Neetu Yoshi allots 26.42 lakh warrants at Rs 104 each

Fund Raising 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

-1.5%Reaction day

₹162.40

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.8% vs market

Castings & Forgings peers, median of 20sector+1.6%-3.1% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 3.1 pts less than its Castings & Forgings 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.3-1.8+1.6-3.1

Next day

-3.3+0.6-3.9+1.2-4.5

+0.6-0.4+0.9+0.9-0.3

+4.1-0.9+5.0+0.1+3.9

+9.3-0.3+9.6+1.0+8.3

+14.7+0.3+14.4+0.5+14.3

+17.6+1.3+16.3+2.3+15.2

15d

+39.6-0.1+39.8-2.0+41.6

+51.3-1.2+52.6-0.7+52.0

+29.3-7.7+37.0-1.6+30.9

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UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 20Pending

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

AI summary

Neetu Yoshi has allotted 26,42,400 convertible warrants at Rs 104 per warrant on a preferential basis to 33 allottees including promoters and non-promoters. Each warrant converts into one equity share of Rs 5 face value within 18 months. The issue was fully subscribed with 25 percent upfront payment received. Total potential capital raise is about Rs 27.48 crore. Promoter Subodh Lohia received 6 lakh warrants.

Likely market impact

Possible equity dilution if warrants convert in 18 months. Capital infusion supports growth. Promoter participation signals confidence.