Oasis Securities is raising ₹27.75 crore via a rights issue at ₹10 per share. The funds will boost its NBFC activities and support a shift to secured lending.

Oasis Securities Rights Issue to Fund Growth and Secured Lending Shift

Oasis Securities will raise ₹27.75 crore through a rights issue at ₹10 per share.
The company reported a loss of ₹0.58 crore for the year ended March 31, 2026.

Reader Takeaway: Capital infusion to support growth; ongoing losses remain a concern.

What just happened

Oasis Securities Limited has announced a rights issue to raise ₹27.75 crore. The issue price is set at ₹10 per equity share, which includes a face value of ₹1 and a premium of ₹9. Shareholders will be able to subscribe in a 3:2 ratio, meaning they can buy three new shares for every two they currently hold, based on the record date of June 18, 2026.

Why this matters

This capital infusion is crucial for Oasis Securities as it aims to augment its capital base by ₹25 crore to fund its Non-Banking Financial Company (NBFC) activities. An additional ₹2.25 crore will be used for general corporate purposes. The company is strategically shifting towards secured lending, focusing on secured consumer loans and asset-backed financial products, which management believes will reduce credit risk.

The rights issue will significantly improve the company's financial health. Its Capital to Risk Weighted Assets Ratio (CRAR) is expected to rise from 122% as of March 31, 2026, to a projected 243.84% post-issue. This enhanced capital adequacy provides substantial room for future expansion and debt-funded growth.

The backstory

For the financial year ending March 31, 2026, Oasis Securities reported a total revenue of ₹0.19 crore and a net loss of ₹0.58 crore. This follows a loss of ₹0.33 crore on a revenue of ₹0.13 crore in the previous fiscal year. The company has not declared dividends in the last three years, indicating a focus on reinvesting earnings back into the business.

What changes now

The rights issue will strengthen Oasis Securities' balance sheet and provide the necessary capital to execute its new strategic direction. The move towards secured lending aims to mitigate risks associated with unsecured loans. The increased CRAR will enable the company to undertake more business.

Risks to watch

While the capital infusion is positive, the company's consistent losses over the past two fiscal years remain a concern. Investors should monitor its ability to achieve profitability. Additionally, as an NBFC, the company must maintain strict adherence to Reserve Bank of India (RBI) regulations. High dependence on external borrowings also highlights the need for stable and low-cost funding sources.

Context metrics (time-bound)

• Rights Issue Size: ₹27.75 crore (2,77,50,000 equity shares)
• Issue Price: ₹10 per share (₹1 face value + ₹9 premium)
• Rights Ratio: 3:2
• Record Date: June 18, 2026
• CRAR (as of March 31, 2026): 122%
• Projected CRAR (Post-Issue): 243.84%
• Total Tier I Capital (as of March 31, 2026): ₹14.24 crore
• Projected Post-Issue Capital Fund: ₹41.99 crore
• Revenue FY26: ₹0.19 crore
• Loss FY26: ₹0.58 crore
• Revenue FY25: ₹0.13 crore
• Loss FY25: ₹0.33 crore