Celebrity Fashions board approves preferential issue of 48.7 lakh shares

Fund Raising View source PDF Explain this filing

CELEBRITY · price

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

-1.9%Reaction day

₹8.00

prior close

₹8.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.7%+0.8% vs market

Garments & Apparels peers, median of 35sector-3.2%+1.3% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.3 pts more than its Garments & Apparels 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

+0.0

10m

+0.0

15m

+1.4

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-2.7+0.8-3.2+1.3

Next day

-2.9-3.5+0.6-3.0+0.2

-2.0-2.0-0.0-1.3-0.7

-11.8-4.1-7.7-1.2-10.6

-7.5-3.9-3.6-2.1-5.4

-4.0-2.0-2.0-0.9-3.1

-1.4-0.6-0.8-1.4-0.0

15d

+8.3+4.4+3.8+6.0+2.2

-2.3+1.3-3.6-0.1-2.1

-8.8-6.9-1.9-9.0+0.2

+0.5+4.6-4.1-1.0+1.5

UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 35Pending

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

AI summary

Celebrity Fashions to issue 48,69,933 equity shares at ₹10.31 per share (₹0.31 premium) via preferential allotment to 5 investors, raising about ₹5.02 crore. Allottees include promoters Rajagopal family, independent director Manoj Mohenka, and Paradisal Precision Pvt Ltd. Post-issue total shares will rise to 2.79 crore. Subject to shareholder and regulatory approvals.

Likely market impact

Small capital raise with promoter participation signals confidence, but thin premium may be seen as pricing favouring insiders.