Allotment of 8.35 lakh shares to Elana Holdings at Rs 330 each on preferential basis

Fund Raising View source PDF Explain this filing

ASIANHOTNR · price

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

+1.7%Reaction day

₹299.85

prior close

₹298.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.8%-0.1% vs market

Hotels & Resorts peers, median of 53sector+1.1%+0.6% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.6 pts more than its Hotels & Resorts 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

+2.0

10m

+2.0

15m

+1.1

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+1.8-0.1+1.1+0.6

Next day

+1.7+0.5+1.2+2.1-0.3

+3.4+4.3-0.9+2.6+0.8

+5.4+5.6-0.3+4.1+1.3

-0.6+4.6-5.1+3.1-3.6

+1.4+3.8-2.4+2.3-0.9

-8.1+7.5-15.6+5.8-14.0

15d

-1.3+3.8-5.1+1.7-3.0

-6.6-0.3-6.3-2.1-4.5

+0.9-9.6+10.4-17.7+18.6

-1.0+9.9-10.9+0.4-1.4

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 53Pending

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

AI summary

Asian Hotels (North) allotted 8,35,539 equity shares at Rs 330 each (face value Rs 10, premium Rs 320) on preferential basis to Elana Holdings PTE. LTD, aggregating about Rs 27.57 crore. Elana Holdings stake rises from 12.34% to 15.52% post allotment. Issue price determined per SEBI ICDR Regulation 164A. Paid-up equity capital rises to Rs 23.03 crore comprising 2,30,26,268 shares. New shares will be listed on stock exchanges in due course.

Likely market impact

About 3.6% dilution for existing shareholders. Elana Holdings becomes the largest shareholder at 15.52%. Brings in roughly Rs 27.6 crore fresh capital.