Multibagger Solar Penny Stock Below Rs 50: Company allots 2,50,000 equity shares on conversion of warrants to Nikhil Rawat & Kajal Rawat

RDB Infrastructure and Power Limited has allotted 2,50,000 equity shares to Nikhil Rawat (1,25,000 shares) and Kajal Rawat (1,25,000 shares), following the conversion of their warrants. This preferential allotment, approved by the Board of Directors, occurred upon receiving the balance payment of Rs 75,93,750 (Rs 40.5 per warrant), which represents 75 per cent of the issue price. As a result, the company's issued and paid-up capital has increased to Rs 19,83,84,000, comprising 198,384,000 equity shares of Re 1 each, which rank equally with existing shares.

Earlier, the company formally collaborated with Bigbull Infrabuild Private Limited through a Memorandum of Understanding. This agreement outlines the joint development of a Commercial/multi-storied Retirement Housing Project on RDB Infrastructure's 2.8375-acre land parcel situated in Sector-70A, Village Palra, Sub-Tehsil Badshahpur, Gurgaon, Haryana. While the specific size of the agreement is not disclosed, key terms include a revenue-sharing model where RDB Infrastructure will receive 31.5 per cent and Bigbull Infrabuild will receive 68.5 per cent.

About the Company

RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Ltd), founded in 1981, is a prominent real estate & solar services-related company in India. With a strong presence in major cities like Kolkata, Mumbai, and Hyderabad, they specialise in both residential and commercial projects. Their portfolio includes high-rise apartments, integrated townships, office spaces, and shopping malls. The company is committed to quality and innovation, aiming to deliver exceptional living and working spaces. By focusing on customer satisfaction and sustainable development practices, RDB Realty & Infrastructure Ltd has established itself as a trusted name in the Indian real estate industry.

According to Quarterly Results, the net sales increased by 120 per cent to Rs 67.56 crore and net profit increased by 186 per cent to Rs 2.72 crore in Q1FY26 compared to Q1FY25. In its annual results, the net sales increased by 60 per cent to Rs 107.71 crore and net profit increased by 105 per cent to Rs 5.54 crore in FY25 compared to FY24.

The stock’s 52-week high is Rs 62.68 per share and its 52-week low is Rs 36.14 per share. The company has a market cap of over Rs 700 crore, with promoters holding 70.28 per cent stake, FIIs holding 0.25 per cent and the pubic owning 29.47 per cent stake. The stock is up by 12 per cent from its 52-week low of Rs 36.14 per share and has given multibagger returns of 2,800 per cent in 5 years.

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