Apollo Pipes: Allotment of 20,00,000 equity shares pursuant to conversion of warrants issued on preferential basis
Apollo Pipes (APOLLOPIPE) filed a disclosure titled "Allotment of 20,00,000 equity shares pursuant to conversion of warrants issued on preferential basis". The company is valued at about ₹2,329 crore.
What happened
Apollo Pipes (APOLLOPIPE) filed a disclosure with the exchanges on 17 October 2026 at 10:36 AM titled "Allotment of 20,00,000 equity shares pursuant to conversion of warrants issued on preferential basis".
Company snapshot
Apollo Pipes is a small-cap company, with a market value of about ₹2,329 crore.
The stock last traded at ₹528.8, against a 52-week range of ₹252.1–₹668.8 (20.9% below the high).
Before this filing the shares had moved +1.6% over the month and +5.9% over three months. Average daily turnover over the last 20 sessions was about ₹9.01 crore.
Promoters held 51.72% at the end of Q1 FY27. Foreign institutions owned 2.54% and domestic institutions 7.20%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 275 | 8.1 | 1.85 |
| Q2 FY26 | 236 | -0.2 | 0.31 |
| Q3 FY26 | 247 | -3.3 | -1.08 |
| Q4 FY26 | 347 | -0.1 | -0.03 |
| Q1 FY27 | 295 | -8.6 | -2.52 |
What history shows
This is not the company's first corporate update disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
Market-wide, 267 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.2%, with 41% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.