Magellanic Cloud allots 46.72 lakh shares for FSPL acquisition

Fund Raising View source PDF Explain this filing

MCLOUD · price

Loading chart…

▲ 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

+4.4%Reaction day

₹55.95

prior close

₹57.89

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+4.6% vs market

Computers - Software & Consulting peers, median of 66sector+0.5%+3.9% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 3.9 pts more than its Computers - Software & Consulting 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

+0.0

15m

+0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.4-0.3+4.6+0.5+3.9

Next day

+7.4+0.7+6.8+2.4+5.1

+6.7+0.6+6.1+1.8+4.9

+11.4+0.5+11.0+1.2+10.3

+15.5+1.1+14.4+1.3+14.2

+14.6+0.3+14.4+0.5+14.2

-4.3-0.2-4.1+1.2-5.5

15d

-54.3-2.2-52.1-1.5-52.8

-46.9-4.9-42.0-1.7-45.2

-57.6-7.5-50.2-7.4-50.2

-48.9-4.8-44.2-12.1-36.8

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 66Pending

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

AI summary

Magellanic Cloud allotted 46,72,000 equity shares at Rs. 75 each (Rs. 73 premium over Rs. 2 face value), totaling Rs. 35.04 crore, on preferential basis to 4 FSPL promoters (Sanjay Sarkar, Runa Shah, Praveen Nair, Pankaj Maste). Shares are issued as share swap consideration for acquiring 100% stake in Finoux Solutions Pvt Ltd. Paid-up capital rises from Rs. 116.88 crore to Rs. 117.81 crore.

Likely market impact

No cash inflow; shares allotted as consideration for FSPL acquisition. Minor dilution; share swap completes 100% acquisition deal.