Maan Aluminium allots 59 lakh shares via preferential issue

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MAANALU · 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

+5.2%Reaction day

₹146.40

prior close

₹144.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+6.5% vs market

Aluminium peers, median of 9sector+0.0%+5.1% vs sector

On the reaction day the stock moved 6.5 pts more than Nifty Microcap 250 and 5.1 pts more than its Aluminium 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

-1.4

15m

-1.7

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2-1.3+6.5+0.0+5.1

Next day

+7.2-4.0+11.1-0.8+7.9

+2.5-4.8+7.2-2.2+4.7

+0.4-3.3+3.6-4.2+4.6

-3.0-5.3+2.3-4.4+1.4

-0.4-5.2+4.8-7.4+7.0

+7.9-3.7+11.5-5.9+13.7

15d

+4.5+3.6+0.9-6.6+11.1

+0.8+0.1+0.7-12.1+12.9

-6.0-8.9+2.9-13.0+7.0

-4.7+3.2-7.9-0.2-4.5

UpDownMarket · Nifty Microcap 250Sector · Aluminium peers, median of 9Pending

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

AI summary

Maan Aluminium allotted 59,00,000 equity shares at Rs 141 each (face value Rs 5, premium Rs 136) via preferential issue to 39 allottees, including promoters and non-promoters. Total issue size about Rs 83.19 crore. Promoters received 16.46 lakh shares; non-promoters got 42.54 lakh shares across individuals and small funds.

Likely market impact

Dilution from preferential allotment; promoter participation signals confidence while supply and float in shares will rise.