Ugro Capital allots 73.4 lakh shares via CCD conversion

Fund Raising View source PDF Explain this filing

UGROCAP · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.8%Reaction day

₹173.15

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.4%+0.5% vs market

Non Banking Financial Company (NBFC) peers, median of 204sector-1.5%-0.3% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.3 pts less than its Non Banking Financial Company (NBFC) 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-2.4+0.5-1.5-0.3

Next day

-2.1-0.4-1.7-1.1-1.0

-2.4-1.1-1.3-1.9-0.5

-2.7-0.6-2.0-1.3-1.4

-1.1-0.4-0.7-1.1+0.1

-0.6+0.1-0.7-0.8+0.2

-1.1-1.4+0.3-1.7+0.6

15d

+4.2-1.0+5.1-1.9+6.1

-4.1-0.8-3.4-2.2-1.9

-21.1-0.9-20.1-6.4-14.6

-41.9-11.3-30.6-12.1-29.8

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 204Pending

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

AI summary

Ugro Capital has allotted 73,42,732 equity shares after mandatory conversion of CCDs that completed their 18-month tenure. Each CCD converts into one share at Rs 264 (face value Rs 10, premium Rs 254). Paid-up capital rose from Rs 145.24 crore to Rs 152.58 crore. Separately, 1.76 crore warrants issued alongside the CCDs in June 2024 will lapse if holders do not exercise conversion before expiry.

Likely market impact

Minor equity dilution from CCD conversion; expiry of warrants removes a small overhang and brings clarity on share count.