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Promoter Selling

Spacenet Enterprises India Promoter Selling

Spacenet Enterprises India Limited sold 30,00,000 equity shares (2.58%) of String Metaverse Limited (SML) via an Offer For Sale (OFS) on April 21-22, 2026. The sale was executed to comply with Minimum Public Shareholding requirements, reducing the promoter group's holding in SML from 4.61% to 2.03%.

Key figures
Execution periodApril 21, and 22, 2026
Source

NSE filing, NSE: SPCENET. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Spacenet Enterprises India Ltd: key numbers

Share price
₹3.21
Market cap
₹182.4 Cr
Revenue (annual)
₹194.7 Cr
Net profit (annual)
₹16.07 Cr
P/E (TTM)
7.3×Sector 22.9×
Promoter holding
15.50%-0.02% QoQ
FII holding
1.65%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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17:14 IST NSE
Fund Raise

Spacenet Enterprises India Fund Raise of ₹500 Cr

Spacenet Enterprises approved an enabling proposal to raise up to ₹500 Crore in funds. The Board also appointed a new Chairperson and an Additional Director.

Value
₹500.0 Cr

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