Suvidhaa Infoserve approves ₹12 crore rights issue
Suvidhaa Infoserve (SUVIDHAA) said it has approved rights issue of ₹12 crore. The company is valued at about ₹43.01 crore.
What happened
In a filing with the BSE on 29 October 2026 at 09:41 PM, Suvidhaa Infoserve (SUVIDHAA) said that it has approved rights issue of ₹12 crore.
How big is it?
At ₹12 crore, the issue is equal to about 27.9% of the company's market value of ₹43.01 crore.
Company snapshot
Suvidhaa Infoserve is a micro-cap company, with a market value of about ₹43.01 crore.
The stock last traded at ₹2.05, against a 52-week range of ₹1.77–₹4 (48.8% below the high).
Before this filing the shares had moved −7.2% over the month and −18.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.02 crore.
Promoters held 38.33% at the end of Q1 FY27. Foreign institutions owned 3.16% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1 | -4.3 | -0.2 |
| Q2 FY26 | 1 | -1.6 | -0.08 |
| Q3 FY26 | 1 | -2.2 | -0.1 |
| Q4 FY26 | 1 | -1.3 | -0.09 |
| Q1 FY27 | 2 | -1.9 | -0.09 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock was unchanged 0.0% on average the next trading day and was down 5.6% on average after five days (4 filings with price data).
Market-wide, 1,676 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Jun 2026 | Board Comments On Fine Levied By The Exchange. | 0.0% | −5.6% |
| 30 Jun 2026 | Approval Of Rights Issue For An Amount Not Exceeding Rs. 1200 Lakhs. | 0.0% | −5.6% |
| 30 Jun 2026 | Fund raising | 0.0% | −5.6% |
| 30 Jun 2026 | Board Meeting Outcome for Approval Of Rights Issue For An Amount Not… | 0.0% | −5.6% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 29 October 2026: Board meeting — Fund Raising/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.