Open Offer at Rs 56.84 per share for Lippi Systems acquisition by Dholu family

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

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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

+0.2%Reaction day

₹231.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-0.4% vs market

Industrial Products peers, median of 130sector-0.1%+0.4% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.4 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+0.2+0.6-0.4-0.1+0.4

Next day

+5.2+0.9+4.3-0.0+5.2

+10.5-0.2+10.7-1.1+11.6

+15.8-0.9+16.8-1.4+17.2

+18.2-0.5+18.7-1.6+19.8

+12.5+0.8+11.7-1.2+13.7

+12.5-0.0+12.5-1.8+14.3

15d

+7.9+3.9+4.0-0.1+8.0

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-3.3-1.6-1.7-3.8+0.5

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 130Pending

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

AI summary

Pre-Offer Advertisement for Open Offer to public shareholders of Lippi Systems Ltd at Rs 56.84 per share. Acquirers Vinesh, Jagdish, Shivji, Jagruti and Parul Dholu (5 individuals) are buying up to 33.82 lakh shares, about 25.05 percent of expanded capital. They are also acquiring promoter shares via SPA from the Agrawal family. Post-offer, acquirers will hold 99.63 percent of the company. Tendering period runs July 20 to July 31, 2026. IDC recommends offer price is fair and reasonable.

Likely market impact

Change of control to Dholu family. Public shareholders may tender at Rs 56.84 or hold. Stock likely to trade near offer price during tendering window.