortgage value ₹94 crore into fairness
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StockWaves > Market Analysis > NBFC penny inventory under Re 1 in focus after conversion of mortgage value ₹94 crore into fairness
Market Analysis

NBFC penny inventory under Re 1 in focus after conversion of mortgage value ₹94 crore into fairness

StockWaves By StockWaves Last updated: May 20, 2025 3 Min Read
NBFC penny inventory under Re 1 in focus after conversion of mortgage value ₹94 crore into fairness
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Penny inventory, Non-banking monetary firm (NBFC), Normal Capital Markets on Monday, 19 Could 2025, introduced that the board of administrators has accepted the allotment of fairness shares to non-promoters as a conversion of excellent loans, in accordance with the change submitting. 

The corporate allotted 72,45,74,640 fairness shares with the face worth of Re 1 apiece for an impressive mortgage quantity of ₹94,19,47,032 at a difficulty worth of ₹1.30.

“We hereby inform you that the Preferential Difficulty Committee of the Board of Administrators of Normal Capital Markets Restricted immediately i.e. Could 19, 2025 has, inter alia, thought-about and accepted the allotment of 72,45,74,640 Fairness Shares face worth of Re 1/- every to the particular person belonging to Non-Promoter, in direction of the conversion of excellent loans, for an mixture mortgage quantity of ₹94,19,47,032/- at a difficulty worth of ₹1.30/- every,” in accordance with the corporate’s BSE submitting on Monday. 

As per the submitting information, the corporate allotted 38,46,15,384 or 38.46 crore fairness shares on a preferential foundation to Flash Merchandise Non-public Restricted, and 33,99,59,256 or 33.99 crore fairness shares on a preferential foundation to YUCCA Retailers Non-public Restricted.

“Consequent to the stated allotment, the Paid-up Fairness Share Capital of the Firm stands elevated to ₹2,45,45,77,640/- comprising 2,45,45,77,640 Fairness Shares of the face worth of Re 1/- every,” they stated.

Normal Capital Markets Share Worth

Normal Capital Markets shares closed 2.56 per cent decrease at ₹0.38 after Monday’s inventory market session, in comparison with ₹0.39 on the earlier market shut. The corporate introduced the mortgage conversion improvement within the afternoon session of the inventory market. 

The NBFC penny inventory has given inventory market traders 1,200 per cent returns ever since its itemizing on the Bombay Inventory Change (BSE) in February 2012.

Within the final one-year interval, the inventory has misplaced 75.78 per cent on the Indian inventory market and is down 60.20 per cent on a year-to-date (YTD) foundation in 2025.

The shares hit their 52-week excessive ranges at ₹1.77 on 7 July 2024, whereas the 52-week low stage was at ₹0.37 on 7 Could 2025, in accordance with the BSE information. The penny inventory’s market capitalisation (M-Cap) was at ₹65.74 crore as of the inventory market shut on 19 Could 2025.

Disclaimer: This story is for academic functions solely. The views and proposals above are these of particular person analysts or broking firms, not Mint. We advise traders to examine with licensed specialists earlier than making any funding selections, as market circumstances can change quickly, and circumstances might differ.

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