Investment20 Aug 2026, 09:00 pm
SPR Auto Closes Issue, Allocates 23.36 Lakh Shares at ₹4,280
AI Summary
SPR Auto Technologies Ltd announced that its Finance and Investment Committee has approved the closure of an issue. The committee approved the allocation of 23,36,448 Equity Shares at an issue price of ₹4,280.00 per share, representing a 3.56% discount to the floor price. The issue was open from August 17, 2026, and closed on August 20, 2026. The company will file the placement document and has made it available on its website. The meeting concluded at 8:45 PM on August 20, 2026.
Key Highlights
- Issue closed on August 20, 2026, after receiving applications and funds.
- 23,36,448 Equity Shares allocated at ₹4,280 per share.
- Issue price is at a 3.56% discount to the floor price of ₹4,438.20.
- Placement document approved and will be filed with stock exchanges.
- Allocation confirmation notes to be sent to eligible QIBs.
Price Impact
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