IFL Enterprises Share Price in Focus as Rights Issue Opens June 19

IFL Enterprises Share Price in Focus as Rights Issue Opens June 19

Market Performance

IFL Enterprises' share price is likely to be in the spotlight this week as the company prepares to launch its rights issue. Investors are closely tracking the development, with key subscription dates and financial figures now officially announced.

Main News: IFL Enterprises Rights Issue Details

IFL Enterprises Limited is set to open its rights issue on Thursday, June 19, 2025, aiming to raise a total of ₹49.14 Crore.

Here are the key highlights of the rights issue:

  • Issue Price: ₹1 per share
  • Total Issue Size: ₹49.14 Crore
  • Equity Shares Offered: 49,147,662 fully paid-up shares (face value ₹1 each)
  • Opening Date: June 19, 2025
  • Closing Date: June 30, 2025
  • Record Date: June 13, 2025
  • Entitlement Ratio: 60 rights shares for every 91 fully paid-up equity shares held
  • Last Date for On-Market Renunciation: June 24, 2025

The funds raised through this issue are intended to strengthen the company's financial position and cater to general corporate requirements.

Company Details: About IFL Enterprises

IFL Enterprises Limited operates in the agri-commodity sector, focusing on the import, export, and trading of agricultural commodities. The company has shown notable financial progress in recent quarters.

Financial Performance Overview

Revenue

  • FY25 Revenue: ₹120.60 Crore
  • FY24 Revenue: ₹8.24 Crore
  • Year-on-Year Growth: Over 13-fold increase

Net Profit

  • FY25 Net Profit: ₹2.99 Crore
  • FY24 Net Profit: ₹84.5 lakh
  • YoY Growth: 254% increase

Quarterly Highlights (Q4 FY25)

  • Q4 FY25 Revenue: ₹72.13 crore
  • Q4 FY24 Revenue: ₹1.98 crore
  • Q4 FY25 Net Profit: ₹3.04 crore

The company's Q4 performance also reflected a significant improvement in both revenue and profitability when compared to the same quarter last year.

Summary

The IFL Enterprise's share price may see increased investor attention as the rights issue opens on June 19. With a low issue price of ₹1 per share and a large-scale fundraising target of ₹49.14 Crore, this move is aimed at enhancing financial stability.

Backed by substantial year-on-year revenue and profit growth, the company's rights issue comes at a time when its financial performance is demonstrating robust momentum.

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