In the latest market development, IFL Enterprises has seen a positive movement in its share price as the company opens a significant Rights Issue to strengthen its financial footing.
As of 2:01 PM on June 25, 2025, IFL Enterprises share price has gained by 2.63 % on the BSE. The movement comes as the company launches its ₹49.15 crore Rights Issue, creating renewed interest in the counter.
The ₹49.15 crore Rights Issue of IFL Enterprises Ltd opened for subscription on 23 June 2025 and will remain open until 30 June 2025. The offer is attractively priced at ₹1 per share and provides existing shareholders with an opportunity to increase their equity at a compelling valuation. Eligible shareholders as on the record date (June 13, 2025) can apply for 60 Rights Equity Shares for every 91 fully paid‑up equity shares held.
Shareholders should note that the last date for on‑market renunciation of Rights Entitlements (REs) is Wednesday, June 25, 2025. After this date, REs can no longer be traded on the exchange, so shareholders must act promptly if they wish to renounce or transfer their entitlements.
The proceeds from this Rights Issue will be utilised to strengthen the company’s financial position and support general corporate purposes. The issuance comprises 49,14,76,620 fully paid‑up equity shares of face value ₹1 each, demonstrating the company’s intent to widen its equity base while offering value to its existing shareholders.
This Rights Issue also reflects the strategic direction taken by the newly appointed Managing Director, Mr Abhishek Pratapkumar Thakkar. Under his leadership, the company aims to enhance operational efficiency and expand its service offerings in the agri-commodity segment.
In Q4 FY25, the company reported a consolidated net profit of ₹3.04 crore. Revenue from operations for the same quarter stood at ₹72.13 crore, up from ₹1.98 crore in Q4 FY24, showcasing significant growth in both top and bottom line.
For the financial year ending March 2025, IFL Enterprises reported a sharp jump in revenue from operations, registering ₹120.60 crore—a more than 13‑fold increase compared to ₹8.24 crore in FY24. Net profit for FY25 also grew substantially to ₹2.99 crore, reflecting a 254 % year‑on‑year rise from ₹84.5 lakh in the previous year.
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Incorporated in 2009, IFL Enterprises Ltd is engaged in the agri commodity business, including the import and export of agricultural produce such as fruits, vegetables, seeds, organic and herbal products. It also manages trading of agri commodity products including contract farming and warehousing. Additionally, the company operates in the financial instruments segment, dealing in shares, stocks, and bonds.
The Rights Issue marks a strategic move by IFL Enterprises to strengthen its financial base. Investors have until June 30 to subscribe and June 25 to renounce REs.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Jun 25, 2025, 3:37 PM IST
Team Angel One
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