Hi-Tech Pipes allots 90 lakh convertible warrants to promoter group

Fund Raising View source PDF Explain this filing

HITECH · 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

+1.0%Reaction day

₹84.56

prior close

₹84.99

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.3% vs market

Iron & Steel Products peers, median of 103sector+0.4%+0.6% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.6 pts more than its Iron & Steel 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

Stock

+1.3

10m

+1.3

15m

+1.5

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+1.3-0.3+0.4+0.6

Next day

+1.5+1.8-0.2+1.1+0.5

+0.6+3.1-2.5+1.4-0.8

+0.5+3.5-2.9+1.3-0.8

-0.7+3.5-4.2+0.5-1.1

-0.7+3.4-4.1+0.5-1.1

-7.9+3.6-11.5-0.1-7.8

15d

-4.4+4.9-9.3-0.4-4.0

-11.2+4.4-15.6+2.8-14.0

-16.8+2.9-19.7+3.4-20.2

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 103Pending

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

AI summary

Hi-Tech Pipes allotted 90 lakh fully convertible equity warrants at Rs 100 each to promoter group members on July 31, 2026. Allottees paid 25% upfront; balance 75% due in 18 months. Vipul Bansal got 20 lakh, AKS Buildcon 40 lakh, Hi-Tech Agrovision 30 lakh. No change in paid-up capital yet as these are warrants.

Likely market impact

Promoter group shows confidence in the company. Holdings rise on conversion, potential dilution for non-promoter shareholders.