Wealth First Portfolio Managers allots ₹52.1 crore preferential issue

What happened

In a filing with the BSE on 26 October 2026 at 12:15 PM, Wealth First Portfolio Managers (WEALTH) said that it has allotted preferential issue of ₹52.1 crore.

How big is it?

At ₹52.1 crore, the issue is equal to about 5.8% of the company's market value of ₹897 crore.

Company snapshot

Wealth First Portfolio Managers is a micro-cap company, with a market value of about ₹897 crore.

The stock last traded at ₹842.2, against a 52-week range of ₹775–₹1,219 (30.9% below the high).

Before this filing the shares had moved +0.2% over the month and −12.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.98 crore.

Promoters held 74.04% at the end of Q1 FY27. Foreign institutions owned 0.00% and domestic institutions 0.10%.

What history shows

BCEIE has no earlier fund raising filing from this company on record since May 2026.

Market-wide, 1,642 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.

What to watch

• How the money raised is used and, for equity instruments, the dilution for existing shareholders.
• 26 October 2026: Board meeting — Fund Raising/Other business matters.

In the news

Recent coverage elsewhere (links open the original publisher):

• Wealth First Portfolio Managers Ltd. Estimates – NSE:WEALTH — TradingView, 24 Oct 2026
• Wealth First Portfolio Managers to Consider Preferential Issue on October 26 — Whalesbook, 19 Oct 2026
• Wealth First Portfolio Managers: પ્રીફરન્શિયલ ઇશ્યૂ લાવવાની તૈયારી, ૨૬ ઓક્ટોબરે મળશે બોર્ડ — Whalesbook, 19 Oct 2026
• Wealth First Portfolio Managers approves share acquisition worth INR 52.10 crore — Business Upturn, 26 Oct 2026
• Wealth First Portfolio Managers announces ₹52.10 crore acquisition and preferential issue — Business Upturn, 26 Oct 2026

Source

• Exchange filing (PDF)