QIP opens, floor price set at Rs 22,150 per share
PTCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.9 pts more than Nifty Smallcap 250 and 6.9 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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PTC Industries has opened its qualified institutions placement of equity shares. Floor price fixed at Rs 22,150 per share of Rs 10 face value. The company may offer up to 5 percent discount on the floor price at its discretion. Final issue price will be determined in consultation with book running lead managers. Board approved the issue in June and September 2026, with shareholder approval at August 2026 EGM.
Equity dilution likely for existing shareholders. Final issue price to be decided. Watch for allocation details and post-issue stock reaction.