Bharat Forge QIP closes at Rs 1,890 per share, raises about Rs 2,000 crore

Qip At DiscountFund Raising View source PDF Explain this filing

BHARATFORG · 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

+0.1%Reaction day

₹2001.40

prior close

₹2010.00

announcement price

After-mkt

timing

Nifty Midcap 150market+0.6%-0.5% vs market

Auto Components & Equipments peers, median of 124sector+0.8%-0.6% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 0.6 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.5

15m

-0.6

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.6-0.5+0.8-0.6

Next day

-0.5-1.4+0.9+0.2-0.6

+0.3-1.5+1.9+0.1+0.2

-2.2-3.1+0.9-0.9-1.3

-3.0-4.1+1.1-0.9-2.1

-3.8-4.0+0.3-0.6-3.2

-8.4-4.5-3.9-2.9-5.5

15d

-7.4-4.5-2.9-3.2-4.2

-14.5-9.6-4.9-9.2-5.3

—————

UpDownMarket · Nifty Midcap 150Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

Bharat Forge has closed its Qualified Institutions Placement, allotting 1.05 crore equity shares at Rs 1,890 each, roughly 3 percent below the floor price of Rs 1,947.70. Total issue size is close to Rs 2,000 crore. The QIP opened on September 17 and closed on September 22, 2026, with funds received in the escrow account. A premium of Rs 1,888 per share over face value of Rs 2 was set.

Likely market impact

Short-term dilution from 1.05 crore new shares (around Rs 2,000 crore issue). Small 3% discount to floor price signals decent institutional demand.