IFL Enterprises Rights Issue January 2025 description – Incorporated in 2009, IFL Enterprises, formerly a subsidiary of India Finsec Limited, manages the group’s other business activities. The company specializes in corporate advisory, debt syndication, and execution services, strongly emphasizing small and medium enterprises (SMEs) in corporate and non-corporate sectors. Additionally, IFL Enterprises has been involved in the trade of textile products, primarily fabrics.
The company has acquired Direct Selling Agency (DSA) agreements with PNB Housing Finance, Tata Capital Housing Finance Ltd, and IDFC Bank. It is working to obtain DSA agreements with ICICI Bank, Axis Bank, IDBI Bank, and India Bulls. It trades textile products, serving as an intermediary between buyers and sellers. The company purchases goods on a cash basis and extends credit to businessmen who may lack sufficient cash flow in this industry.
Promoters of IFL Enterprises – Mr. Nishant Subhashchandra Gandhi
Table of Contents
IFL Enterprises Rights Issue January 2025 Details
| IFL Enterprises Rights Issue Date | Coming soon |
| IFL Enterprises Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 49.50 crore |
| Issue Entitlement | equity shares for every equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Rights Issue Record Date | Coming soon |
| Face Value | INR 1 per share |
| Listing On | BSE |
IFL Enterprises Rights Issue January 2025 Calculation
| IFL Enterprises Rights Issue Price | INR per share |
| Market Price on Rights Issue Approval | INR per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | INR per share |
IFL Enterprises Financial Performance
| Â | FY 2023 | FY 2024 |
| Revenue | 8.17 | 8.24 |
| Expenses | 8.71 | 8.39 |
| Operating Margin (%) | (0.54) | (0.15) |
| Net Income | 0.52 | 0.85 |
| ROCE (%) | 4.43- | 5.06 |
IFL Enterprises Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To Meet the working capital of the company
- General Corporate Purposes
IFL Enterprises Rights Offer Documents
- IFL Enterprises Rights Issue Application Form
- IFL Enterprises Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
IFL Enterprises Rights Issue Dates
| Rights Issue Approval Date | 30 December 2024 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
IFL Enterprises Rights Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi-110020
Phone:Â 011-40450193/97
Email:Â [email protected]
Website: www.skylinerta.com
IFL Enterprises Contact Details
IFL ENTERPRISES LIMITED
A-607, Prahladnagar Trade Center Radio
Mirchi Road, Vejalpur, Ahmedabad, Gujarat, 380015
Phone:Â +91-7990080239
Email:Â [email protected]
Website: www.iflenterprises.com
IFL Enterprises Rights Offer FAQs
What is the IFL Enterprises Rights Issue Price?
The issue price is INR per share.
What is the IFL Enterprises Rights Issue entitlement ratio?
The eligible shareholders are offered Equity Shares for every Equity Shares held on the record date.
What is the IFL Enterprises Rights Issue Record Date?
The Record date is Coming soon.
How to Apply for IFL Enterprises Rights Offer?
The best way to apply for the IFL Enterprises Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
