Announced Mon, 27 Jul · 17:30 IST
Hariom Pipe allots 15 lakh convertible warrants to promoters at Rs 343.03
HARIOMPIPE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹395.00
prior close
₹392.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3-0.6-0.8——————————
Up moveDown movePending
AI summary
Hariom Pipe Industries allotted 15 lakh convertible warrants to 4 allottees from the promoter and promoter group at Rs 343.03 each (including Rs 333.03 premium over face value of Rs 10). Total issue size about Rs 51.45 crore. Promoters paid 25% upfront amounting to Rs 12.86 crore. Each warrant is convertible into 1 equity share within 18 months on payment of the remaining 75%. No change in paid-up capital, shareholding pattern or control.
Likely market impact
Promoter group infusion signals confidence; potential equity dilution if warrants are exercised within 18 months.