Shalimar Paints plans qualified institutions placement (QIP)
Shalimar Paints (SHALPAINTS) said it has taken up qualified institutions placement (QIP). The company is valued at about ₹710 crore.
What happened
In a filing with the NSE on 13 November 2026 at 06:58 PM, Shalimar Paints (SHALPAINTS) said that it has taken up qualified institutions placement (QIP).
Company snapshot
Shalimar Paints is a micro-cap company, with a market value of about ₹710 crore.
The stock last traded at ₹84.86, against a 52-week range of ₹35.21–₹95.95 (11.6% below the high).
Before this filing the shares had moved +8.0% over the month and +1.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.89 crore.
Promoters held 74.96% at the end of Q2 FY27; 70.51% of promoter shares were pledged. Foreign institutions owned 0.01% and domestic institutions 0.03%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 134 | -14.1 | -1.69 |
| Q3 FY26 | 131 | -26.7 | -3.18 |
| Q4 FY26 | 156 | -7.4 | -0.88 |
| Q1 FY27 | 138 | -21.3 | -2.54 |
| Q2 FY27 | 116 | -32.6 | -3.89 |
What history shows
BCEIE's records show 2 previous fund raising filings from the company since May 2026.
After those filings, the stock gained 10.2% on average the next trading day and was down 0.1% on average after five days (2 filings with price data).
Market-wide, 1,804 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 13 Aug 2026 | Fund raising | +10.2% | −0.1% |
| 13 Aug 2026 | Fund raising | +10.2% | −0.1% |
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):
- Shalimar Paints launches diwali campaign celebrating festive togetherness
- Shalimar Paints appoints Glover through November 2029
- Shalimar Paints appoints Sen & Ray as auditors, names Glover director
- Shalimar Paints Limited (SHALPAINTS.BO) Seasonal returns chart
- Broad-Based Technical Strength Lifts Shalimar Paints Ltd to 52-Week High of Rs 97.69
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.