Indiabulls to raise INR 1,000 Cr via convertible warrants to promoters and investors

Fund Raising View source PDF Explain this filing

IBULLSLTD · price

Loading chart…

▲ 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

-3.3%Reaction day

₹24.33

prior close

₹24.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-4.2% vs market

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250, 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

-0.4

10m

+2.9

15m

+2.7

30m

+2.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.3+0.9-4.2

Next day

-4.8+0.9-5.7

-3.8-1.1-2.7

+0.6+0.7-0.1

+1.6-0.7+2.4

-3.6-1.8-1.8

-2.8+2.9-5.7

15d

+5.4+5.3+0.1

+24.7+7.1+17.7

+13.9+8.2+5.7

+5.6+11.7-6.1

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Indiabulls board approved raising up to INR 1,000.07 Crore through issue of 51.55 crore convertible warrants at INR 19.40 each (including premium of INR 17.40) via preferential allotment. Investors include promoter group entities Phanes and Hermes, plus non-promoters EBISU Global Opportunities Fund and Nyaasa Global Fund. Warrants convert into equal number of equity shares within 18 months. EGM on July 2, 2026.

Likely market impact

Promoter participation signals confidence but 51.55 crore warrants could dilute equity on conversion. Short-term supply overhang possible.