Announced Thu, 17 Sept · 18:38 IST
Bharat Forge opens QIP at Rs 1,947.70 floor price
BHARATFORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹1908.00
prior close
₹1940.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+0.7+0.6+1.7+3.2—————————
Up moveDown movePending
AI summary
Bharat Forge has opened its Qualified Institutional Placement (QIP) with a floor price of Rs 1,947.70 per equity share. Board approved the issue on Aug 10, 2026, and shareholders cleared it via postal ballot on Sep 11, 2026. The company may offer up to 5 percent discount on the carpet price. Final issue price will be set with lead managers. Trading window for the stock is closed since Sep 15, 2026.
Likely market impact
QIP will raise institutional capital but may dilute existing shareholders. Final pricing depends on investor demand.