Announced Fri, 19 Jun · 19:41 IST
KIMS QIP closes at ₹755/share; allots 1.98 cr shares at 2.17% discount to floor
KIMS · 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
-0.0%1-day move
₹805.75
prior close
₹809.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.4-0.1-1.2-0.0-1.3-1.5+0.1+1.5+4.3+0.8-2.2——
Up moveDown movePending
AI summary
KIMS closed its Qualified Institutional Placement (QIP) on June 19, 2026, allotting about 1.98 crore equity shares at ₹755 each to eligible institutional buyers. The price carries a ₹753 premium over face value and a 2.17% discount to the floor price. Total issue size is roughly ₹1,500 crore. The issue opened on June 16, 2026 and the placement document has been filed with the exchanges.
Likely market impact
About 1.98 crore new shares will dilute existing equity. The small 2.17% discount to floor price suggests decent institutional demand; use of proceeds will shape the stock reaction.