Announced Thu, 20 Aug · 22:38 IST
SPR Auto Tech QIP allotts 23.36 lakh shares, raises about Rs 1,000 crore at 3.56 percent discount
SHRIPISTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.1%1-day move
₹4520.00
prior close
₹4550.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.6-1.8-1.2+5.1+2.7+1.5-0.6+1.0+1.5-3.5-0.7——
Up moveDown movePending
AI summary
SPR Auto Tech allotted 23.36 lakh shares at Rs 4,280 to 45 investors via QIP, raising about Rs 1,000 crore. The QIP ran August 17 to 20, 2026 at a 3.56 percent discount to floor price. Top allottees include Abu Dhabi Investment Authority, Prazim Trading (largest at 11 percent), BlackRock India Fund, and major mutual funds like SBI, Kotak, ICICI Prudential, Axis, and Aditya Birla Sun Life. Post-issue paid-up equity capital rose to Rs 46.39 crore (4.63 crore shares).
Likely market impact
Raises about Rs 1,000 crore growth capital with strong demand from marquee funds. About 5 percent dilution. Watch use of proceeds and stock reaction.