Announced Thu, 23 Jul · 18:05 IST
Monitoring Agency Report for Spandana Sphoorty Rights Issue - Q1FY27
Compliance View source PDF
SPANDANA · 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
-10.5%1-day move
₹297.00
prior close
₹288.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-2.4-3.2-8.7-10.5—————————
Up moveDown movePending
AI summary
CARE Ratings filed the monitoring agency report for Spandana Sphoorty rights issue for Q1FY27. Company raised ₹400 crore but received ₹199.35 crore due to invalid applications. ₹195.02 crore deployed for capital base, ₹4.33 crore for issue expenses. No new proceeds used in Q1FY27. AUM fell from ₹11,973 crore (Mar 2024) to ₹4,420 crore (Mar 2026). Turned marginally profitable in Q4FY26 after six loss quarters. Covenant breaches on around ₹36 crore borrowings.
Likely market impact
No new proceeds used in Q1FY27; stock above issue price ₹230. AUM decline and covenant breaches remain concerns, though profitability is recovering.