Announced Thu, 2 Jul · 20:17 IST
Manorama Industries closes QIP issue at Rs 1,470 per share
MANORAMA · 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
-0.5%1-day move
₹1581.80
prior close
₹1598.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-1.9-2.1-1.5-0.5-3.7-4.1-0.3+1.3-0.4+0.0———
Up moveDown movePending
AI summary
Board approved closure of QIP issue on July 2, 2026. Allocated about 34.01 lakh equity shares at Rs 1,470 per share, a discount of around 4.99 percent to the floor price of Rs 1,547.18. Total issue size is near Rs 50 crore. Issue opened on June 29, 2026 and closed the same day as the board meeting.
Likely market impact
Dilution of roughly 34 lakh shares from QIP. Funds raised near Rs 50 crore from institutional buyers. A discount of about 5 percent to floor price is standard for QIPs.