Uvspider (UVS Hospitality) raises Rs 66.1 crore via preferential share, warrant issue
What's the deal? Uvspider (UVS Hospitality)Dealroom has a profile for this one. Try Dealroom → has approved preferential allotments of 216,000 equity shares and 445,000 convertible warrants to non-promoter entities, raising a combined Rs 66.1 crore (about $6.9 million). The post-IPO equity issue was announced in August 2026.
Breaking it down: The equity share allotment totals Rs 21.6 crore, lifting the company's paid-up capital from Rs 40,51,98,570 to Rs 40,73,58,570. Allottees include Rane Sulbha Kishore, Jigisha Vaidh, and Murlidhar Mohanlal Lakhiani HUF.
On the warrants: The warrant portion, priced at Rs 44.5 crore, could push paid-up capital to Rs 41,18,08,570 on full conversion within 18 months. Mallinath Madineni HUF and Babulal Agarwal HUF are among the allottees.
The fine print: Each warrant carries the right to subscribe to one equity share. Warrants left unexercised at the end of the 18-month tenure will be forfeited.
The signal: The mix of upfront equity and convertible warrants lets Uvspider lock in capital now while giving investors an 18-month window to add more — a structure that ties fresh funding to the company's near-term performance.
Read more: Balaji Equities
Image credit: Dennis Wong
