Oasis Securities to add 150% more shares via ₹28 cr rights issue
The nano-cap is offering 277.5 million shares at ₹10 each in a 3:2 ratio. Existing shareholders face massive dilution.
— 1 earlier story on Oasis Securities Ltd. →What's new
- Board approved 277.5 million rights shares at ₹10 each, raising ₹27.75 cr.
- Entitlement ratio is 3:2 with record date June 18, 2026.
- Payment in full on application; shares currently outstanding: 185 million.
Why this matters
For a company with a ₹27 cr market cap and zero sales in the last quarter, a rights issue exceeding the entire market valuation is extraordinary. The 150% dilution is a material event for existing shareholders, who must now commit additional capital or see their stake shrink.
What we're watching
- Whether the issue gets fully subscribed given the company's weak financials.
- How the ₹27.75 cr will be deployed after no sales in March 2026.
- Any follow-on announcements regarding utilisation of funds.
The full read
Oasis Securities just set the terms for a rights issue that will test how much faith shareholders have in a nano-cap with no recent revenue. The board approved 277.5 million shares at ₹10 each, raising ₹27.75 crores — more than the company's entire ₹27-crore market cap. The 3:2 ratio means a shareholder with 2 shares will be offered 3 new ones. That's a 150% increase in outstanding shares. The record date of June 18 is just days away, with full payment due on application. In the latest quarter ended March 2026, the company had zero sales and a ₹1-crore net loss. For existing investors, the choice is stark: write a cheque or watch their stake get cut by more than half.
Questions answered
- What are the exact terms of the Oasis Securities rights issue?
- The issue comprises 277.5 million shares at ₹10 each, raising ₹27.75 crores. Eligible shareholders get 3 shares for every 2 held as of June 18, 2026. Payment is due in full on application.
- How does this rights issue compare to the company's market cap?
- The issue size of ₹27.75 crores is roughly equal to the entire market cap of ₹27 crores. The number of shares will increase by 150% if fully subscribed.
- What has the company reported in its latest quarter?
- For the quarter ended March 2026, Oasis Securities reported zero sales and a net loss of ₹1 crore.
- What was the previous board approval for this rights issue?
- In April 2026, the board approved a rights issue of up to ₹30 crores in principle. The current filing provides the specific price, ratio, and record date.
Oasis Securities Ltd.
Latest quarter · Mar 2026
Leverage & growth
Story so far
All notes on OASISEC →- 12 Jun 2026 · 5:24 PM IST Oasis Securities to add 150% more shares via ₹28 cr rights issue
- 3d ago Oasis Securities' ₹30 cr rights issue clears BSE hurdle