Rights Issue completed, 9.71 crore shares allotted at Rs 4.86 each

Corporate Actions View source PDF Explain this filing

SHAH · 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

+0.5%Reaction day

₹4.11

prior close

₹4.19

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-0.5% vs market

Iron & Steel Products peers, median of 100sector-0.1%+0.6% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.6 pts more 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

-0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+1.0-0.5-0.1+0.6

Next day

+1.2+1.2+0.0-0.6+1.8

+15.6+2.1+13.5+0.2+15.4

+18.2+1.7+16.5+0.6+17.6

+24.1+1.9+22.1+0.1+24.0

+17.0+1.2+15.8-0.3+17.3

+10.9+1.1+9.9-1.8+12.7

15d

+6.1+1.6+4.5-2.3+8.4

-4.9+0.1-5.0-2.8-2.0

-12.2+6.6-18.8+1.2-13.3

-23.4+5.5-28.8-1.7-21.6

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

Shah Metacorp completed its Rights Issue, allotting 9.71 crore equity shares at 4.86 rupees each (face value 1 rupee), raising 47.22 crore rupees. Subscription hit 94.82 percent. Entitlement ratio was 36 shares for every 311 held. Promoter Mona Viral Shah received 3.16 crore shares by converting a 15.37 crore rupee loan. Paid-up capital rose from 88.52 to 98.24 crore rupees. Promoter holding rose from 29.15 to 29.49 percent.

Likely market impact

Share count expands about 11 percent, lightly diluting non-participating holders. Promoter stake nudges up. Capital base grows.