Archive · 23 Jan 2026
PC Jeweller Completes 6.85 Crore Share Allotment
PC Jeweller, a jewelry company, recently completed the allotment of 6.85 crore equity shares by converting fully convertible warrants.
This move helped them raise ₹28,89,38,250 and increased their paid-up equity share capital.
The company's shares went up by 1% on the news.
PC Jeweller is also expanding its retail network and working to reduce its debt.
In the last quarter, their revenue grew by 37%.
Over the past five years, the company's stock has increased by over 310%, making it a strong performer in the long term.
PC Jeweller completed the allotment of 6.85 crore equity shares through warrant conversion.
The company raised ₹28,89,38,250 from the conversion of 68,55,000 warrants at ₹42.15 per warrant.
The paid-up equity share capital increased from ₹732,84,94,855 to ₹739,70,44,855.
Promoter stake decreased marginally from 37.19% to 36.85%, while public shareholding increased to 63.15%.
PC Jeweller reported a 37% growth in standalone revenue for Q3 FY26 and aims to achieve a debt-free balance sheet.
- Who
- PC Jeweller
- What
- Completed allotment of 6.85 crore equity shares through warrant conversion
- When
- January 23, 2026
- Where
- India
- Why
- To raise capital and expand paid-up equity share capital
- Shares Allotted
- 6,85,50,000
- Conversion Price
- ₹42.15 per warrant
- Funds Raised
- ₹28,89,38,250
- Promoter Stake
- 36.85%
- Public Stake
- 63.15%
- Q3 Revenue Growth
- 37%
- Debt Reduction
- 68%
- Stock Performance (1Y)
- -26%
- Stock Performance (5Y)
- +310%