CG Power and Industrial Solutions Limited has informed the Exchange about qualified Institutional Placement

Fund Raising View source PDF Explain this filing

CGPOWER · price

Loading chart…

▲ 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

+0.2%Reaction day

₹681.10

prior close

₹689.15

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.1%+0.1% vs market

Heavy Electrical Equipment peers, median of 27sector-0.6%+0.8% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.8 pts more than its Heavy Electrical Equipment 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

-1.1

10m

-1.3

15m

-1.6

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+0.1+0.1-0.6+0.8

Next day

-2.3-0.3-2.0-0.8-1.5

-2.0-0.5-1.5-0.8-1.3

-0.6-0.3-0.4-0.3-0.4

-0.2-0.2+0.1-0.9+0.7

-1.1-0.1-1.1-0.6-0.6

-0.6-0.6+0.1+1.4-1.9

15d

+0.5-1.7+2.1-0.6+1.1

-4.2-3.8-0.4-3.9-0.3

+5.5-3.5+8.9-5.7+11.2

+8.6-2.4+11.1-8.7+17.4

UpDownMarket · Nifty 100Sector · Heavy Electrical Equipment peers, median of 27Pending

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

AI summary

CG Power and Industrial Solutions has opened its Qualified Institutional Placement (QIP) issue on 30th June 2025, following board approval in October 2024 and shareholder approval in December 2024. The floor price has been fixed at ₹679.08 per equity share of face value ₹2, based on the SEBI pricing formula. The company may offer a discount of up to 5% on this floor price at its discretion. The final issue price will be determined in consultation with the three book-running lead managers — IIFL Capital Services, DAM Capital Advisors, and HSBC Securities. The trading window for insiders remains closed during the issue process.

Likely market impact

The QIP will lead to dilution of existing shareholders, though the final impact depends on the issue size and pricing, which are yet to be disclosed. The strong floor price suggests the company is leveraging a healthy stock price to raise capital, which could be used for growth, capex, or debt reduction.