Manorama Industries closes QIP issue at Rs 1,470 per share

Qip At DiscountFund Raising View source PDF Explain this filing

MANORAMA · 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

-1.2%Reaction day

₹1581.80

prior close

₹1598.90

announcement price

After-mkt

timing

Nifty Microcap 250market-0.3%-0.8% vs market

Other Food Products peers, median of 25sector-0.2%-1.0% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.0 pts less than its Other Food 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

-2.0

10m

-1.9

15m

-2.1

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-0.3-0.8-0.2-1.0

Next day

-0.5-0.1-0.3-0.6+0.1

-3.7-0.8-2.8-0.8-2.9

-4.1-2.8-1.3-3.0-1.1

-0.3-1.0+0.7-2.5+2.2

+1.3+0.4+0.9-2.4+3.7

-0.4-0.5+0.1-2.5+2.2

15d

+0.0-1.9+1.9-1.2+1.2

+3.3+0.4+2.9-2.3+5.6

+24.5+3.5+21.1+1.8+22.8

+23.0+2.0+21.0-9.3+32.4

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 25Pending

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

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.