Institutional share issue closed at 4.86% discount to floor price

Qip At DiscountFund Raising View source PDF Explain this filing

ANANTRAJ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.0%Reaction day

₹684.90

prior close

₹689.50

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.9%-3.1% vs market

Residential Commercial Projects peers, median of 60sector-1.6%-2.4% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Smallcap 250 and 2.4 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.5

15m

-0.8

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.0-0.9-3.1-1.6-2.4

Next day

-3.2-0.1-3.1-0.4-2.8

-7.4+0.3-7.7+0.0-7.4

-9.3+0.1-9.3-0.3-8.9

-7.0+0.6-7.6+0.8-7.8

-6.0+1.3-7.3+1.2-7.1

-10.0+0.9-10.9+1.1-11.1

15d

-9.2-0.0-9.2+1.2-10.3

-10.0+0.1-10.1-0.1-9.9

-19.5-3.6-15.9-4.4-15.1

-19.6-4.6-15.0-9.5-10.0

UpDownMarket · Nifty Smallcap 250Sector · Residential Commercial Projects peers, median of 60Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Finance and Investment Committee closed the issue on October 13, 2025 after receiving applications and funds from qualified institutional buyers. It allotted 16,616,314 shares at Rs 662 each, 4.86% below the Rs 695.83 floor price and Rs 660 above the Rs 2 face value. The placement raised about Rs 1,100 crore, and the placement document and allocation note were approved.

Likely market impact

The discount may create selling pressure and dilution for existing shareholders, while raising about Rs 1,100 crore in new capital.