TD Power Systems QIP opens, floor price at Rs 775.35 per share
TDPOWERSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and in line with its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TD Power Systems Fund Raising Committee approved opening of a QIP of equity shares on October 7, 2026. Floor price set at Rs 775.35 per share as per SEBI ICDR pricing formula. Company may offer up to 5 percent discount on the floor price. Board approved the QIP on August 14, 2026, and shareholders cleared it via special resolution on September 10, 2026. Final issue price will be decided in consultation with the lead manager.
QIP may dilute existing shareholders if fully subscribed. Watch final pricing and institutional demand to gauge near-term stock impact.