Piramal Finance QIP closes, allots 99.53 lakh shares at Rs 2,110

Qip At PremiumFund Raising View source PDF Explain this filing

PIRAMALFIN · 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

+1.5%Reaction day

₹2281.20

prior close

₹2298.40

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.7%+2.2% vs market

Non Banking Financial Company (NBFC) peers, median of 226sector+0.0%+1.5% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Smallcap 250 and 1.5 pts more than its Non Banking Financial Company (NBFC) 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

-1.1

10m

-0.6

15m

-0.3

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5-0.7+2.2+0.0+1.5

Next day

-2.4-0.7-1.6-1.0-1.4

-4.2-1.3-2.9-1.1-3.1

-2.8-0.3-2.6-0.7-2.1

-2.2-0.1-2.2-0.3-1.9

-0.9-0.1-0.9-0.7-0.2

+1.4-0.3+1.7-1.1+2.5

15d

-3.1-1.3-1.8-2.7-0.5

-10.9-3.8-7.1-3.4-7.4

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UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 226Pending

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

AI summary

Piramal Finance closed its Qualified Institutional Placement (QIP) on 28 Aug 2026, allotting 99,52,606 equity shares at Rs 2,110 per share (face value Rs 2, premium of Rs 2,108). Total issue size is around Rs 2,100 crore. The Committee of Directors approved the closure, allocation, and placement document, raising funds from eligible institutional buyers.

Likely market impact

Raises about Rs 2,100 crore, strengthening capital base. Equity dilution for existing shareholders as new shares are allotted to QIBs.