Univastu allots 18.39 lakh convertible warrants at Rs 87 to 5 investors

Fund Raising View source PDF Explain this filing

UNIVASTU · price

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

+2.0%Reaction day

₹158.30

prior close

₹160.70

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.6% vs market

Civil Construction peers, median of 97sector-0.0%+2.0% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.0 pts more than its Civil Construction 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

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Sessions after the filingfrom the prior close

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Reaction day

+2.0+0.3+1.6-0.0+2.0

Next day

-1.5+0.6-2.1-0.3-1.2

-2.8-0.4-2.4-1.2-1.5

+1.5-0.9+2.5-1.9+3.4

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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

AI summary

Board approved allotment of 18,39,339 fully convertible warrants on preferential basis at Rs 87 per warrant, totaling about Rs 16 crore. Company received 25 percent subscription amount of about Rs 4 crore. Allotment to 5 investors, including 2 promoters (Dr. Pradeep Khandagale and Mrs. Rajashri Khandagale) and 3 non-promoters. Each warrant convertible into 1 equity share of Rs 10 face value within 18 months on payment of balance 75 percent.

Likely market impact

Potential equity dilution if warrants convert; signals fund raise of about Rs 16 crore through preferential route from promoter and select investors.