QIP allotment of 1.28 crore shares at Rs 145 each, raises about Rs 185.50 crore

Qip At DiscountMarquee Qip InvestorFund Raising View source PDF Explain this filing

RATNAVEER · 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

-0.3%Reaction day

₹159.65

prior close

₹163.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+0.8% vs market

Iron & Steel Products peers, median of 91sector-0.3%-0.0% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and in line with its Iron & Steel Products 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

-1.7

10m

-1.7

15m

-1.2

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3-1.1+0.8-0.3-0.0

Next day

+0.3-3.5+3.8-2.3+2.6

+2.1-1.6+3.7-1.8+3.9

-2.0-2.2+0.2-2.0-0.0

-3.0-1.8-1.3-1.1-1.9

-0.4-1.5+1.1-0.6+0.1

+1.4-1.6+3.0-0.2+1.6

15d

-5.4-2.0-3.4-1.7-3.7

-3.4+0.7-4.1-0.4-3.0

-3.0-3.8+0.8-4.4+1.4

-12.1-9.8-2.3-8.9-3.1

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 91Pending

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

AI summary

Ratnaveer Precision Engineering allotted 1,27,93,102 equity shares at Rs 145 each via QIP, raising about Rs 185.50 crore. Price includes Rs 135 premium over face value with a 4.89 percent discount to floor price. Paid-up equity capital rose from Rs 53.05 crore to Rs 65.84 crore. Key allottees include Astorne Capital, Leading Light Fund, Craft Emerging Market Fund, Beacon Stone Capital, and Saint Capital Fund.

Likely market impact

Equity dilution of about 24 percent as new shares are added. Funds strengthen capital base; minor discount to floor price is typical for QIPs.