Zota Health Care raises Rs 350 crore via QIP at 4.97 percent discount to floor price

Qip At DiscountMarquee Qip InvestorFund Raising View source PDF Explain this filing

ZOTA · 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

-4.9%Reaction day

₹1645.00

prior close

₹1649.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-4.5% vs market

Pharmaceuticals peers, median of 152sector-0.4%-4.4% vs sector

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 4.4 pts less than its Pharmaceuticals 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

-2.2

10m

-2.3

15m

-2.6

30m

-4.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.9-0.3-4.5-0.4-4.4

Next day

-5.2+0.9-6.1+0.6-5.7

-5.8+2.3-8.1+1.0-6.8

-4.9+2.4-7.2+1.1-6.0

-5.5+1.8-7.3+1.0-6.5

-5.8+1.3-7.1+0.6-6.4

-7.1+0.4-7.5-0.2-6.8

15d

-12.2-1.1-11.1-0.3-12.0

-21.5-3.3-18.2-2.6-18.9

-17.0-0.5-16.5-2.4-14.6

-29.4-8.2-21.2-8.9-20.5

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 152Pending

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

AI summary

Zota Health Care allotted 22.80 lakh equity shares via QIP at Rs 1,535 each, raising about Rs 350 crore. The price includes a Rs 1,525 premium over face value and a 4.97 percent discount to the floor price. Paid-up equity capital rose from Rs 30.89 crore to Rs 33.17 crore. Major allottees include Valiant Mauritius Partners entities (about 43 percent combined), Ashoka Whiteoak India Opportunities Fund and Sanshi Fund-I.

Likely market impact

Capital raise dilutes existing shareholders by about 7.4 percent. Discount to floor price signals pricing near the minimum allowed range.