Synopsis:
Sellwin Traders jumped sharply after converting the issuance of 49.35 lakh warrants into 49.35 lakh equity shares with a face value of Rs 2 each, fulfilling the SEBI’s 18-month fulfillment condition.
The shares of this major realty stock are in focus after converting a large number of warrants into equity shares at Rs 5.50 per share. In this article, we will dive more into the details.
With a market capitalization of Rs 312 crore, the shares of Sellwin Traders Ltd made a day high of Rs 13.57 per share, up by 2 percent (upper circuit) from its previous day closing price of Rs 13.31 per share. In the last one year, the stock has declined by over 45 percent.
About the announcement
On September 13, 2025, the Board of Directors of Sellwin Traders Limited approved the conversion of 49.35 lakh warrants into 49.35 lakh equity shares with a face value of Rs 2 each. Earlier, these warrants were allotted to some investors who have now paid the balance amount and converted them into shares.
With this, the total paid-up equity capital of the company has gone up to approximately 23.49 crore shares. All the new shares will have the same rights as the existing ones.
Shares were issued at Rs. 5.50 per share. The investors had paid 25 percent of the subscription amount (Rs. 1.375 per share) on an upfront basis. The balance of 75 percent (Rs. 4.125 per share) had been paid to complete the process.
The new shares have been allotted to Neelam Dharmesh Patel, Smita Patel, Patel Mitesh, and Falgun Anilkumar Yagnik. After this conversion, the individual shareholding of Neelam Patel and Smita Patel has become 0.76 percent each, while that of Falgun Yagnik and Patel Mitesh has increased 0.37 percent and 0.21 percent respectively.
According to SEBI regulations, the warrant holders were given a period of 18 months to exercise their option of converting warrants into shares. If they had failed to do so within this period, their original 25 percent payment would have been forfeited. Since the balance payment was made on time, the conversion has been carried out without any problems.
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Financial Highlights
Sellwin’s revenue for Q1 FY26 came in at Rs 21.85 crore, up by 31 percent from Rs 16.64 crore in the same quarter last year. However, on a sequential basis, revenue declined by 11 percent from Rs 24.61 crore in Q4 FY25.
Coming to its profitability, the company reported a net profit growth of 349 percent to Rs 3.14 crore in Q1 FY26 as compared to Rs 70 lakh in Q1 FY25. Additionally, on a QoQ basis, it recorded a growth of 528 percent from Rs 50 lakh.
The company has delivered an ROE and ROCE of 6.28 percent and 8.25 percent respectively, and is currently trading at a high P/E of 59.65x as compared to its industry average of 25.45x.
Sellwin Traders Limited is an Indian company that deals in real estate and property services. The company is primarily engaged in property investment and, in addition, it deals in the investment and trading of shares and securities. Besides, the company performs financial and advisory services and trades in commodities.
Written by Satyajeet Mukherjee
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