Announced Tue, 23 Jun · 19:46 IST
QIP opens with floor price of Rs 2,090.34 per share
Fund Raising View source PDF
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
+1.2%1-day move
₹2371.00
prior close
₹2399.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.3-0.1-0.2+1.2+5.1+4.7+4.2+3.2-2.4+11.7+13.9——
Up moveDown movePending
AI summary
Tanfac Industries has opened its Qualified Institutional Placement (QIP) issue on June 23, 2026, with a floor price of Rs 2,090.34 per equity share, based on the SEBI ICDR pricing formula. The Fund-Raising Committee approved the preliminary placement document and authorised opening of the issue. The company may offer a discount of up to 5 percent on the floor price at its discretion. The final issue price will be determined in consultation with the book running lead managers.
Likely market impact
Equity dilution likely. Floor price of Rs 2,090.34 is the benchmark; final pricing may include a discount of up to 5 percent.