SPR Auto Tech closes QIP at Rs 4,280/share, 3.56% discount to floor price

QIP at a discountFund Raising View source PDF Explain this filing

SHRIPISTON · 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

+1.9%Reaction day

₹4520.00

prior close

₹4550.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%+1.6% vs market

Auto Components & Equipments peers, median of 124sector-0.3%+2.1% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.1 pts more than its Auto Components & Equipments 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

-1.5

10m

-1.6

15m

-1.8

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+0.3+1.6-0.3+2.1

Next day

+5.1+0.5+4.6-0.9+6.0

+2.7+0.1+2.6-1.3+4.0

+1.5+0.7+0.9-0.9+2.5

-0.6+0.4-1.0-1.3+0.7

+1.0+0.7+0.2-1.1+2.0

+1.5+0.1+1.5-1.1+2.6

15d

-3.5+1.5-5.0-2.6-0.9

-0.7+0.3-1.0-3.4+2.7

-1.4-6.2+4.8-8.6+7.2

—————

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

SPR Auto Technologies (formerly Shriram Pistons & Rings) has closed its Qualified Institutional Placement. The company allotted 23,36,448 equity shares at Rs 4,280 per share, a 3.56% discount (Rs 158.20) to the floor price of Rs 4,438.20. Total issue size is approximately Rs 1,000 crore. The issue opened on Aug 17 and closed on Aug 20, 2026.

Likely market impact

QIP priced at a modest 3.56% discount to floor, indicating decent demand. About 23.36 lakh new shares will dilute existing shareholders.