Swastika Investmart allots 90.5 lakh convertible warrants at Rs 63.64

Warrants ConvertedFund Raising View source PDF Explain this filing

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

-1.3%Reaction day

₹150.00

prior close

₹151.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.1% vs market

Stockbroking & Allied peers, median of 39sector+0.0%-1.3% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.3 pts less than its Stockbroking & Allied 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

-2.0

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-2.0

15m

-2.0

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.3-1.1+0.0-1.3

Next day

-2.7-1.5-1.1-0.3-2.4

-5.1-1.5-3.5+0.5-5.6

-8.0-0.2-7.8+2.2-10.2

-12.3-0.5-11.8+1.2-13.5

-15.6-3.2-12.4-0.1-15.5

-15.2-2.2-13.0+0.5-15.7

15d

-18.7-9.5-9.2-4.8-13.9

-20.8pendingpending-5.2-15.6

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UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

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

AI summary

Swastika Investmart has allotted 90,50,000 convertible share warrants at Rs 63.64 each to promoters and 14 non-promoter entities. Total issue size is Rs 57.59 crore, with 25 percent upfront payment of Rs 14.40 crore received. Warrants convertible to equity within 18 months; balance 75 percent due on exercise. Largest allottees are Yogita Gandhi (20 lakh) and Valueworth Advisors (12 lakh). Promoter group gets 25.5 lakh warrants.

Likely market impact

Possible dilution if all warrants convert to equity. Promoters raise stake; lock-in applies. Rs 14.4 crore received now, Rs 43.2 crore more on conversion.