GCSLNSEGretex Corporate Services Limited· Capital MarketsHighPositive
Announced Tue, 23 Sept, 2025 · 15:03 IST

Gretex Corporate Services Limited has informed the Exchange regarding 'We are happy to announce that the Company has filed Red Herring Prospectus (RHP) of the M P K Steels (I) Limited with the Registrar of Companies in connection with its proposed listing on the SME Platform of BSE ( BSE SME ).'.

GCSL · 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
+6.8%Reaction day
₹265.00
prior close
₹258.20
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+7.1% vs market
Capital Markets peers, median of 55sector · industry level-0.5%+7.3% vs sector

On the reaction day the stock moved 7.1 pts more than Nifty Microcap 250 and 7.3 pts more than its Capital Markets 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
5m
+0.6
10m
+0.9
15m
+0.9
30m
—
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+6.8-0.3+7.1-0.5+7.3
Next day
-0.4-0.6+0.3-1.4+1.0
2d
-1.1-1.7+0.6-1.4+0.3
3d
+5.6-3.8+9.4-3.2+8.8
4d
-5.3-4.6-0.7-3.1-2.2
5d
-6.0-5.0-1.1-2.8-3.2
1w
-6.8-2.4-4.5-2.0-4.8
15d
-14.7-3.0-11.8-3.0-11.7
1m
-13.3-1.4-11.8-2.2-11.0
2m
+38.5-4.9+43.4-6.3+44.8
3m
+35.5-5.9+41.4-2.9+38.4
UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 55Pending

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

AI summary

Gretex Corporate Services, acting as the lead manager/merchant banker, has filed the Red Herring Prospectus (RHP) for M P K Steels (I) Limited with the Registrar of Companies. This is for the proposed SME IPO listing of M P K Steels on the BSE SME platform. The issue is scheduled to open on September 26, 2025, and close on September 30, 2025. The proposed listing date is October 6, 2025. The filing itself does not disclose pricing, issue size, or allocation details.

Likely market impact

For Gretex shareholders, this is a positive business development showing active deal flow in its merchant banking/advisory segment, though the financial impact depends on the fees earned. The announcement is not about Gretex's own fundraising and should not materially move its stock on fundamentals.