Board approves up to 8.7 million convertible warrants at Rs 115 each

Fund Raising View source PDF Explain this filing

SAMBHV · price

Loading chart…

▲ 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

-2.1%Reaction day

₹122.35

prior close

₹127.27

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-2.7% vs market

Iron & Steel Products peers, median of 100sector-0.1%-2.0% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.0 pts less than 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

-0.0

10m

+0.2

15m

-0.4

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.6-2.7-0.1-2.0

Next day

-2.3+0.2-2.4-0.3-2.0

-3.0-0.9-2.1-0.3-2.6

-3.1-0.3-2.8-0.5-2.7

-3.2+0.0-3.2-0.9-2.2

-5.1-1.1-3.9-0.9-4.1

-5.1-1.4-3.7-1.8-3.3

15d

-1.1+2.7-3.8-0.9-0.2

-1.9+3.6-5.5-2.2+0.3

+5.3+2.0+3.4-0.9+6.2

+34.0+1.1+32.9+0.0+33.9

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 100Pending

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

AI summary

Sambhv Steel Tubes board approved raising up to about Rs 100 crore via issue of up to 86,95,400 fully convertible equity warrants on a preferential basis at Rs 115 each (face value Rs 10, premium Rs 105). Allotment to 7 investors including 2 promoters, 1 promoter group entity, and 4 non-promoters. 25 percent payable upfront, 75 percent on conversion within 18 months. EGM scheduled on August 10, 2026.

Likely market impact

Around 3 percent potential dilution on full conversion. Promoter group raises stake via Anjaneya Minerals. Indicates funding need.