Pasupati Fincap Ltd (511734)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Pasupati Fincap's net interest income was ₹0.4 Cr, and net profit ₹0.3 Cr (against a loss a year earlier).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹0.4 | from loss | from loss |
| Operating profit | ₹0.3 | — | — |
| Net profit | ₹0.3 | from loss | from loss |
| EPS (₹) | 0.72 | from loss | from loss |
📢 Recent Corporate Announcements
Fintellectual Corporate Advisors submitted the Pre-Offer Public Announcement and Corrigendum to the Detailed Public Statement for the acquisition of up to 12,22,000 equity shares of Pasupati Fincap Limited by Mr. Uday Narang. The document was published across Financial Express, Jansatta, and Mumbai Lakshadeep on September 30, 2026. This open offer process is governed under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The target company currently has a market capitalization of approximately ₹8 crore with existing promoter holding at 11.55%.
- Open offer to acquire up to 12,22,000 fully paid-up equity shares of Pasupati Fincap Limited
- Acquisition being made by Mr. Uday Narang ('Acquirer')
- Pre-offer announcement published across newspapers on September 30, 2026
- Detailed public statement corrigendum dated September 29, 2026 submitted by Manager to the Open Offer
Pasupati Fincap Limited announced the voting results for its 31st Annual General Meeting held on September 28, 2026. Shareholders approved all three resolutions, including the adoption of FY26 financial statements, the reappointment of retiring director Mr. Rishabh Talwar, and the rescission of a special resolution passed at a prior EGM. Across the resolutions, total votes polled represented 19.75% of total outstanding shares (9,28,163 votes out of 47,00,000 shares), passing with over 99.88% approval.
- Total voter turnout stood at 19.7481% of outstanding shares (9,28,163 votes polled on 47,00,000 total shares)
- Adoption of FY26 financial statements passed with 99.9838% votes in favour (9,28,013 votes)
- Re-appointment of Director Mr. Rishabh Talwar approved with 99.9838% votes in favour
- Rescission of previous EGM special resolution approved with 99.8891% votes in favour (9,27,134 votes)
Pasupati Fincap's Independent Directors Committee (IDC) has submitted its recommendations regarding the Open Offer to public shareholders under Regulation 26(7) of SEBI (SAST) Regulations, 2011. The micro-cap NBFC currently holds a market cap of approximately Rs 8 crore with a low promoter holding of 11.55% as of March 2026. Specific pricing and open offer acquisition terms were not disclosed in the filing brief. Investors should assess the offer price against the prevailing market price of Rs 16.2 to evaluate participation.
- Independent Directors Committee submitted recommendations under SEBI (SAST) Reg 26(7)
- Filing pertains to an Open Offer to public shareholders of Pasupati Fincap
- Company market capitalization stands at approximately Rs 8 Cr with share price at Rs 16.2
- Current promoter holding is low at 11.55% as of March 2026
Fintellectual Corporate Advisors submitted the Letter of Offer dispatch confirmation regarding an open offer for Pasupati Fincap Limited. The offer seeks to acquire up to 12,22,000 fully paid-up equity shares from public shareholders by acquirer Mr. Uday Narang. The dispatch advertisement was dated September 25, 2026, and published on September 27, 2026, across Financial Express, Jansatta, and Mumbai Lakshadeep. With Pasupati Fincap's market capitalization around Rs 8 Cr and promoter holding at just 11.55%, this acquisition represents a significant change in ownership.
- Open offer for the acquisition of up to 12,22,000 fully paid-up equity shares
- Acquisition initiated by Mr. Uday Narang under SEBI (SAST) Regulations, 2011
- Letter of Offer dispatch confirmation advertisement dated September 25, 2026
- Advertisements published on September 27, 2026, across three newspapers (Financial Express, Jansatta, Mumbai Lakshadeep)
Acquirer Uday Narang has issued a Letter of Offer to acquire up to 12,22,000 equity shares, representing 26.00% of the voting share capital of Pasupati Fincap Ltd. The open offer is priced at ₹12 per share in cash, representing a discount to the current market price of ₹16.2. The tendering period will open on October 01, 2026, and close on October 15, 2026. This acquisition follows a Share Purchase Agreement entered on August 05, 2026, triggering takeovers regulations.
- Offer to acquire up to 12,22,000 fully paid-up equity shares (26.00% voting share capital)
- Offer price fixed at ₹12 per share payable in cash
- Tendering period scheduled from October 01, 2026 to October 15, 2026
- Target completion date for consideration payment is October 30, 2026
Fintellectual Corporate Advisors has submitted the Draft Letter of Offer for an Open Offer made by acquirer Uday Narang to public shareholders of Pasupati Fincap Ltd. The acquirer proposes to buy up to 12,22,000 fully paid-up equity shares (representing 26.00% of voting share capital) at an offer price of ₹12.00 per share in cash. If fully accepted, the acquirer's aggregate shareholding may reach up to 37.55% of the company's voting capital. The tentative tendering period is scheduled to open on September 29, 2026, and close on October 13, 2026.
- Open offer to acquire up to 12,22,000 shares representing 26.00% voting share capital
- Offer price fixed at ₹12.00 per share payable in cash
- Acquirer's holding may increase up to 37.55% post-offer upon full acceptance
- Cash deposit of ₹37,00,000 placed in escrow with YES Bank Limited
- Tentative tendering period set for September 29, 2026 to October 13, 2026
Uday Narang (Acquirer) has initiated an open offer to acquire up to 12,22,000 fully paid-up equity shares of Pasupati Fincap Ltd. This follows the Detailed Public Statement (DPS) published on August 12, 2026, under SEBI Takeover Regulations. The company is a micro-cap NBFC with a market capitalization of just Rs 6 Cr and a negative net worth of Rs -1 Cr. Given the low promoter holding of 11.55%, this acquisition could lead to a significant change in control and management.
- Open offer for acquisition of up to 12,22,000 equity shares from public shareholders.
- Acquirer identified as Uday Narang, targeting a company with a current promoter holding of only 11.55%.
- Detailed Public Statement published on August 12, 2026, in Financial Express and Jansatta.
- Company reported a net loss of Rs -0.3 Cr for FY26 with a negative net worth of Rs -1 Cr.
- TTM revenue stands at approximately Rs 0.11 Cr, indicating a largely dormant business state.
Pasupati Fincap reported a sharp turnaround in Q1 FY27, posting a net profit of Rs 33.83 Lakhs compared to a loss of Rs 7.28 Lakhs in the same quarter last year. Revenue surged to Rs 45 Lakhs, entirely from a new 'Service Income' segment, representing over 400% of the total FY26 revenue. Concurrently, the company announced a change in control as the promoter agreed to sell their entire 11.55% stake to Mr. Uday Narang. This has triggered a mandatory open offer for 26% of the company at Rs 12 per share, which is near the current market price.
- Net Profit of Rs 33.83 Lakhs in Q1 FY27 vs a loss of Rs 7.28 Lakhs in Q1 FY26.
- Revenue from operations reached Rs 45.00 Lakhs, a significant jump from zero in the prior year's quarter.
- Open offer announced for 12,22,000 shares (26% stake) at a price of Rs 12.00 per share.
- Promoter to sell entire holding of 5,42,925 shares (11.55% stake) to acquirer Uday Narang.
- Company transitioned from a negative EPS of -Rs 0.15 to a positive EPS of Rs 0.72 YoY.
Ms. Deepali Sehrawat has resigned from her position as Company Secretary and Compliance Officer (Key Managerial Personnel) at Pasupati Fincap Ltd. The resignation is effective from the close of business hours on September 10, 2026, citing personal and unavoidable reasons. This change occurs in a micro-cap company with a market capitalization of just ₹6 Cr and a negative net worth of ₹-1 Cr. The company reported minimal operations with FY26 revenue of ₹0.11 Cr and a net loss of ₹0.3 Cr.
- Resignation of Ms. Deepali Sehrawat as Company Secretary and Compliance Officer effective September 10, 2026.
- Company reported a net loss of ₹0.3 Cr for FY26 on a total revenue of ₹0.11 Cr.
- Market capitalization is approximately ₹6 Cr with a negative net worth of ₹-1 Cr as per latest context.
- Promoter holding remains low at 11.6% as of March 2026.
Pasupati Fincap has reported a significant turnaround in Q1 FY27, posting a net profit of Rs 33.83 Lakhs compared to a loss of Rs 7.28 Lakhs in the same quarter last year. Revenue surged to Rs 45 Lakhs from zero, entirely attributed to a new 'Service Income' segment. Parallel to these results, the company announced a change in control: the current promoter is selling their entire 11.55% stake to Mr. Uday Narang. This has triggered a mandatory Open Offer for an additional 26% stake at Rs 12 per share, which is near the current market price.
- Net Profit of Rs 33.83 Lakhs in Q1 FY27 vs a loss of Rs 7.28 Lakhs in Q1 FY26.
- Revenue from operations reached Rs 45 Lakhs, which is 409% of the total revenue generated in the entire FY26 (Rs 11 Lakhs).
- Open Offer announced for 12,22,000 shares (26% stake) at Rs 12.00 per share following a Share Purchase Agreement.
- Promoter to exit completely by selling 5,42,925 equity shares (11.55% stake) to the acquirer, Mr. Uday Narang.
- Total Assets increased to Rs 60.83 Lakhs as of June 2026, up from Rs 11.96 Lakhs in March 2026.
Pasupati Fincap Ltd has scheduled a board meeting for August 11, 2026, to review and approve its unaudited standalone financial results for the quarter ended June 30, 2026. The company is a micro-cap NBFC with a market capitalization of only ₹5 Cr and a negative net worth of ₹-1 Cr as per latest data. Financial performance remains stressed, with FY26 total revenue at just ₹0.11 Cr and a net loss of ₹0.3 Cr. The trading window for insiders has been closed since July 01, 2026, in compliance with SEBI regulations.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results
- Trading window for insiders closed from July 01, 2026, until 48 hours post-results
- Company reported a net loss of ₹0.07 Cr in the preceding quarter ended March 2026
- Total revenue for the full year FY26 stood at a marginal ₹0.11 Cr
- Promoter holding remains low at 11.55% as of March 2026
Promoter Dinesh Pareekh has entered into a Share Purchase Agreement (SPA) on August 05, 2026, to sell his entire 11.55% stake (5,42,925 shares) to Uday Narang. This transaction triggers a mandatory Open Offer under SEBI (SAST) Regulations as it involves a change in control of the company. Pasupati Fincap is currently a distressed entity with a negative net worth of Rs -1 Cr and negligible TTM revenue. Upon completion, the existing promoter directors will resign, and the acquirer will take over management control.
- Sale of 5,42,925 equity shares representing 11.55% of the total voting share capital
- Acquirer Uday Narang held 0% shares prior to this agreement
- Mandatory Open Offer triggered for public shareholders under SEBI (SAST) Regulations
- Existing promoter directors to resign from the Board upon completion of the transaction
- Company reported a net loss of Rs -0.3 cr for FY26 with a negative net worth of Rs -1 cr
Uday Narang has entered into a Share Purchase Agreement (SPA) to acquire an 11.55% stake from the current promoter at ₹12 per share, triggering a mandatory open offer for an additional 26% stake at the same price. The offer price of ₹12 represents a slight premium over the current market price of ₹11.5. This transaction signals a complete change in control for the company, which currently has zero revenue and a negative net worth of ₹1 Cr. Investors should note that the total potential holding of the acquirer could reach 37.55% post-offer.
- Open offer price of ₹12 per share for up to 12,22,000 equity shares (26% stake).
- Acquirer Uday Narang to purchase 5,42,925 shares (11.55%) from promoter Dinesh Pareekh via SPA.
- The company reported zero revenue and a net loss of ₹0.3 Cr for FY26.
- Target company has a negative net worth of ₹-1 Cr as per latest financial context.
- Detailed Public Statement (DPS) to be published by August 12, 2026.
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