Cemindia Projects opens QIP with floor price of Rs 1158.58 per share

Fund Raising View source PDF Explain this filing

CEMPRO · 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

+6.3%Reaction day

₹1147.90

prior close

₹1190.20

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.2%+7.4% vs market

Civil Construction peers, median of 96sector-0.9%+7.2% vs sector

On the reaction day the stock moved 7.4 pts more than Nifty Smallcap 250 and 7.2 pts more than its Civil Construction 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

+0.8

10m

+1.0

15m

-0.5

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.3-1.2+7.4-0.9+7.2

Next day

+4.5-1.1+5.6-0.8+5.3

+1.8-2.2+4.0-2.6+4.4

+1.8-4.4+6.2-5.1+6.9

-1.8-5.5+3.7-5.9+4.1

-2.4-8.1+5.7-8.0+5.6

+4.3-5.0+9.3-7.5+11.8

15d

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 96Pending

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

AI summary

Cemindia Projects (formerly ITD Cementation India) has launched a Qualified Institutions Placement (QIP) of equity shares. Floor price fixed at Rs 1,158.58 per share as per SEBI ICDR pricing formula. The company may offer up to 5 percent discount on the floor price at its discretion. Final issue price will be determined later in consultation with book running lead managers SBI Capital, ICICI Securities, and IIFL Capital. Board approved the issue in July 2026 and shareholders cleared it via special resolution in August 2026.

Likely market impact

Floor price of Rs 1,158.58 set for QIP. Final pricing TBD; successful QIP would raise capital but dilute existing shareholders.