Indo Thai allots 10L shares on conversion of 1L warrants

Warrants ConvertedFund Raising View source PDF Explain this filing

INDOTHAI · 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

+3.0%Reaction day

₹223.20

prior close

₹224.94

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%+4.9% vs market

Stockbroking & Allied peers, median of 38sector-1.6%+4.6% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Microcap 250 and 4.6 pts more than its Stockbroking & Allied 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

+1.0

15m

+0.2

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0-2.0+4.9-1.6+4.6

Next day

+2.0-0.1+2.1-0.5+2.5

+2.8-1.6+4.3-1.9+4.7

+5.7-2.7+8.4-2.6+8.4

+6.7+0.3+6.5+0.9+5.8

+8.8+2.0+6.7+2.1+6.7

+7.4+3.7+3.7+2.4+5.1

15d

+1.4+5.2-3.8+0.1+1.4

-3.0+3.3-6.3+0.8-3.8

-57.6+9.0-66.6+1.3-58.9

-82.3+11.8-94.2+1.4-83.8

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 38Pending

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

AI summary

Indo Thai Securities has allotted 10,00,000 equity shares (face value Re. 1 each) on conversion of 1,00,000 warrants by two non-promoter allottees, Saurabh Vora and Atithi Vora. Each receives 5,00,000 shares for a total consideration of Rs. 3.75 crore, being the 75 percent balance amount at Rs. 37.5 per share. Post-allotment, each allottee holds 0.39 percent of the company. No warrants remain outstanding for further conversion.

Likely market impact

Equity base expands by 10L shares via warrant conversion. Promoter holding dilutes marginally; no warrants now pending.