360 ONE WAM Ltd has successfully completed the allotment of 2.05 crore equity shares to UBS AG after the conversion of warrants. The transaction involved a balance payment of ₹1,583.85 crore, bringing the total consideration to ₹2,111.80 crore. This move strengthens the company's capital base and solidifies the strategic partnership with the global financial major, which now holds a ~4.8% stake in the wealth manager.
360 ONE WAM Allots 2.05 Crore Shares to UBS AG
Aggregate Consideration: ₹2,111.80 crore
Post-Allotment Stake: ~4.8% held by UBS AG
Reader Takeaway: The capital injection strengthens the company’s balance sheet, supporting its growth in India’s expanding wealth management sector.
What just happened
360 ONE WAM Ltd has officially allotted 2,05,02,939 equity shares to UBS AG at a price of ₹1,030 per share. This follows the exercise of warrants that were initially issued by the company in July 2025. The company confirmed the receipt of the remaining 75% of the exercise price, amounting to ₹1,583.85 crore, finalizing the total transaction value of ₹2,111.80 crore.
Why this matters
The completion of this warrant conversion is a major financial milestone for 360 ONE WAM Ltd. By finalizing this capital infusion, the company has bolstered its net worth, which provides additional operational liquidity for its wealth and asset management activities. Furthermore, the active participation of a global institution like UBS AG serves as a vote of confidence in the long-term growth prospects of the company.
The backstory
The transaction originates from a capital-raising exercise initiated in July 2025. By converting these warrants into equity, UBS AG has cemented its position as a significant shareholder. The company’s total paid-up share capital has now increased from 40.79 crore shares to 42.84 crore shares to accommodate this allotment.
What changes now
Following this allotment, the paid-up equity share capital of 360 ONE WAM Ltd has increased to ₹42.84 crore. The new shares will rank pari passu with the existing equity, meaning they carry the same rights and dividends as those currently held by other shareholders. UBS AG’s stake in the firm now sits at approximately 4.8%.
Context metrics
360 ONE WAM Ltd currently manages assets exceeding ₹9 lakh crore (USD 94.1 billion). The company continues to focus on its core wealth and asset management services, leveraging its strengthened capital position to scale operations.