HFCL QIP closes at Rs 62.55 per share, 5 percent discount to floor price

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

-2.9%Reaction day

₹66.20

prior close

₹66.55

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-3.0% vs market

Telecom - Infrastructure peers, median of 5sector-0.8%-2.1% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Smallcap 250 and 2.1 pts less 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

-0.0

10m

-0.1

15m

-0.3

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.1-3.0-0.8-2.1

Next day

-6.3-0.1-6.2-1.1-5.2

-2.6-0.7-1.9-3.1+0.5

-3.2-0.9-2.3-4.4+1.2

+2.0+0.3+1.7-1.5+3.5

+4.1+0.2+3.9-1.3+5.5

+1.7+1.3+0.4-1.1+2.8

15d

+2.3-2.6+4.9-8.1+10.5

-7.7-7.8+0.1-12.5+4.8

+5.1-4.2+9.4-6.4+11.6

+5.0-12.4+17.3-16.9+21.9

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 closed its QIP on Dec 24, allotting 8.79 crore equity shares at Rs 62.55 per share, a 5 percent discount to the floor price of Rs 65.84. Total issue size works out to roughly Rs 550 crore. Floor price was set under SEBI ICDR Regulations. Use of funds not mentioned in this filing.

Likely market impact

Equity dilution for existing shareholders as new shares allotted to institutions. Near term share price may see pressure from the 5 percent discount to floor.