Mangal Credit and Fincorp allots ₹61.75 crore warrants
Mangal Credit and Fincorp (BSE: MANCREDIT) said it has allotted warrants of ₹61.75 crore. The company is valued at about ₹458 crore.
What happened
Mangal Credit and Fincorp (BSE: MANCREDIT) informed the stock exchanges on 19 October 2026 at 05:46 PM that it has allotted warrants of ₹61.75 crore.
From the filing: "Name of the Allottees No. of Warrants Category Issued Price Total Consideration 25% of the t otal c onsideration paid upfront for subscription of warrants 1 Mr."
How big is it?
At ₹61.75 crore, the issue is equal to about 13.5% of the company's market value of ₹458 crore.
Company snapshot
Mangal Credit and Fincorp is a micro-cap company, with a market value of about ₹458 crore.
The stock last traded at ₹216.9, against a 52-week range of ₹152.1–₹287.3 (24.5% below the high).
Before this filing the shares had moved +0.8% over the month and −3.3% over three months. Average daily turnover over the last 20 sessions was about ₹3.4 crore.
Promoters held 55.25% at the end of Q1 FY27. Foreign institutions owned 0.12% and domestic institutions 0.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 14 | 3 | 1.53 |
| Q2 FY26 | 16 | 3 | 1.48 |
| Q3 FY26 | 18 | 3.8 | 1.82 |
| Q4 FY26 | 21 | 5.5 | 2.59 |
| Q1 FY27 | 22 | 5.7 | 2.7 |
What history shows
BCEIE's records show 4 previous fund raising filings from the company since May 2026.
After those filings, the stock gained 2.8% on average the next trading day and was up 2.4% on average after five days (4 filings with price data).
Market-wide, 1,616 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 |
|---|---|---|---|
| 9 Sept 2026 | Intimation with respect to allotment of 3,500 Non-Convertible… | −1.2% | −2.7% |
| 14 Aug 2026 | Board Meeting Outcome for Considering And Approving The New Issuance… | −4.6% | −6.5% |
| 23 Jun 2026 | Fund raising | +5.8% | +11.4% |
| 28 May 2026 | Issue of Securities subject to members approval. | +11.0% | +7.5% |
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.