Cholamandalam Investment and Finance Company allots qualified institutions placement (QIP)
Cholamandalam Investment and Finance Company (CHOLAFIN) said it has allotted qualified institutions placement (QIP). The company is valued at about ₹1.38 lakh crore.
What happened
In a filing with the BSE on 30 September 2026 at 08:41 PM, Cholamandalam Investment and Finance Company (CHOLAFIN) said that it has allotted qualified institutions placement (QIP).
From the filing: "The conversion price is computed at 16.50% discount to the seven trading days volume weighted average price of equity shares of the Company traded on NSE preceding 30 September, 2026 as per the terms of the issue of CCDs. 1."
Company snapshot
Cholamandalam Investment and Finance Company is a large-cap company in the Financial Services sector, with a market value of about ₹1.38 lakh crore.
The stock last traded at ₹1,620, against a 52-week range of ₹1,299.4–₹1,952.5 (17.0% below the high).
Before this filing the shares had moved −12.3% over the month and −9.4% over three months. Average daily turnover over the last 20 sessions was about ₹257 crore.
Promoters held 49.22% at the end of Q1 FY27, down 0.03% points from the previous quarter. Foreign institutions owned 24.45% and domestic institutions 20.62%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 7,267 | 1,137.8 | 13.53 |
| Q2 FY26 | 7,491 | 1,159.6 | 13.78 |
| Q3 FY26 | 7,898 | 1,290 | 15.29 |
| Q4 FY26 | 8,417 | 1,645.2 | 19.33 |
| Q1 FY27 | 8,856 | 1,656.2 | 19.43 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 10 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.4% on average the next trading day and was up 0.5% on average after five days (10 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and +0.4% over five days; 50% of them rose the next day.
Market-wide, 1,475 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 22 Sept 2026 | Members of the Exchange are hereby informed that the trading in… | −4.4% | — |
| 1 Sept 2026 | Fund raising | +1.9% | +0.8% |
| 21 Aug 2026 | Allotment of 35000 securities pursuant to Non Convertible Securities… | +0.5% | −0.3% |
| 21 Aug 2026 | Members of the Exchange are hereby informed that the trading in… | +0.5% | −0.3% |
| 28 Jul 2026 | Approval for issuance of Securities | +1.0% | +5.0% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
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.