Pasupati Fincap Ltd

Open offer overview

• Open offer for Pasupati Fincap Limited to acquire up to 12,22,000 shares at ₹12.
• Represents 26.00% of voting capital; potential 37.55% post-acceptance.

Acquirer and promoter change

• Acquirer to become promoter; promoter group to cease on completion.
• Promoter seller Dinesh Pareekh sells 11.55% to Acquirer; Acquirer holds 11.55% pre-offer.

Financials & funding

• Maximum offer consideration ₹1.4664 crore; funded from own resources; escrow ₹0.37 crore with YES Bank.
• Escrow manager authorized to operate; no bank borrowings.

Key dates & process

• Identified Date: 15 September 2026; Tendering Period: 29 Sept–13 Oct 2026.
• Payment to accepted shareholders within 10 working days after tendering period.

Offer terms & regulatory

• Offer not conditioned on minimum acceptance; not a competing offer.
• Proportional allocation if oversubscribed; minimum marketable lot preserved.

Open offer details

• Open offer to acquire up to 12.22 lakh Pasupati Fincap shares by Uday Narang.
• Detailed Public Statement (DPS) dated August 11, 2025, filed under SEBI SAST regulations.
• DPS published August 12, 2026 in Financial Express, Jansatta, and Mumbai Lakshadeep.
• Enclosure: soft copy of newspaper clipping of the DPS.
• Target: Pasupati Fincap Limited; Acquirer: Uday Narang.
• Regulatory references: SEBI (SAST) Regulations 2011; regs 3(1), 4, 13-15.

Q1 FY2026 standalone results

• Revenue from operations: Rs 45.00 lakh; total income: Rs 45.00 lakh.
• Profit before tax: Rs 33.83 lakh.
• Net profit for the quarter: Rs 33.83 lakh; EPS: Rs 0.72.
• Total expenses: Rs 11.17 lakh.
• Finance cost: Rs 3.20 lakh; employee benefits: Rs 3.05 lakh.
• Other expenses: Rs 4.91 lakh.
• Board approved unaudited results; Limited Review by VR Bansal & Associates.
• Segments: Trading in Fabric Items, Trading in Plastic Products, Service Income.

Promoter stake sale & open offer

• Promoter to sell 11.55% stake (542,925 shares) via SPA dated Aug 5, 2026.
• Open offer for 1,222,000 shares (26%) at Rs 12 per share.
• Open offer subject to requisite approvals.

Balance sheet & capital

• Paid-up capital: Rs 470.00 lakh.
• Reserves: Rs (559.17) lakh.
• Total assets: Rs 60.83 lakh.
• Total liabilities: Rs 60.83 lakh.
• Unallocable assets: Rs 3.93 lakh; unallocable liabilities: Rs 56.65 lakh.

Certificate details

• Certificate dated July 01, 2026 from Skyline Financial Services Pvt. Ltd., RTA, for quarter ending June 30, 2026.