Wheels India opens QIP at Rs 2,197.10 floor price per share

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

+8.0%Reaction day

₹2170.60

prior close

₹2260.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+7.7% vs market

Auto Components & Equipments peers, median of 125sector+0.3%+7.7% vs sector

On the reaction day the stock moved 7.7 pts more than Nifty Microcap 250 and 7.7 pts more 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

-0.6

10m

-0.4

15m

-0.2

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.0+0.3+7.7+0.3+7.7

Next day

+7.1-1.3+8.4-1.5+8.6

+1.8-0.3+2.1-1.5+3.2

+2.5-0.6+3.1-1.1+3.6

+3.0-1.8+4.8-3.3+6.3

+1.4-1.8+3.2-4.1+5.5

+5.1-0.8+5.9-2.9+8.0

15d

+12.6-4.1+16.7-6.0+18.6

+1.4-9.4+10.7-9.2+10.6

—————

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 125Pending

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

AI summary

Wheels India has opened its qualified institutional placement (QIP) of equity shares. Floor price set at Rs 2,197.10 per share of Rs 10 face value. Company may offer up to 5 percent discount on floor price. Final issue price will be decided by Fundraise Committee on September 25, 2026. Trading window closed until September 26, 2026.

Likely market impact

Equity dilution likely. Final pricing on Sep 25 will signal demand strength. Watch for discount level.