Announced Fri, 31 Jul · 18:17 IST
Skipper allots 92.23 lakh shares at Rs 470 each on preferential basis
SKIPPER · 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
+3.9%1-day move
₹526.20
prior close
₹533.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.8+0.6+3.9+4.4+0.3-1.5+0.5+3.2+9.8+3.8——
Up moveDown movePending
AI summary
Skipper Limited allotted 92,23,402 equity shares at Rs 470 per share on a preferential basis, raising about Rs 433.50 crores. Allottees are non-promoter institutional investors including Smallcap World Fund Inc (largest at about 64 percent), Cohesion Mk Best Ideas Sub-Trust, Emerge Private Opportunities Trust I, Bandhan Small Cap Fund, and American Funds Insurance Series. Post-issue equity share capital rose to about 12.22 crore shares.
Likely market impact
Raises about 433.50 crores from marquee global investors; dilutes equity by around 8 percent but strengthens balance sheet