Tanfac allots 12.59 lakh shares via QIP at Rs 1,985.83 each

QIP at a discountQIP at a premiumFund Raising View source PDF Explain this filing

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

+3.8%Reaction day

₹2400.00

prior close

₹2410.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+4.1% vs market

Commodity Chemicals peers, median of 55sector-0.1%+3.9% vs sector

On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 3.9 pts more than its Commodity Chemicals 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

+1.0

10m

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15m

+0.1

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.8-0.3+4.1-0.1+3.9

Next day

+3.4+0.8+2.7-0.6+4.1

+2.9+0.9+2.0-0.5+3.4

+2.0+1.8+0.2-0.1+2.0

+1.3+1.5-0.2+0.0+1.3

-3.6+1.7-5.3-0.0-3.6

-3.4-1.1-2.3-1.3-2.1

15d

+12.9+1.0+11.9+0.2+12.7

+15.4+0.4+15.0+0.6+14.8

+32.0+6.4+25.7+0.0+32.0

+39.3+5.5+33.9+0.8+38.6

UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 55Pending

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

AI summary

Tanfac Industries allotted 12,58,918 equity shares to qualified institutional buyers at Rs 1,985.83 per share, raising about Rs 250 crore. Shares were priced at a 5% discount to the floor price. Key allottees include Malabar India Fund (18%), Motilal Oswal mutual fund schemes clubbed (14%), Bengal Finance and Investment (10%), Motilal Oswal India Excellence Fund (10.41%), and several AIFs. Paid-up share capital rose from Rs 9.97 crore to Rs 10.60 crore, a dilution of about 6.3%.

Likely market impact

Raises about Rs 250 crore for the company. Dilution of roughly 6.3%; 5% discount to floor price may weigh on stock in the near term.