Archive · 25 Jun 2025
IFL Enterprises Rights Issue Opens to Raise ₹49.15 Crore
IFL Enterprises is offering existing shareholders a chance to buy more shares to raise about 49 crore rupees.
This is a way for the company to get more money.
Shareholders can buy the new shares based on how many shares they already own.
The company plans to use the money to improve its financial standing.
The company's sales and profits grew significantly in the last year, operating in the agricultural commodity import and export sector.
IFL Enterprises launched a rights issue to raise ₹49.15 crore.
The rights issue opened on June 23, 2025, and closes on June 30, 2025.
Shareholders can apply for rights shares at a ratio of 60 shares for every 91 held.
The last date for on-market renunciation is June 25, 2025.
The company's revenue increased to ₹120.60 crore in FY25.
- Who
- IFL Enterprises.
- What
- IFL Enterprises launched a rights issue to raise ₹49.15 crore.
- When
- The rights issue opened June 23, 2025, and closes June 30, 2025.
- Where
- Ahmedabad, Gujarat, India.
- Why
- To strengthen the company’s financial position and support general corporate purposes.
Shareholders
Company
Rights Issue Impact
Shareholders
Benefit from the opportunity to increase their stake in the company at a potentially favorable price.
Company
Risk dilution of their holdings if they do not participate, potentially decreasing earnings per share.
- Company
- IFL Enterprises
- Amount to be Raised
- ₹49.15 crore
- Issue Open Date
- June 23, 2025
- Issue Close Date
- June 30, 2025
- Rights Ratio
- 60 shares for every 91 held
- Record Date
- June 13, 2025
- Last Date for Renunciation
- June 25, 2025
- FY25 Revenue
- ₹120.60 crore
