Shivam Autotech approves rights issue
Shivam Autotech (SHIVAMAUTO) said it has approved rights issue. The company is valued at about ₹208 crore.
What happened
In a filing with the BSE on 21 October 2026 at 07:16 PM, Shivam Autotech (SHIVAMAUTO) said that it has approved rights issue.
Company snapshot
Shivam Autotech is a micro-cap company, with a market value of about ₹208 crore.
The stock last traded at ₹15.8, against a 52-week range of ₹13.05–₹30.9 (48.9% below the high).
Before this filing the shares had moved −2.4% over the month and −7.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.26 crore.
Promoters held 69.52% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 91 | -17.7 | -1.34 |
| Q2 FY26 | 204 | -30.1 | -4.58 |
| Q3 FY26 | 96 | -24.5 | -1.87 |
| Q4 FY26 | 410 | -81.3 | -6.19 |
| Q1 FY27 | 110 | -21 | -1.6 |
What history shows
BCEIE's records show 4 previous fund raising filings from the company since May 2026.
After those filings, the stock gained 8.5% on average the next trading day and was up 19.3% on average after five days (4 filings with price data).
Market-wide, 1,623 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 |
|---|---|---|---|
| 13 Oct 2026 | Submission of Letter of Offer for Right Issue of Fully Paid-Up… | +12.4% | — |
| 8 Oct 2026 | Intimation of New ISIN for Rights Entitlement of Shivam Autotech… | +6.8% | +18.1% |
| 8 Oct 2026 | The Board of directors in its meeting held on October 08, 2026, has… | +6.8% | +18.1% |
| 8 Oct 2026 | Outcome of Board Meeting for Approval of Letter of Offer, Issue… | +7.9% | +21.6% |
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):
- Shivam Autotech Files Rs 120 Crore Rights Issue to Clean Balance Sheet, Fix Working Capital
- Shivam Autotech (SHIVAMAUTO) Share Price Rises 8.23% as Stock Trades at Rs 19.59
- Shivam Autotech Board Approves Rs 120 Crore Rights Issue; Sets Record Date for October 15
- Shivam Autotech SHIVAMAUTO Rights Issue Pre-Issue Ad Oct 2026
- Shivam Autotech vs Nifty 50: 1Y Return -40.38% vs -10.93%
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.