Manaksia Coated Metals & Industries plans qualified institutions placement (QIP)
Manaksia Coated Metals & Industries (BSE: MANAKCOAT) said it has taken up qualified institutions placement (QIP). The company is valued at about ₹1,609 crore.
What happened
Manaksia Coated Metals & Industries (BSE: MANAKCOAT) informed the stock exchanges on 5 November 2026 at 08:42 PM that it has taken up qualified institutions placement (QIP).
Company snapshot
Manaksia Coated Metals & Industries is a small-cap company, with a market value of about ₹1,609 crore.
The stock last traded at ₹150.9, against a 52-week range of ₹94.2–₹156.9 (3.8% below the high).
Before this filing the shares had moved +19.6% over the month and +32.5% over three months. Average daily turnover over the last 20 sessions was about ₹8.03 crore.
Promoters held 57.78% at the end of Q2 FY27. Foreign institutions owned 0.19% and domestic institutions 0.59%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 220 | 14 | 1.45 |
| Q3 FY26 | 187 | 7.3 | 0.74 |
| Q4 FY26 | 227 | 5.4 | 0.66 |
| Q1 FY27 | 262 | 14.1 | 1.33 |
| Q2 FY27 | 319 | 18.7 | 1.76 |
What history shows
BCEIE's records show 1 previous fund raising filing from the company since May 2026.
Market-wide, 1,733 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
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):
- Manaksia Coated Metals & Industries Ltd Estimates – NSE:MANAKCOAT
- Manaksia Coated Metals targets threefold FY29 output, income
- Manaksia Coated Metals Opens QIP at Rs 127.01 Floor Price
- Manaksia Coated Metals & Industries Limited (MANAKCOAT.NS) Seasonal Returns Chart - Yahoo Finance
- Manaksia Coated Metals Reports Q2 Revenue Of ₹3.2 Billion Versus ₹2.2 Billion YoY
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.