Indiabulls to raise INR 1000 Cr via warrants to promoters and funds

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 by issuing up to 51.55 crore convertible warrants at INR 19.40 each (INR 17.40 premium). Four investors: Phanes and Hermes from promoter group, EBISU Global Opportunities Fund and Nyaasa Global Fund from non-promoter group. Promoters get about 71 percent of warrants. Warrants convert into equity shares within 18 months. EGM on July 2, 2026 for shareholder nod.

Likely market impact

INR 1,000 Cr raise will dilute shareholders. Promoters take about 71 percent of warrants, showing strong confidence. Major equity expansion ahead.