Gretex files DRHP for Sky Alloys and Power IPO on NSE, BSE main board

Ipo Quality AnchorCapital Market Events View source PDF Explain this filing

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

-0.6%Reaction day

₹421.00

prior close

₹420.35

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.5% vs market

Capital Markets peers, median of 63sector · industry level-0.5%-0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.2 pts less 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

+0.2

10m

+0.2

15m

-0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.1-0.5-0.5-0.2

Next day

-2.1-0.7-1.4-1.0-1.1

-0.0-1.0+1.0-2.1+2.0

+1.9+0.0+1.9-1.1+3.0

+2.6+0.2+2.4-0.5+3.0

+8.8+1.1+7.8+0.1+8.7

+16.4+0.9+15.5+0.5+15.9

15d

+21.6+0.8+20.9-0.6+22.2

+25.7-0.8+26.6-2.6+28.3

+21.6+5.0+16.6-0.9+22.5

+50.0+5.0+45.0-4.0+54.0

UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 63Pending

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

AI summary

Gretex Corporate Services has filed the Draft Red Herring Prospectus (DRHP) for Sky Alloys and Power Limited on the main board platforms of NSE and BSE. The DRHP is a preliminary filing required before launching an IPO. Gretex is acting as the merchant banker facilitating the issue. This adds a new IPO mandate to Gretex advisory business, though no financial details or issue size have been disclosed yet.

Likely market impact

Positive for Gretex advisory business as a new IPO mandate. No immediate financial impact until the issue progresses further.