Raising of Funds

Revenue Growth 20pctPat Growth 25pctNegative Operating CashflowRelated Party TransactionsDebt Equity ThresholdResults View source PDF Explain this filing

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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

+2.0%Reaction day

₹128.15

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.6% vs market

Civil Construction peers, median of 84sector+0.2%+1.8% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.8 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.4+1.6+0.2+1.8

Next day

+4.0+0.7+3.4-0.3+4.3

+6.1+0.7+5.4-0.1+6.3

+8.2+0.5+7.8-0.3+8.6

+10.4+1.0+9.4+0.1+10.3

+12.6+1.5+11.1+0.0+12.6

+17.1+2.8+14.3+2.0+15.1

15d

+37.2-0.7+37.9-2.7+39.8

+53.4+3.7+49.7+0.6+52.8

+127.9+3.0+124.9-2.6+130.5

+122.4-1.4+123.8-7.4+129.8

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 84Pending

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

AI summary

GHV Infra Projects (formerly Sindu Valley Technologies) reported its first full year of operations after a major ownership change in late 2024. FY25 revenue from operations stood at Rs 184.88 crore (vs nil in FY24), with net profit of Rs 17.15 crore compared to a Rs 0.43 crore loss in the previous year; EPS was Rs 35.47. The Board approved issuing up to 38.5 lakh convertible warrants (25 lakh to promoter JHV Commercials LLP, 13.5 lakh to non-promoters) on a preferential basis, and up to Rs 160 crore via Optionally Convertible Debentures (16,000 OCDs at Rs 1 lakh each) carrying an 18% coupon and 18-month tenure. Statutory auditor Manubhai & Shah LLP issued an unmodified opinion. An EGM is scheduled for June 28, 2025 to seek shareholder approval.

Likely market impact

Despite strong headline profits, operating cash flow was sharply negative at Rs -55.6 crore due to a Rs 133+ crore surge in trade receivables, signalling potential collection risk. The Rs 160 crore OCD issue and 38.5 lakh warrants to promoters will meaningfully dilute existing public shareholders and sharply raise leverage versus the current Rs 42.6 crore equity base.