Announced Tue, 4 Aug · 19:09 IST
Allotted 7.64 lakh shares at Rs 1962.53 on preferential basis
KMEW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹2533.80
prior close
₹2548.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+0.7+1.1+0.8-0.5+0.3+1.9+3.6+2.5+7.6+9.3+17.1——
Up moveDown movePending
AI summary
Knowledge Marine allotted 7,64,317 equity shares at Rs 1,962.53 each (face value Rs 5) on a preferential basis, raising about Rs 150 crore. All shares went to non-promoter institutional investors, including 360 One Pipe Fund, FLC Investco LLC, and two Bank of India mutual fund schemes. Paid-up equity capital rose from 2.46 crore shares to about 2.54 crore shares. Allotted shares are subject to lock-in under SEBI ICDR norms.
Likely market impact
Equity dilution of about 3.1 percent for existing shareholders. Raising capital from marquee institutional investors may signal confidence and support growth plans.