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Spicejet moves higher on raising funds through allotment of CCDs

01 Jan 2013 Evaluate

Spicejet is currently trading at Rs 45.10, up by 1.10 points or 2.50% from its previous closing of Rs 44.00 on the BSE.

The scrip opened at Rs. 44.60 and has touched a high and low of Rs 45.20 and Rs. 44.60 respectively. So far 793600 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.90 on 07-Dec-2012 and a 52 week low of Rs. 15.95 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 45.60 and Rs. 42.80 respectively. The current market cap of the company is Rs. 2174.73 crore.

The promoters holding in the company stood at 48.59 % while Institutions and Non-Institutions held 14.56 % and 36.86 % respectively.

SpiceJet, India's second-biggest budget carrier by market share has raised funds to the tune of Rs 126.50 crore by allotment of 12.65 million compulsory convertible debentures (CCDs) of Rs 100 each to Mr. Kalanithi Maran, promoter of the company on preferential basis.

The company had already received its shareholders nod to raise funds through issue of debentures and warrants, on preferential basis, to its promoter Kalanithi Maran.

SpiceJet Share Price

13.88 -0.26 (-1.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4638.75
SpiceJet 13.88
Raymond 422.05
Global Vectra Helico 203.85
Taneja Aerospace 281.55
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