₹5,538 Crore Order Book: Jupiter Wagons Stock Price Surge Over 14% After Allotment of 28.72 Lakh Equity Shares to Promoter

Meanwhile, on December 19, Jupiter Wagons has allotted new equity shares to its promoter through warrant conversion, boosting its capital base and slightly increasing promoter ownership in the company.

Jupiter Wagons Allots 28.72 Lakh Equity Shares to Promoter

Jupiter Wagons Limited (JWL) has announced the allotment of 28,72,340 equity shares to its promoter, TATRAVAGONKA A.S., following the conversion of an equal number of warrants issued on June 29, 2024, on a preferential basis. The company’s Fundraising Committee granted approval on December 19, 2025.

Transaction Terms and Financial Consideration

The warrants were converted at an issue price of ₹470 per unit. Under the original issuance structure, the promoter had paid 25% of this amount (₹117.50 per warrant) as an initial subscription. The remaining 75% (₹352.50 per warrant) has now been paid to complete the conversion.

The total consideration for the transaction amounts to ₹1,34,99,99,800 (approximately ₹135 crore). Each equity share carries a face value of ₹10 and has been issued at a premium of ₹460.

Impact on Share Capital and Ownership Structure

The allotment has resulted in a marginal increase in the company’s share capital and a boost in the promoter’s stake:

• Expanded Capital Base: JWL’s issued, subscribed, and paid-up equity capital has risen from 42,44,98,049 shares to 42,73,70,389 shares.
• Higher Promoter Holding: The promoter group’s combined shareholding has increased from 68.09% to 68.31%.
• Increase in TATRAVAGONKA A.S. Stake: The promoter entity’s individual holding has risen from 18.69% (7,93,45,729 shares) to 19.24% (8,22,18,069 shares).

The company confirmed that all newly issued shares carry pari passu status with the existing shares, ensuring full voting rights and dividend eligibility.

Strong Order Book Reflects Strong Demand

Beyond this new LOI, the company's financial position appears robust. As of September, 2025, Jupiter Wagons' order book stands at ₹5,538 Crore.

Jupiter Wagons Share Price Jumps Over 14% on Monday

The share price of Jupiter Wagons surged more than 14% on Monday, reaching an intraday high of ₹298.65. The stock price was up 12.30% at ₹292 per share as of 10:35 am IST. From its 52-week low of ₹247, the stock price has jumped by about 17%.