Right Issue: Ifl Enterprises and 8 other companies coming up with rights issue this month
News by Aliceblue News Desk
31 Jan 2025
What Is Right Issue?
Right Issue is a method used by a company to raise additional capital by offering existing shareholders the right to purchase more shares at a discounted price. It allows companies to strengthen their financial base while rewarding loyal investors with favorable terms.
Upcoming Right Issue Of Shares This Month
Here’s a table showcasing the Right Issue Of Shares in February 2025:
| Company Name | Record Date | Issue Open | Renunciation of Rights Entitlements | Issue Close | Issue price (Per Share) | Issue Size (Rs Cr) | CMP of Share | CMP of Rights Entitlement | Rights Issue Ratio |
| Ifl Enterprises Ltd | N/A | N/A | N/A | N/A | N/A | 4.95 | 0.83 | N/A | 60:91 |
| Harshil Agrotech Ltd | Feb 05, 2025 | Feb 18, 2025 | N/A | Mar 17, 2025 | 2.43 | 49.38 | 5.04 | N/A | 02:05 |
| Iel Ltd | Jan 17, 2025 | Feb 04, 2025 | Feb 17, 2025 | Feb 21, 2025 | 4.45 | 44.56 | 6.46 | N/A | 03:01 |
| Ultracab (india) Ltd | Jan 16, 2025 | Jan 28, 2025 | Feb 05, 2025 | Feb 11, 2025 | 14.5 | 49.81 | 15.15 | 0.61 | 09:25 |
| Sharanam Infraproject And Trading Ltd | Dec 31, 2024 | Jan 13, 2025 | Feb 04, 2025 | Feb 10, 2025 | 1 | 48 | 0.96 | 0.04 | 04:01 |
| Globe Textiles (india) Ltd | Jan 17, 2025 | Jan 24, 2025 | Jan 31, 2025 | Feb 06, 2025 | 3 | 45.04 | N/A | N/A | 01:02 |
| Interactive Financial Services Ltd | Jan 17, 2025 | Jan 27, 2025 | Jan 31, 2025 | Feb 05, 2025 | 30 | 11.75 | 30.42 | 0.6 | 13:10 |
| Pro Fin Capital Services Ltd. | Dec 31, 2024 | Jan 09, 2025 | Jan 20, 2025 | Feb 04, 2025 | 4.5 | 47.7 | 4.88 | 0.13 | 01:02 |
| GTT Data Solutions Ltd | Jan 14, 2025 | Jan 27, 2025 | Jan 30, 2025 | Feb 04, 2025 | 26 | 49.82 | 79.25 | 49.54 | 01:10 |
Introduction Of Upcoming Right Issue :
IFL Enterprises Ltd :
IFL Enterprises Ltd is engaged in the trading of textiles, papers, and specialty chemicals. The company specializes in high-quality paper products and textile materials, catering to diverse industries. With a focus on efficient supply chain management, IFL Enterprises ensures seamless trade operations and sustainable business growth.
Harshil Agrotech Ltd :
Harshil Agrotech Ltd is an agriculture-based company specializing in manufacturing and trading agro-products, including seeds, fertilizers, and organic farming solutions. The company supports sustainable farming by providing high-quality agricultural inputs to farmers, helping improve crop yields and promote environmentally friendly farming practices across India.
IEL Ltd :
IEL Ltd operates in diverse sectors, including finance, trading, and investments. The company provides strategic investment solutions and financial advisory services, catering to businesses and individuals. With a focus on wealth management and portfolio expansion, IEL Ltd continues to support economic growth through innovative financial strategies.
Ultracab (India) Ltd :
Ultracab (India) Ltd is a leading manufacturer and exporter of wires and cables, serving industries like telecommunications, infrastructure, and automotive. Established in 2007, the company produces high-quality electrical cables with advanced safety standards, ensuring reliable power transmission and connectivity solutions for domestic and international markets.
Sharanam Infraproject And Trading Ltd:
Sharanam Infraproject And Trading Ltd is engaged in infrastructure development, real estate, and trading activities. The company undertakes residential and commercial construction projects while also dealing in raw materials for construction. With a focus on sustainable infrastructure, it aims to contribute to India’s growing real estate sector.
Globe Textiles (India) Ltd :
Globe Textiles (India) Ltd is a prominent player in the textile industry, specializing in fabric production, garments, and home furnishings. The company is known for its high-quality textile exports and caters to global markets, providing innovative fabric solutions to fashion and home decor industries.
Interactive Financial Services Ltd :
Interactive Financial Services Ltd offers a range of financial solutions, including stockbroking, wealth management, and advisory services. The company caters to retail and institutional investors, helping them navigate market trends and maximize returns through strategic investment planning and financial management services.
Pro Fin Capital Services Ltd :
Pro Fin Capital Services Ltd is a financial services company providing investment banking, corporate finance, and wealth management solutions. It specializes in capital market transactions, mergers and acquisitions, and structured finance, catering to businesses seeking growth and expansion in competitive financial markets.
GTT Data Solutions Ltd :
GTT Data Solutions Ltd is a technology-driven company specializing in data analytics, IT services, and business intelligence solutions. It provides digital transformation services to enterprises, helping businesses optimize operations and improve decision-making through advanced data processing and analytical tools.
List Of Upcoming Right Issue Of Shares This Month 2025 – FAQs
1. How Do Right Issue Of Shares Work?
In a right issue, existing shareholders receive an offer to buy additional shares at a discounted rate. They are given a specific ratio based on their current holdings and a limited timeframe to subscribe, either fully or partially.
2. How To Apply For Rights Issue?
To apply for a rights issue, follow these steps:
Step 1: Log in to your brokerage account where you hold your existing shares.
Step 2: Navigate to the “Corporate Actions” or “Rights Issue” section on the platform.
Step 3: Select the rights issue entitlement for the company offering it.
Step 4: Enter the number of shares you want to apply for under the rights issue.
Step 5: Make the payment for the subscribed shares as specified in the offer.
Step 6: Confirm your application and keep track of the allotment status.
3. What is the difference between IPO and rights issue?
Following are the differences between IPO and Right Issue:
4. IPO (Initial Public Offering)
Rights Issue
Open to the public and new investors
Offered only to existing shareholders
Company issues new shares to raise capital
Company offers additional shares to existing shareholders
Aimed at expanding the shareholder base
Aimed at raising capital while maintaining existing shareholder structure
Shares are priced based on market valuation
Shares are offered at a discounted price
Usually marks a company’s first offering to the public
Issued to raise more funds after the IPO
5. How To Calculate Subscription Price In Rights Issue?
To calculate the subscription price in a rights issue, follow these steps:
Step 1: Determine the current market price of the stock.
Step 2: Find the discount percentage offered by the company on the rights issue.
Step 3: Multiply the current market price by the discount percentage to find the discount amount.
Step 4: Subtract the discount amount from the current market price to get the subscription price for the rights issue.
6. What is the benefit of right issue?
The main benefit of a rights issue is that it allows existing shareholders to purchase additional shares at a discounted price, maintaining their ownership percentage and avoiding dilution. It provides an opportunity for investors to invest more in a company they believe in while raising capital for the company’s growth or debt reduction.
7. Why Company Issue Right Shares?
Companies issue right shares to raise funds for growth, reduce debt, or finance projects. It helps avoid taking on new loans and allows existing shareholders to participate, ensuring minimal dilution of existing ownership stakes.
News Author
Aliceblue News Desk
