Sobhaygya Mercantile Eyes Growth Surge via Preferential Equity Raise

Sobhaygya Mercantile Ltd, a Nagpur-based infrastructure specialist in road development, mining, and engineering, announced board deliberations for fundraising via preferential issue of equity shares. The move, per BSE intimation on December 15, 2025, aims to infuse fresh capital post its 2024 rights issue of ₹17.14 crore at ₹21/share (34:1 ratio).​

Fundraise Focus Areas:

Primarily working capital for EPC projects, equipment leasing, and coal mine operations under recent allotments.​

General corporate purposes including debt repayment and new tenders in irrigation/steel segments.​

Compliant with SEBI ICDR norms; pricing, quantum, and allottees to be finalized post-approvals.​

With 75%+ promoter holding and multibagger returns exceeding 1,600% in recent years, this strengthens balance sheet for ₹100 Cr+ order pipeline.

Sources: BSE Announcements, Sobhagyaltd.com, Economic Times, IPOCentral.in.