Cubex Tubings approves ₹75 crore preferential issue
Cubex Tubings (CUBEXTUB) said it has approved preferential issue of ₹75 crore. The company is valued at about ₹288 crore.
What happened
Cubex Tubings (CUBEXTUB) told the exchanges on 14 October 2026 at 07:27 PM that it has approved preferential issue of ₹75 crore.
From the filing: "The proposed issue is subject to approval of the members, where applicable, necessary stock exchange approvals and such other regulatory and statutory approvals as may be required, and shall be undertaken in accordance with the Companies Act, 2013, the applicable SEBI regulations and other…"
How big is it?
At ₹75 crore, the issue is equal to about 26.1% of the company's market value of ₹288 crore.
Company snapshot
Cubex Tubings is a micro-cap company, with a market value of about ₹288 crore.
The stock last traded at ₹200.9, against a 52-week range of ₹73.1–₹200.9 (0.0% above the high).
Before this filing the shares had moved +148.1% over the month and +139.5% over three months. Average daily turnover over the last 20 sessions was about ₹6.99 crore.
Promoters held 44.42% at the end of Q1 FY27. Foreign institutions owned 0.00% and domestic institutions 0.32%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 50 | 1.2 | 0.86 |
| Q2 FY26 | 74 | 1.7 | 1.22 |
| Q3 FY26 | 75 | 3.1 | 2.17 |
| Q4 FY26 | 89 | 1.4 | 0.96 |
| Q1 FY27 | 65 | 1.3 | 0.92 |
What history shows
BCEIE's records show 2 previous fund raising filings from the company since May 2026.
After those filings, the stock gained 2.1% on average the next trading day and was up 42.0% on average after five days (2 filings with price data).
Market-wide, 1,582 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 |
|---|---|---|---|
| 17 Sept 2026 | Approved the proposal for raising of funds - 135 crores | +7.0% | +86.5% |
| 4 Jul 2026 | 'NOT A LARGE BODY CORPORATE'. | −2.8% | −2.4% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 14 October 2026: Board meeting — Fund Raising/Other business matters.
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.