Ravindra Energy files letter of offer for Rs 200 crore rights issue

Fund Raising View source PDF Explain this filing

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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

+14.1%Reaction day

₹123.62

prior close

₹123.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+13.2% vs market

Other Electrical Equipment peers, median of 49sector+0.2%+13.8% vs sector

On the reaction day the stock moved 13.2 pts more than Nifty Microcap 250 and 13.8 pts more than its Other Electrical Equipment 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

+10.8

10m

+17.3

15m

+20.3

30m

+18.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+14.1+0.9+13.2+0.2+13.8

Next day

+4.4+0.9+3.5-0.4+4.7

-0.9-1.1+0.2-1.8+0.9

+4.3+0.7+3.6+0.0+4.3

+2.7-0.7+3.5-1.4+4.2

+7.6-1.8+9.4-2.3+9.9

+18.8+2.9+15.9+0.7+18.2

15d

+30.6+5.3+25.3+1.0+29.6

+44.3+7.1+37.2+0.8+43.5

+36.9+8.2+28.7-1.5+38.4

+29.6+11.7+17.9-1.2+30.8

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 49Pending

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

AI summary

Ravindra Energy has filed the letter of offer for its rights issue of 1,98,32,834 equity shares at Rs 101 per share (including Rs 91 premium), aggregating up to Rs 2,003.12 million. The ratio is 1 rights share for every 9 shares held. Record date is June 8, 2026. Issue opens June 16 and closes June 24, 2026, with listing expected around July 1, 2026.

Likely market impact

Eligible shareholders can subscribe at Rs 101 per share or renounce entitlements. Non-participation may lead to dilution of holdings.