SPR Auto Technologies opens Rs 1,000 Cr QIP at floor price of Rs 4,438.20

Qip At DiscountFund Raising View source PDF Explain this filing

SHRIPISTON · 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

+1.0%Reaction day

₹4454.30

prior close

₹4500.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%+0.6% vs market

Auto Components & Equipments peers, median of 124sector+0.0%+1.0% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.0 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

+0.3

10m

-0.2

15m

-0.8

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.4+0.6+0.0+1.0

Next day

+0.1-0.2+0.4-0.6+0.7

+1.5+0.3+1.2-0.3+1.7

+3.4+0.6+2.8-0.6+4.0

+6.6+0.8+5.8-0.7+7.4

+4.2+0.4+3.8-1.6+5.7

+0.9+0.7+0.2-1.7+2.6

15d

-0.3+2.0-2.3-2.5+2.1

+3.0+0.7+2.3-2.8+5.8

+3.5-3.4+6.9-6.5+10.0

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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 and Rings) has launched a Qualified Institutions Placement (QIP) to raise up to Rs 1,000 crore from institutional buyers. Floor price is fixed at Rs 4,438.20 per share, and the company may offer a discount of up to 5 percent on this floor. Board approved the issue on May 11, 2026; shareholders on July 27, 2026. Insiders trading window is closed until 48 hours after the final issue price is set.

Likely market impact

Equity dilution likely as up to Rs 1,000 crore of new shares are issued. Final pricing will depend on investor demand, and a discount may pressure the stock near term.