Virinchi allots ₹30 crore preferential issue
Virinchi (BSE: VIRINCHI) said it has allotted preferential issue of ₹30 crore. The company is valued at about ₹165 crore.
What happened
Virinchi (BSE: VIRINCHI) informed the stock exchanges on 10 November 2026 at 08:38 PM that it has allotted preferential issue of ₹30 crore.
From the filing: "Approved Raising of Funds by Preferential Issue of Convertible Equity Warrants to Certain Identified Promoter and Non-Promoter entities."
How big is it?
At ₹30 crore, the issue is equal to about 18.2% of the company's market value of ₹165 crore.
Company snapshot
Virinchi is a micro-cap company, with a market value of about ₹165 crore.
The stock last traded at ₹14.66, against a 52-week range of ₹11.82–₹27.88 (47.4% below the high).
Before this filing the shares had moved +14.9% over the month and −7.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.08 crore.
Promoters held 39.46% at the end of Q1 FY27, down 0.64% points from the previous quarter; 17.24% of promoter shares were pledged. Foreign institutions owned 0.00% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 80 | 0.4 | 0.04 |
| Q2 FY26 | 62 | -13.6 | -1.32 |
| Q3 FY26 | 77 | 1.7 | 0.28 |
| Q4 FY26 | 66 | -16.8 | -1.38 |
| Q1 FY27 | 70 | 0.5 | 0.04 |
What history shows
BCEIE's records show 2 previous fund raising filings from the company since May 2026.
After those filings, the stock fell 2.0% on average the next trading day and was down 1.0% on average after five days (2 filings with price data).
Market-wide, 1,784 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 5 Jun 2026 | Fund raising | −1.0% | +2.8% |
| 3 Jun 2026 | Fund raising | −3.1% | −4.8% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 10 November 2026: Board meeting — Financial Results/Fund Raising.
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.