Tinna Rubber and Infrastructure Limited has informed the Exchange about institutional Placement Programme for outcome of the Fund Raising Committee meeting held on today i.e. June 27, 2025 inter alia to consider and approve the closure of QIP issue and other related matters

Qip At DiscountFund Raising View source PDF Explain this filing

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

+0.8%Reaction day

₹950.50

prior close

₹945.15

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-0.1% vs market

Rubber peers, median of 8sector+0.3%+0.5% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.5 pts more than its Rubber 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

+0.9

10m

+0.7

15m

+0.6

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.9-0.1+0.3+0.5

Next day

-1.7+0.9-2.7+0.2-1.9

-3.3+0.8-4.1+0.2-3.5

-3.1+0.8-3.9+0.2-3.2

-1.8+1.2-3.0+0.3-2.1

-0.6+0.8-1.3-0.8+0.2

-2.6+1.1-3.7-1.6-1.0

15d

-0.3+2.4-2.7+0.2-0.5

-3.7+0.5-4.2-2.9-0.8

-14.7-2.9-11.8-0.5-14.2

+1.2-4.6+5.8-2.5+3.7

UpDownMarket · Nifty Microcap 250Sector · Rubber peers, median of 8Pending

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

AI summary

Tinna Rubber and Infrastructure Limited has closed its Qualified Institutional Placement (QIP) issue on June 27, 2025. The company allotted 8,86,257 equity shares at ₹888 per share, which includes a premium of ₹878 over the face value of ₹10. The issue price was set at a 5% discount (₹46.73 per share) to the floor price of ₹934.73 determined as per SEBI ICDR regulations. The total funds raised through the QIP come to approximately ₹78.7 crores. Funds were received in the escrow account from eligible qualified institutional buyers, and the placement document has been finalized and uploaded on the company's website.

Likely market impact

Existing shareholders will see a modest equity dilution from the ~8.87 lakh new shares issued. The company raises around ₹78.7 crores, strengthening its capital base for growth or debt reduction. The 5% discount to floor price is within permissible SEBI limits and is a standard market practice in QIP issuances.