HFCL opens QIP with floor price of Rs 65.84 per share

Qip At DiscountFund Raising View source PDF Explain this filing

HFCL · 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

+3.5%Reaction day

₹63.96

prior close

₹64.05

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%+3.1% vs market

Telecom - Infrastructure peers, median of 5sector+0.3%+3.2% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Smallcap 250 and 3.2 pts more than its Telecom - Infrastructure 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

+0.5

10m

+0.3

15m

+0.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5+0.4+3.1+0.3+3.2

Next day

+0.5+0.5-0.0-0.7+1.2

-3.0+0.3-3.3-3.6+0.6

+0.8-0.2+1.1-4.8+5.6

+0.2-0.4+0.7-6.6+6.9

+5.6+0.7+4.9-0.9+6.6

+5.9+1.4+4.5+0.0+5.9

15d

+0.5-1.7+2.3-12.3+12.9

-5.1-7.6+2.4-14.5+9.3

+9.3-3.2+12.6-8.8+18.1

+3.5-14.1+17.6-19.2+22.7

UpDownMarket · Nifty Smallcap 250Sector · Telecom - Infrastructure peers, median of 5Pending

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

AI summary

HFCL has opened its Qualified Institutions Placement (QIP) issue on December 22, 2025, with a floor price of Rs 65.84 per equity share. The company may offer a discount of up to 5 percent on the floor price. The final issue price will be decided in consultation with the Book Running Lead Manager. The board approved the QIP on July 25, 2025, and shareholders cleared it on September 15, 2025. The trading window for insiders is closed until December 28, 2025.

Likely market impact

QIP may dilute existing shareholders. Final pricing depends on investor demand and could be at up to 5 percent discount to floor price of Rs 65.84.