CGPOWERBSECG POWER AND IND SOL LTDMinimalNeutral
Announced Fri, 24 Jul · 17:16 IST

CG Power QIP utilisation: Rs 502.65 cr deployed of Rs 3,000 cr raised

CGPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹883.00
prior close
₹871.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+0.1+0.2+0.2
Up moveDown movePending
AI summary

CG Power's Q1FY27 monitoring report shows Rs 502.65 crore utilised out of Rs 3,000 crore raised via QIP in June-July 2025. In Q1FY27, Rs 121.85 crore was spent on the power transformer plant. Allocations: OSAT facility (Rs 184.67 cr of Rs 1,062.85 cr used), transformer plant (Rs 241.72 cr of Rs 856.98 cr), acquisitions (Rs 330 cr, unused), general purposes (Rs 50.23 cr of Rs 724.14 cr). No deviation from stated objects. Unutilised Rs 2,497.35 cr is parked in bank FDs and liquid mutual funds.

Likely market impact

Funds being deployed on schedule with no deviations. Rs 330 cr earmarked for acquisitions still untouched, worth tracking by investors.