Archive · 30 Oct 2025
3i Infotech Rights Issue Oversubscribed, Raises ₹64.10 Crore
Imagine a company, 3i Infotech, wanted to raise some money to grow bigger and better.
They decided to ask their current owners, called shareholders, if they wanted to buy more company 'pieces' (shares) at a special price.
This special offer was called a 'rights issue'.
Many people, including the company's own bosses and other investors, thought this was a great idea and bought more shares than the company offered!
Because so many people wanted to buy, the offer was 'oversubscribed'.
This means the company successfully raised more money than they initially planned, which they will use to invest in new technologies like cloud and AI to help the company grow in the future.
3i Infotech Limited raised ₹64.10 crore through its rights issue, which was oversubscribed by 1.47 times.
The rights issue, open from October 7 to October 27, 2025, saw applications for 5.54 crore shares against 3.77 crore offered.
Shareholders could buy two new shares for every nine held at ₹17 per share.
The funds raised will be used for strategic initiatives, including developing new-age technologies and expanding geographically.
The success of the issue indicates investor confidence in the company's vision and strategic direction.
- Who
- 3i Infotech Limited
- What
- Successfully concluded its rights issue, raising ₹64.10 crore, which was oversubscribed by 1.47 times.
- When
- The issue was open from October 7 to October 27, 2025.
- Where
- India (implied by exchange filing and INR currency)
- Why
- To raise capital for strategic initiatives, build capabilities in new-age technologies, expand into new industries and geographies, accelerate digital-first growth strategy, and enhance financial flexibility.
- Total Amount Raised
- ₹64.10 crore
- Subscription Period
- October 7 - October 27, 2025
- Oversubscription Ratio
- 1.47 times
- Issue Ratio
- 2:9
- Issue Price
- ₹17 per share
- Expected Increase in Equity Share Capital
- From ₹169.69 crore to ₹207.39 crore