Manaksia Coated Metals closes QIP issuing 1.2 crore shares at ₹125 each
Manaksia Coated Metals & Industries · Industrial Products
Key highlights
- Board approved closing of Qualified Institutions Placement on November 5, 2026
- Allocated 1,19,99,847 shares at ₹125 each with a discount of ₹2.01 on floor price ₹127.01
- Placement Document dated November 5, 2026, to be filed with stock exchanges and published online
Why it's rated notable: A QIP closed with an allocation of 1,19,99,847 Equity Shares at INR 125 each, but the filing states no aggregate issue amount, so the level stays at the medium default.
Original filing
Board Meeting Outcome for PLEASE FIND ENCLOSED OUTCOME OF RESOLUTION PASSED BY CIRCULATION DATED 05.11.2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Manaksia Coated Metals & Industries
- Fundraise / allotmentNotableManaksia Coated Metals announces QIP issue approval and floor price ₹127.01
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- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
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Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.