Skipper fully uses ₹433.5 crore preferential issue proceeds

Compliance View source PDF Explain this filing

SKIPPER · 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

+0.0%Reaction day

₹491.80

prior close

₹492.50

announcement price

After-mkt

timing

Nifty Microcap 250market+1.4%-1.4% vs market

Heavy Electrical Equipment peers, median of 34sector+2.5%-2.5% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 2.5 pts less than its Heavy Electrical Equipment 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

-1.6

10m

-1.1

15m

-1.2

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+1.4-1.4+2.5-2.5

Next day

+4.6+1.7+2.9+2.5+2.1

+9.6+3.9+5.7+5.3+4.3

+6.8+5.1+1.8+4.5+2.3

+5.2pendingpending+2.8+2.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

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

AI summary

India Ratings reported that Skipper fully used the ₹433.5 crore raised through 92,23,402 preferential shares at ₹470 each by 30 September 2026. About ₹327.5 crore repaid working-capital loans and cash-credit facilities; ₹106 crore funded operations, salaries, letter-of-credit payments and statutory dues. There was no deviation from the issue objectives, no proceeds remained unutilised, and borrowing limits can be redrawn.

Likely market impact

Repaying loans may ease cash flow and cut interest costs. Full planned use is positive, but no earnings guidance or price catalyst is given.