Asahi India Glass allots 11.84 million shares via QIP at a premium
ASAHIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.0 pts less than Nifty Smallcap 250 and 3.8 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The company allotted 11,837,261 equity shares of Rs 1 each to 24 qualified institutional buyers on September 19, 2025, at Rs 844.79 per share, a Rs 843.79 premium to face value. The issue size was up to Rs 1,000 crore. Paid-up shares rose from 243.09 million to 254.93 million, a 4.9% increase.
Adds capital of up to Rs 1,000 crore, but the 4.9% share-count increase dilutes existing holders unless earnings grow accordingly.