11.7 lakh shares allotted on conversion of preferential warrants

Warrants ConvertedQip At PremiumFund Raising View source PDF Explain this filing

GUJAPOLLO · 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

-0.9%Reaction day

₹444.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+0.2% vs market

Industrial Products peers, median of 108sector-1.3%+0.4% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.4 pts more than its Industrial Products 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

-0.9-1.1+0.2-1.3+0.4

Next day

-5.0-0.1-4.8-0.5-4.4

-0.2+0.4-0.6-0.8+0.5

+0.2-0.1+0.4-0.9+1.1

-2.7+0.9-3.6-0.3-2.4

+2.3+1.9+0.4+0.7+1.6

+1.4+1.1+0.3+0.1+1.3

15d

+1.8+0.2+1.6-2.9+4.7

+4.2+0.7+3.4-3.7+7.9

+1.2-4.0+5.2-8.9+10.2

-6.1-7.0+0.9-15.1+9.0

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 108Pending

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

AI summary

The board allotted 11,70,000 fully paid equity shares at Rs 292 each after conversion of warrants held by 13 non-promoter investors. The price included Rs 282 premium over the Rs 10 face value. The issue was worth Rs 34.16 crore; Rs 25.62 crore was received now as the remaining 75% payment. Paid-up capital rose from Rs 11.80 crore to Rs 12.97 crore. The shares remain locked in and await BSE and NSE listing approval.

Likely market impact

Share count rose about 9.9%, creating dilution, while the company received Rs 25.62 crore. Listing is pending and lock-in limits immediate selling.