QIP closed at Rs 1,108, 4.37 percent discount to floor price

Qip At DiscountFund 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

-0.0%Reaction day

₹1168.50

prior close

₹1180.60

announcement price

After-mkt

timing

Nifty Smallcap 250market-2.3%+2.2% vs market

Civil Construction peers, median of 96sector-2.8%+2.8% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Smallcap 250 and 2.8 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

-0.7

10m

-1.1

15m

-1.4

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0-2.3+2.2-2.8+2.8

Next day

-3.5-3.3-0.2-4.4+0.9

-4.1-6.0+1.9-6.8+2.7

-3.0-5.0+2.0-6.1+3.1

+2.4-2.9+5.3-5.3+7.7

+5.2-2.6+7.7-5.2+10.4

+8.3pendingpending-6.7+15.0

15d

—————

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 closed its QIP, allotting 1.26 crore equity shares at Rs 1,108 each (face value Rs 1), a premium of Rs 1,107 over face value. The issue price carries a 4.37 percent discount to the floor price of Rs 1,158.58. Total issue size is about Rs 1,400 crore. Allotment to qualified institutional buyers is complete.

Likely market impact

Dilution from 1.26 crore new shares; pricing below floor may pressure the stock short term, though around Rs 1,400 crore capital raised.