Open Offer for 26% stake in Kapil Raj Finance at Rs 2.24 per share

Open offer triggeredListed-company acquisitionStrategic Transactions View source PDF Explain this filing

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

+4.8%Reaction day

₹2.94

prior close

₹2.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+3.7% vs market

Non Banking Financial Company (NBFC) peers, median of 212sector-0.5%+5.2% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 5.2 pts more than its Non Banking Financial Company (NBFC) 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

+10.0

10m

+2.1

15m

+10.0

30m

+10.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.8+1.0+3.7-0.5+5.2

Next day

+9.9+0.8+9.1+0.1+9.8

+4.4-0.5+5.0-0.7+5.1

+3.4-0.5+3.9-0.4+3.8

+7.1+0.8+6.4-0.5+7.6

+5.8+0.5+5.2-0.7+6.5

+11.9-2.0+13.9-2.3+14.2

15d

+35.0-6.4+41.4-3.7+38.7

+47.6-5.9+53.5-4.7+52.3

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 212Pending

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

AI summary

Novus Capital Advisors filed a Detailed Public Statement for an open offer to public shareholders of Kapil Raj Finance. Acquirers Arpit Agarwal, Megha Agarwal, and Arpit Agarwal HUF seek to buy up to 9,92,12,282 equity shares, about 26 percent of expanded voting capital, at Rs 2.24 per share, under SEBI SAST Regulations 2011.

Likely market impact

Public shareholders can tender their shares at Rs 2.24 each during the offer window. Review the DPS for full timeline.