Ifl Enterprises Ltd Right Issue

₹49.53 Cr BSE 27 May 2024 – 25 Jun 2024

Closed Ratio: 198 : 100 BSE
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Issue Price
₹1.00
Face Value
₹1.00
Issue Size (Shares)
495,269,896
Issue Size (₹ Cr.)
₹49.53
📅 Right Issue Timetable
Last Date to Buy SharesThu, May 16, 2024
Record DateFri, May 17, 2024
Credit of Rights EntitlementsThu, May 23, 2024
Bid/Offer Opens OnMon, May 27, 2024
Issue Open DateMon, May 27, 2024
Renunciation Last DateThu, Jun 20, 2024
Bid/Offer Closes OnTue, Jun 25, 2024
Issue Close DateTue, Jun 25, 2024
Deemed Date of AllotmentWed, Jul 3, 2024
Credit DateMon, Jul 8, 2024
Listing DateThu, Jul 11, 2024
📋 Right Issue Details
Issue Size (Shares)495,269,896
Issue Size (Amount)₹49.53 Cr.
Issue Price₹1.00 per share
Face Value₹1.00 per share
Entitlement Ratio198 : 100
Listing AtBSE
Terms of PaymentFull amount of Rs. 18 per Equity Share is payable on application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income7.319.47
EBITDA
Net Worth26.3025.01
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
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 and act as an intermediary between buyers and sellers. They buy goods on cash basis and provide credit to cash-strapped businessmen in this field.
📞 Company Contact
CompanyIfl Enterprises Ltd
AddressOffice No. 412, 4th floor Shilp Zaveri,
Samruddhi Soc., Nr. Shyamal Cross Road
Satellite, Ahmedabad, 380015
Ahmedabad, Gujarat, 380015
Phone7990080239
EmailIflenterprice3@gmail.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd
Phone011-26812682
Emailadmin@skylinerta.com
WebsiteVisit ↗