Belrise Industries QIP allotment raises Rs 1,700 crore at Rs 220 per share

QIP at a discountFund Raising View source PDF Explain this filing

BELRISE · 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

+2.9%Reaction day

₹227.00

prior close

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announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%+2.8% vs market

Auto Components & Equipments peers, median of 116sector+0.0%+2.8% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Smallcap 250 and 2.8 pts more than its Auto Components & Equipments 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9+0.1+2.8+0.0+2.8

Next day

+4.3+0.5+3.7+0.5+3.8

+2.4-0.8+3.2-0.4+2.8

+0.7-2.0+2.7-0.8+1.5

+0.7-2.2+3.0-1.1+1.8

+2.2-1.0+3.2-0.0+2.2

+1.5-0.1+1.6-0.5+2.0

15d

+11.6+1.9+9.7+2.7+9.0

+3.3+1.9+1.4+2.9+0.3

+6.2+1.5+4.7-0.1+6.4

-4.2-5.3+1.2-5.4+1.2

UpDownMarket · Nifty Smallcap 250Sector · Auto Components & Equipments peers, median of 116Pending

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

AI summary

Belrise Industries allotted 7.72 crore shares under QIP at Rs 220, raising Rs 1,700 crore. Issue priced at 4.68 percent discount to floor price Rs 230.79. Key investors include Government Pension Fund Global, BlackRock, ICICI Prudential Life Insurance, Invesco and Aditya Birla Sun Life. Paid-up equity capital rose to Rs 483.58 crore.

Likely market impact

QIP priced at discount with marquee global investors brings dilution. Could pressure stock short-term while strengthening balance sheet long-term.