Interactive Financial Rights Issue dates 27 Jan – 5 Feb 2025.
Incorporated in October 1994, Interactive Financial Services Limited operates in the fields of investment banking and financial services. The company is registered as a Category-I Merchant Banker with SEBI, offering a range of services in the capital markets, including Merchant Banking Services and Corporate Advisory Services. Its expertise spans various areas within the capital markets, reinforcing its commitment to providing comprehensive financial solutions.
Interactive Financial Services is actively engaged in various financial activities, including Main Board IPOs, SME IPOs, FPOs, company valuations for diverse transactions, migration to the main board, takeovers, buybacks, and business advisory services. The company primarily delivers merchant banking services tailored to small and medium enterprises (SMEs).
As of 31 March 2024, the company employs 19 individuals, including directors, who manage various aspects of the business.
Promoters of Interactive Financial Services – Does Not have an Identifiable Promoter
Table of Contents
Interactive Financial Rights Issue Details
| Interactive Financial Rights Issue Date | 27 Jan – 5 Feb 2025 |
| Interactive Financial Rights Issue Price | INR 30 per share |
| Issue Size (in Shares) | 39,17,030 Shares |
| Issue Size (in INR) | INR 11.75 crore |
| Issue Entitlement | 13 equity shares for every 10 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Interactive Financial Rights Issue Record Date | 17 January 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Interactive Financial Rights Issue Calculation
| Interactive Financial Rights Issue Price | INR 30 per share |
| Market Price on Rights Issue Approval | INR 50.61 per share |
| Dilution Factor (X) | 2.3 |
| Fair Value After Dilution at Prevailing Price | INR 18.96 per share |
Interactive Financial Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 1.77 | 2.72 | 3.47 |
| Expenses | 0.56 | 1.23 | 1.88 |
| Operating Margin (%) | 68.36 | 54.78 | 45.82 |
| Net Income | 1.00 | 1.20 | 0.61 |
| ROCE (%) | 19.00 | 18.92 | 14.98 |
Interactive Financial Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Setting up of office space
- Increase Net-worth of the company
- General corporate purposesÂ
- Issue related expenses
Interactive Financial Rights Offer Documents
- Interactive Financial Rights Issue Application Form
- Interactive Financial Letter of Offer
- Board Meeting Outcome
- Interactive Financial Draft Letter of Offer
- Rights Issue in 2024
Interactive Financial Rights Issue Dates
| Rights Issue Approval Date | 13 January 2025 |
| Rights Issue Record Date | 17 January 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 27 January 2025 |
| Last Date for Market Renunciation | 31 January 2025 |
| Rights Issue Closing Date | 5 February 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Interactive Financial Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â [email protected]
Website:Â www.bigshareonline.com
Interactive Financial Contact Details
INTERACTIVE FINANCIAL SERVICES LIMITED
508, Fifth Floor, Priviera, Nehru Nagar,
Manekbag, Ahmedabad, Gujarat-380015
Phone:Â 079-4908 8019
Email:Â [email protected]
Website:Â www.ifinservices.in
Interactive Financial Rights Offer FAQs
What is the Interactive Financial Rights Issue Price?
The issue price is INR 30 per share.
What is the Interactive Financial Rights Issue entitlement ratio?
The eligible shareholders are offered 13 Equity Shares for every 10 Equity Shares held on the record date.
What is the Interactive Financial Rights Issue Record Date?
The Record date is 17 January 2025.
How to Apply in Interactive Financial Rights Offer?
The best way to apply in Interactive Financial Services 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.
