EFORU allots 15.48 lakh shares via preferential issue at Rs 91

Fund Raising View source PDF Explain this filing

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

+4.1%Reaction day

₹94.00

prior close

₹94.46

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+2.9% vs market

Trading & Distributors peers, median of 133sector+0.2%+4.0% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 4.0 pts more than its Trading & Distributors 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

—

10m

-0.0

15m

-0.0

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.1+1.3+2.9+0.2+4.0

Next day

+0.9+1.6-0.7+0.2+0.7

+3.5+1.7+1.8+0.2+3.2

+7.4+1.6+5.8+0.3+7.1

+3.7+1.5+2.3+0.5+3.2

+7.6+1.8+5.8+0.3+7.3

+9.8+2.1+7.8+0.0+9.8

15d

—+3.2—-1.5—

—+3.7—-1.9—

—+1.1—-4.7—

—————

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 133Pending

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

AI summary

EFORU Entertainment has allotted 15,48,500 equity shares at Rs 91 each via preferential issue on private placement basis, raising about Rs 14.09 crore from 3 allottees. Promoter Amit Vedawala received 2.98 lakh shares, taking his holding to 50.25% (down from 58.27%). Non-promoter Global9 LLC received 11.95 lakh shares (15.89% post-issue) and Dilip Modi received 53,800 shares (0.71%).

Likely market impact

Capital raise of Rs 14.09 crore dilutes promoter stake from 58.27% to 50.25%. Global9 LLC joins as 15.89% non-promoter holder.