Zen Technologies reports no deviation in QIP fund usage for Q1FY27

QIP at a premiumFund Raising View source PDF Explain this filing

ZENTEC · price

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

-4.8%Reaction day

₹1765.00

prior close

₹1613.60

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.3%-6.1% vs market

Aerospace & Defense peers, median of 24sector-0.4%-4.4% vs sector

On the reaction day the stock moved 6.1 pts less than Nifty Smallcap 250 and 4.4 pts less than its Aerospace & Defense 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

+2.4

10m

+3.8

15m

+4.1

30m

+4.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.8+1.3-6.1-0.4-4.4

Next day

-7.0+0.8-7.8-2.2-4.8

-6.9+2.1-9.1-1.3-5.7

-9.1+1.4-10.5-2.8-6.3

-8.0+1.8-9.8-0.9-7.1

-6.2+3.2-9.4+1.1-7.3

-5.4+4.1-9.5-0.0-5.4

15d

+5.7+4.0+1.7-0.1+5.8

+3.4+4.7-1.3+2.3+1.1

-7.0+1.5-8.5+5.4-12.3

-11.5-3.8-7.7-2.6-8.9

UpDownMarket · Nifty Smallcap 250Sector · Aerospace & Defense peers, median of 24Pending

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

AI summary

Zen Technologies filed the quarterly statement on QIP fund usage under Reg 32 for Q1FY27. The company raised Rs 979.51 crores (net) via QIP in Aug 2024 by issuing 62.46 lakh shares at Rs 1,601 each. There is no deviation from original objects. Original allocation: working capital Rs 410 cr, acquisitions Rs 350 cr, general corporate Rs 219.51 cr. This quarter, Rs 171.42 cr was used for acquisitions and Rs 131.21 cr for general purposes. CRISIL is the monitoring agency.

Likely market impact

No deviation in QIP fund usage confirms management is deploying the Rs 980 crore raised in 2024 as per stated objects, a positive compliance signal for shareholders.