Wheels India revises preferential issue price upward to Rs 1,461 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

-0.4%Reaction day

₹1542.00

prior close

₹1555.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+0.5% vs market

Auto Components & Equipments peers, median of 122sector-0.6%+0.2% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.2 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

+0.4

10m

+0.3

15m

+0.3

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-1.0+0.5-0.6+0.2

Next day

+0.2-1.5+1.7-1.6+1.8

+7.3-0.9+8.3-1.1+8.5

+11.7-0.3+12.0-0.6+12.3

+14.6+0.1+14.5-1.2+15.8

+36.6+0.7+35.9-1.1+37.7

+47.0+0.3+46.7-1.9+48.9

15d

+46.6+1.0+45.6-1.6+48.1

+44.9-2.4+47.3-4.9+49.9

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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 Board revised the preferential issue price from Rs 1,418 to Rs 1,461 per share after NSE raised valuation observations. Total funds to be raised remain unchanged at about Rs 180 crore, with share count adjusted down accordingly. Allottees: TSF Investments (10.27 lakh shares), Srivats Ram (1.03 lakh), Nivedita Ram (51,334), and Gita Ram (51,334). EGM on September 17, 2026.

Likely market impact

Higher issue price means less dilution for existing shareholders. Total raise of about Rs 180 crore unchanged via preferential allotment.