PC Jeweller board approves Rs 1,000 crore fundraise via QIP

Fund Raising View source PDF Explain this filing

PCJEWELLER · 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

-6.1%Reaction day

₹10.30

prior close

₹10.35

announcement price

After-mkt

timing

Nifty Microcap 250market-1.1%-5.0% vs market

Gems Jewellery And Watches peers, median of 29sector-0.0%-6.1% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 6.1 pts less than its Gems Jewellery And Watches 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

-4.7

10m

-5.8

15m

-4.4

30m

-4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.1-1.1-5.0-0.0-6.1

Next day

-4.4-0.5-3.9+0.0-4.4

-2.4-0.1-2.3+0.6-3.0

-5.2-1.3-3.9+0.5-5.7

-8.8-2.0-6.9-0.1-8.7

-9.8-1.6-8.2+0.3-10.1

-10.7-1.5-9.1+4.1-14.8

15d

-5.5+2.9-8.4+5.0-10.5

-5.0+3.4-8.4+2.1-7.0

+19.9+2.5+17.4+3.2+16.7

+75.7-0.1+75.8+3.5+72.2

UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

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

AI summary

PC Jeweller board approved raising up to Rs 1,000 crore through a Qualified Institutions Placement of equity shares or other eligible securities, in one or more tranches. Authorised share capital will be raised from Rs 1,310 crore to Rs 1,460 crore to accommodate the issue. A QIP committee was set up to decide pricing, timing and execution. Shareholder approval will be sought through postal ballot.

Likely market impact

Fresh equity issuance will dilute existing shareholders. Watch the stock once floor price and institutional demand are disclosed.