Skipper to raise Rs 433.5 crore via preferential issue at Rs 470 per share
SKIPPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.2 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Skipper board approved raising up to Rs 433.50 crore by issuing up to 92.23 lakh equity shares at Rs 470 each (Rs 469 premium) through preferential allotment to non-promoter investors. Allottees include Smallcapworld Fund Inc (largest at 59.02 lakh shares), Cohesion Mk Best Ideas Sub-Trust (15.96 lakh), Emerge Private Opportunities Trust I (10.64 lakh), Bandhan Small Cap Fund (5 lakh), and American Funds Insurance Series Global Small Cap Fund (1.61 lakh). EGM scheduled June 26, 2026 for shareholder approval.
Dilution likely for existing shareholders; entry of marquee global funds may signal confidence. Pending EGM approval.