Wheels India allots 12.32 lakh shares at Rs 1461 via preferential issue

Fund Raising View source PDF Explain this filing

WHEELS · price

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▲ 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

-0.2%Reaction day

₹2165.50

prior close

₹2174.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.7% vs market

Auto Components & Equipments peers, median of 122sector+0.2%-0.4% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.4 pts less than its Auto Components & Equipments 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

+1.5

10m

+0.9

15m

+0.9

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.4-0.7+0.2-0.4

Next day

+4.4+1.7+2.7+1.1+3.2

+0.2+0.2+0.0+0.3-0.1

+8.3+0.5+7.8+1.0+7.3

+7.4-1.1+8.5-0.5+7.8

+2.0-0.1+2.1-0.2+2.2

+3.2-1.6+4.8-2.1+5.3

15d

+11.2-1.4+12.6-3.3+14.5

-3.5-7.4+3.9-7.5+4.0

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 122Pending

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

AI summary

Wheels India allotted 12,32,031 equity shares at Rs 1461 each (premium of Rs 1451) aggregating about Rs 180 crores via preferential issue on private placement basis. Major allottee TSF Investments received 10.26 lakh shares (about Rs 150 crores), raising its stake from 25.01 percent to 27.81 percent. Other allottees include Mr. Srivats Ram, Ms. Nivedita Ram, and Ms. Gita Ram. Paid-up equity capital rose to Rs 25.66 crores with 2.56 crore shares. New shares rank equally with existing equity.

Likely market impact

Dilution for existing shareholders but raises about Rs 180 crores. TSF Investments stake rises to 27.81 percent, strengthening promoter group.