Sterlite Tech QIP opens with floor price of Rs 613.69 per share

Qip At DiscountFund Raising View source PDF Explain this filing

STLTECH · price

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Price reactionminutes from the announcement price · days from the prior close

+4.7%Reaction day

₹585.90

prior close

₹613.35

announcement price

After-mkt

timing

Nifty Microcap 250market-0.6%+5.3% vs market

On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250, 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

+0.0

10m

+0.0

15m

+0.0

30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+4.7-0.6+5.3

Next day

+8.4-0.9+9.3

+3.8+0.1+3.6

+0.8+0.3+0.5

-4.2+1.2-5.4

-1.3+0.8-2.2

-5.1+0.3-5.4

15d

-11.9-0.2-11.7

-5.3+0.6-5.9

+10.7+4.7+6.0

+43.1+5.4+37.7

UpDownMarket · Nifty Microcap 250Pending

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

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.