₹49.15 Crores | Listing at BSE | Mon, Jun 23, 2025 - Mon, Jun 30, 2025
Ifl Enterprises Ltd Rights Issue comprises 49.15 Cr equity shares aggregating to ₹49.15 Cr, offered at an issue price of ₹1 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Jun 13, 2025, with the Rights Issue being offered in the entitlement ratio of 60 : 91.
The term of payment is defined as following : The entire Issue Price will be payable at the time of making the application in the Issue.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jul 8, 2025.
The Rights Issue opens on Jun 23, 2025, and closes on Jun 30, 2025, with renunciation of Rights Entitlements permitted up to Jun 25, 2025.
The deemed date of allotment is Jul 8, 2025, following which the equity shares are expected to be credited to demat accounts on Jul 8, 2025 and listed at the BSE on Jul 9, 2025.
Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Ifl Enterprises Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Jun 13, 2025
Entitlement Ratio
60 : 91
Open Date
Mon, Jun 23, 2025
Close Date
Mon, Jun 30, 2025
The entire Issue Price will be payable at the time of making the application in the Issue.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 142.73 | 28.90 | 28.50 |
| Revenue | 18.49 | 9.92 | 9.47 |
| Profit After Tax | -0.51 | 0.84 | 0.52 |
| Net Worth | 74.65 | 25.63 | 25.01 |
| Total Borrowing | 65.78 | 0.20 | |
| Amount in ₹ Crore | |||
Incorporated in 2009, IFL Enterprises Ltd, a subsidiary of India Finsec Ltd, is engaged in corporate advisory, debt syndication, and execution services with a focus on small and medium enterprises in corporate and non-corporate sectors in India. They are also involved in the business of trading in textile products primarily fabrics.
They acquired Direct Selling Agency of PNB Housing Finance, Tata Capital Housing Finance Ltd, and IDFC Bank, and are in the process of obtaining DSA for ICICI Bank, Axis Bank, IDBI Bank, and India Bulls. They are a trader in textile products, acting as an intermediary between buyers and sellers. They buy goods on cash basis and provide credit to cash-strapped businessmen in this field.
The objects of the issue are:
[Dilip Davda] IEL is in the business of trading and marketing variety of products and also in corporate advisory services. This is the 2nd RI from the company since May 2024. Boosted top and bottom lines for FY25 surprises one and all and raise eyebrows as it is operating in a highly competitive and fragmented segment. Though the RI is at par value, it’s a “High Risk/Low Return” bet. There is no harm in skipping this risky at par bet. Read detail review...
Ifl Enterprises Rights Issue 2025 got oversubscribed by 1.03 times by the end of the bidding period with total bid quantity received by BSE of 50,72,20,806 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Jun 30 2025 17:00:00 | 50,72,20,806 | 1.03x |
Ifl Enterprises Ltd
Office No. 412, 4th floor
Shilp Zaveri, Samruddhi Soc., NR. Shyamal Cross
Satellite, Polytechnic
Ahmedabad, 380015
Skyline Financial Services Pvt.Ltd.
The Ifl Enterprises Rights Issue 2025 opens on Mon, Jun 23, 2025, and closes on Mon, Jun 30, 2025.
Ifl Enterprises Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Wed, Jun 18, 2025 |
| Last Date for renunciation of Rights Entitlements | Wed, Jun 25, 2025 |
| Issue Opening Date | Mon, Jun 23, 2025 |
| Issue Closing Date | Mon, Jun 30, 2025 |
| Date of Allotment (on or about) | Tue, Jul 8, 2025 |
| Date of Credit (on or about) | Tue, Jul 8, 2025 |
| Date of Listing (on or about) | Wed, Jul 9, 2025 |
You can apply for Ifl Enterprises Rights Issue 2025 in two ways:
Steps to apply for Ifl Enterprises Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Ifl Enterprises Rights Issue 2025 using Registrar's website (R-WAP)
