Multiples funds launch Rs 388 per share open offer for VIP Industries
VIPIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.6 pts less than its Plastic Products - Consumer peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Multiples funds and partners are seeking up to 3.71 crore VIP Industries shares, 26.03% of the company's expanded share capital, at Rs 388 per share in cash. Tendering runs from 3 to 17 Nov 2025. India's competition regulator approved the deal on 26 Aug 2025, and the funds already bought 83.90 lakh shares, or 5.89%, on 26 Sep. Rs 1,437.78 crore is set aside for the offer.
Shareholders can tender at Rs 388 per share; the offer may support the stock, but market prices can differ and tendered shares cannot be withdrawn.