21.18 million promoter warrants converted into equity shares

Qip At PremiumWarrants ConvertedFund Raising View source PDF Explain this filing

SALASAR · 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

+2.5%Reaction day

₹8.64

prior close

₹8.64

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+3.7% vs market

Industrial Products peers, median of 108sector-1.3%+3.8% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 3.8 pts more than its Industrial 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

-0.2

10m

-0.5

15m

-0.7

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5-1.1+3.7-1.3+3.8

Next day

+5.7-0.1+5.8-0.6+6.2

+12.0+0.4+11.7-0.8+12.8

+8.2-0.1+8.3-0.9+9.1

+8.6+0.9+7.7-0.3+8.9

+11.7+1.9+9.8+0.7+10.9

+8.8+1.1+7.7+0.1+8.7

15d

+16.0+0.2+15.7-2.9+18.9

+10.6+0.7+9.9-3.7+14.4

+5.1-4.0+9.0-8.9+14.0

-1.2-7.0+5.8-15.1+13.9

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 108Pending

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

AI summary

The company allotted 21,180,000 fully paid equity shares of Rs 1 each after promoter warrants were converted at Rs 14.40 per share, including a Rs 13.40 premium. It received Rs 22.87 crore for the remaining 75 percent payment. Paid-up shares rose to 1,747,950,290, and 32.5 million warrants remain outstanding.

Likely market impact

Shares rose 12.3 percent, lowering existing holders' ownership share, while the company received Rs 22.87 crore. Remaining warrants may add shares.