Announced Thu, 25 Jun · 24:05 IST
Sterlite Tech QIP opens with floor price of Rs 613.69 per share
STLTECH · 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
+8.4%1-day move
₹585.90
prior close
₹613.35
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+8.4+3.8+0.8-4.2-1.3-5.1-11.9-5.3——
Up moveDown movePending
AI summary
Sterlite Technologies has opened its qualified institutional placement (QIP) with a floor price of Rs 613.69 per equity share of Rs 2 face value. Board approved QIP on April 29, 2026 and shareholders cleared it via postal ballot on June 16, 2026. The company may offer a discount of up to 5 percent on the floor price. Final price will be decided with book running lead managers.
Likely market impact
QIP floor price set at Rs 613.69; potential dilution as new shares are issued to institutional investors.