Back-to-Back Upper Circuit & Multubagger 300% Returns in 3-Months: This Candy Making Company Allots 5.5 Lakh Equity Shares, Paid-Up Capital Rises to Rs 21.55 Crore

DSIJ Intelligence-2 / 13 Sep 2025/ Categories: Mindshare, Multibaggers, Penny Stocks, Trending

Back-to-Back Upper Circuit & Multubagger 300% Returns in 3-Months: This Candy Making Company Allots 5.5 Lakh Equity Shares, Paid-Up Capital Rises to Rs 21.55 Crore

From its 52-week low of Rs 20.90, the stock has delivered a return of 357 per cent. The stock price hit 64 consecutive upper circuits.

Sampre Nutritions Limited, a small-cap listed company, announced the allotment of 5,50,000 equity shares on a preferential basis following the conversion of warrants. Each share carries a face value of Rs 10. With this issue, the company’s paid-up equity capital has increased to Rs 21,55,68,550, up from Rs 21,00,68,550.

The allotment was approved in a Board meeting held between 3:00 P.M. and 3:45 P.M. IST. It follows a special resolution passed by shareholders on December 8, 2023, and an in-principle approval by BSE Limited on October 29, 2024. The warrants, allotted earlier on November 13, 2024, were converted at an exercise price of Rs 60.50 per warrant, of which Rs 45.375 per warrant (75 per cent of the total) was payable at the time of conversion.

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The total amount received by the company from this conversion stands at Rs 2,49,56,250. Promoter Brahma Gurbani converted 5,00,000 warrants into equity shares, while public allottee Vishal Ratan Gurbani converted 50,000 warrants. Post-allotment, Brahma Gurbani’s holding rose from 8,87,416 shares (4.12 per cent) to 13,87,416 shares (6.28 per cent), while Vishal Ratan Gurbani’s stake increased from 7,505 shares (0.03 per cent) to 57,505 shares (0.26 per cent).

Following this issue, 2,90,000 warrants remain outstanding. These warrant holders retain the right to convert them into equity shares by May 13, 2026, on payment of the remaining 75 per cent of the exercise price. The newly allotted equity shares will rank pari passu with the existing equity shares of the company.

Sampre Nutritions Limited, a Small-Cap confectionery manufacturer, entered into a three-year manufacturing agreement with Rama Exports on August 19, 2025. Under this agreement, Sampre Nutritions will handle the manufacture, supply, quality assurance, and packaging of nutraceutical and food products under its brand specifications. Rama Exports will procure the finished goods at mutually agreed prices. The deal is projected to generate business worth Rs 15 crore, strengthening Sampre Nutritions’ nutraceutical and food operations.

From its 52-week low of Rs 20.90, the stock has delivered a return of 357 per cent. The stock price hit 64 consecutive upper circuits.

Disclaimer: The article is for informational purposes only and not investment advice.