Piramal Finance QIP closes at Rs 2,110/share, raises about Rs 308.5 crore

Fund 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 QIP on 28 Aug 2026, allotting 99,52,606 equity shares at Rs 2,110 each (face value Rs 2, premium Rs 2,108). Total issue size is about Rs 308.5 crore. Pricing followed the SEBI ICDR formula. Placement document approved and allocation notes will be sent to QIBs.

Likely market impact

Equity dilution of about 99.5 lakh shares; raise of around Rs 308.5 crore will strengthen capital base.