Preferential issue of 61,400 shares and 526,000 warrants completed

Fund Raising View source PDF Explain this filing

LEMERITE · 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

+5.8%Reaction day

₹73.45

prior close

₹74.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+6.0% vs market

Trading - Textile Products peers, median of 7sector+0.0%+5.8% vs sector

On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 5.8 pts more than its Trading - Textile Products 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

-0.1

10m

-1.7

15m

-0.3

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.8-0.2+6.0+0.0+5.8

Next day

+7.7+0.1+7.6-1.0+8.7

+7.7-0.6+8.3+0.0+7.7

+7.3-0.9+8.2-0.5+7.7

+9.2-1.3+10.5-3.3+12.5

+8.4-2.3+10.7-1.8+10.2

+17.6-5.2+22.7-5.8+23.4

15d

+26.6-2.9+29.5-6.3+32.9

+27.4-2.6+30.0-4.7+32.1

+35.4-2.9+38.3-0.5+35.9

+37.2-8.9+46.2-8.2+45.4

UpDownMarket · Nifty Microcap 250Sector · Trading - Textile Products peers, median of 7Pending

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

AI summary

The board allotted 61,400 equity shares at Rs 320 each to 37 non-promoter investors, raising Rs 1.96 crore. It also allotted 526,000 convertible warrants at Rs 320 each, with Rs 80 paid upfront and Rs 240 due within 18 months on conversion. Paid-up capital rose to Rs 24.36 crore, covering 2.436 crore shares.

Likely market impact

61,400 new shares and up to 526,000 more on conversion may dilute existing holders. The company raises Rs 1.96 crore now and Rs 4.21 crore upfront.