IFL Enterprises Rights Issue 2024 Date, Price, Allotment, Ratio

IFL Enterprises Rights issue date is fixed, the rights issue is to open on May 27 and will close on June 25, 2024. The IFL Enterprises Rights issue record date is May 17, 2024. The company is to offer 125,068,156 equity shares at a price of ₹3.96 per share. The IFL Enterprises Rights issue size will be ₹49.53 Crores. The entitlement ratio is 1:2, 1 rights share for every 2 fully-paid equity shares held on the record date. Check out IFL Enterprises rights issue details.

ifl-enterprises-rights-issue

Table of Contents

The company was formerly known as Sarthak Suppliers Private Limited and changed its name to IFL Enterprises Limited in January 2016. IFL Enterprises Limited was incorporated in 2009 and is based in Ahmedabad, India. IFL Enterprises Limited trades in textile products in India. The company offers fabrics and related products. Also, it is involved in the business of acquisition, trading of shares, stocks, bonds, and trading of Paper, Stationery items, etc. It also carries on the business of all kinds of Paper and other similar products. It is a micro-cap company with a market cap of Rs 330 crore was buzzing in today’s trading session.

IFL Enterprises Rights Issue Review

  • Avoid / Risky

IFL Enterprises Rights Issue 2024 Dates & Time Table

Rights Issue Open:May 27, 2024
Rights Issue Close:June 25, 2024
Rights Record Date:May 17, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsJune 20, 2024

IFL Enterprises Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹49.53 Crores
Price Band:₹3.96 Per Equity Share
Face Value:₹1 Per Equity Share
Listing on:BSE
Entitlement Ratio: 1:2 (1 rights share for every 2 shares)
Equity:125,068,156 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

IFL Enterprises Rights Issue 2024 Form & How to Apply

How to apply the IFL Enterprises Rights issue? You can apply the IFL Enterprises Rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.

IFL Enterprises Financial Report

₹ in Crores
YearRevenueExpensePAT
20211.471.590.12
20222.552.760.21
20236.465.780.51

IFL Enterprises Rights Issue 2024 Allotment Status

To Be Updated Soon

IFL Enterprises Rights Issue 2024 Lead Managers

Company Address:

Ifl Enterprises Ltd
Office No. 412, 4th floor Shilp Zaveri,
Samruddhi Soc., Nr. Shyamal Cross Road
Satellite, Ahmedabad, 380015
Phone: 7990080239
Email: [email protected]
Website: https://iflenterprises.com/

IFL Enterprises Rights Issue 2024 FAQs:


When is IFL Enterprises Rights Issue 2024 Record Date?

IFL Enterprises Rights Issue 2024 record date is May 17, 2024.

What is IFL Enterprises Rights Issue 2024 Price?

The company has fixed the price at ₹3.96 per equity share.

What is the IFL Enterprises Rights Issue 2024 Ratio?

The company has fixed the ratio (1:2), 1 Rights Equity Share for every 2 Equity Shares as on record date.

How to apply for IFL Enterprises Rights Rights Issue 2024?

As per the record date you need to have IFL Enterprises Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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