Share India Securities Limited has successfully completed the incorporation of its new wholly-owned subsidiary, Share India Cred Capital Private Limited, as of January 6, 2026. According to company filings, the subsidiary has been registered with the Registrar of Companies, Kanpur, and assigned Corporate Identification Number (CIN) U64990UP2026PTC240582. The company confirmed that it acquired the Certificate of Incorporation from the Ministry of Corporate Affairs on January 6, 2026, at 2:38 PM, officially completing the incorporation procedure and allowing the subsidiary to commence operations in accordance with business plans and regulatory permissions.
The incorporation follows the Board of Directors' authorization on October 30, 2025, for establishing the wholly-owned subsidiary with the proposed name Share India Greyhill Private Limited or any alternative name approved by the Registrar of Companies. As reported by the company, the Board's permission also included investment in the subsidiary by subscribing to its equity share capital. The subsidiary was ultimately formed under the name Share India Cred Capital Private Limited, marking a significant expansion in the company's financial services portfolio.
Share India Securities Limited has raised ₹35 crore through Non-Convertible Debentures (NCDs) in a recent fundraising initiative. According to regulatory filings dated December 31, 2025, the company's Finance Committee authorized the allotment of 3,500 secured NCDs on a private placement basis. The allocated NCDs are fully paid-up, secured, listed, rated, taxable, transferable, and redeemable, with each debenture carrying a face value of ₹1,00,000, bringing the total issue size to ₹35 crore.
Share India Securities' shares closed at ₹160.65 per share on Wednesday, January 7, representing a 1.04% increase from the previous close, with the company maintaining a market capitalization of ₹3,515.43 crore. The stock has experienced significant volatility over the past year, reaching a 52-week high of ₹308.00 on January 7, 2025, before declining to a 52-week low of ₹127.70 on September 30, 2025. At the current market price, the stock is trading approximately 47.8% below its 52-week high but has recovered 25.8% from its 52-week low, indicating some stabilization following the substantial decline from peak levels.
