Announced Fri, 19 Jun · 23:45 IST
KIMS raises Rs 1,500 crore via QIP at Rs 755 per share
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 allotted 1.98 crore equity shares at Rs 755 each via QIP, raising about Rs 1,500 crore. Issue priced at a 2.17% discount to the floor price of Rs 771.73. Marquee allottees include International Finance Corporation (10%), HDFC Life, Kotak Life Insurance, SBI Mutual Fund, ICICI Prudential, Invesco, Polar Capital, and Goldman Sachs. Paid-up equity capital rose to Rs 84 crore from Rs 80 crore.
Likely market impact
About 5% dilution from new shares. Strong demand from marquee investors is positive, though small discount to floor price may weigh.