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Founded in 1982, Indian Infotech And Software Ltd. is a non-banking financial company that provides loans to individuals and companies at a reasonable interest rate. In addition, IISL also invests in shares of companies with high growth potential. The company supports start-ups as well as established companies that are committed to the "Make in India" movement.
Issue Open | February 6, 2024 - February 13, 2024 |
Security Name | Indian Infotech And Software Limited |
Issue Size (Shares) | 261,453,270 |
Issue Size (Amount) | ₹41.83 Crores |
Issue Price | ₹1.6 per share |
Face Value | ₹1 per share |
Listing At | BSE |
Terms of Payment | Full amount of Re. 1.60/- per share payable on application |
Entitlement | 13 Rights Equity Share(s) for every 50 fully paid-up Equity Shares held on Record Date |
Last Date to buy shares | January 25, 2024 |
Record Date | January 29, 2024 |
Credit of Rights Entitlements | |
Bid/Offer Opens On | February 6, 2024 |
Renunciation of Rights Entitlements | February 8, 2024 |
Bid/Offer Closes On | February 13, 2024 |
Deemed Date of Allotment | February 15, 2024 |
Credit Date | February 19, 2024 |
Listing Date | February 26, 2024 |
Indian Infotech And Software Limited's revenue decreased by -15.04% and profit after tax (PAT) rose by 90.95% between the financial year ending with March 31, 2023 and March 31, 2022.
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 230.95 | 230.24 | 229.83 | |
Revenue | 10.95 | 47.06 | 55.39 | 41.18 |
Profit After Tax | 7.21 | 0.61 | 0.32 | -11.36 |
Net Worth | 237.03 | 229.81 | 229.24 | |
Reserves and Surplus | 129.25 | 128.68 | 128.36 | |
Amount in ₹ Crore |
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects ("Objects of the Issue"):
a. To meet the Working Capital Requirements of the company.
b. General Corporate Purposes
Indian Infotech And Software Rights Issue 2024 got oversubscribed by 1.37 times by the end of the bidding period with total bid quantity received by BSE of 359,489,499 shares.
Indian Infotech And Software Limited
110, 157 Floor,
Golden Chamber Pre CO-OP Soc Ltd.
New Link Road Andheri (W) Mumbai 400053
Phone: 022 - 49601435
Email: indianinfotechsoftware@yahoo.com
Website: https://indianinfotechandsoftwareltd.in/
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
The Indian Infotech And Software Rights Issue 2024 opens on February 6, 2024, and closes on February 13, 2024.
Indian Infotech And Software Rights Issue 2024 Schedule
Last Date for credit of Rights Entitlements | |
Last Date for renunciation of Rights Entitlements | February 8, 2024 |
Issue Opening Date | February 6, 2024 |
Issue Closing Date | February 13, 2024 |
Date of Allotment (on or about) | February 15, 2024 |
Date of Credit (on or about) | February 19, 2024 |
Date of Listing (on or about) | February 26, 2024 |
Indian Infotech And Software Rights Issue 2024 price is set at ₹1.6 per share per equity share.
The eligible shareholders are being offered 13 Rights Equity Share(s) for every 50 fully paid-up Equity Shares held on Record Date (January 29, 2024).
The record date for the Indian Infotech And Software Rights Issue 2024 is January 29, 2024.
The issue size of Indian Infotech And Software Rights Issue 2024 is of 261,453,270 equity shares at ₹1.6 per share aggregating upto ₹41.83 Crores.
The Letter of Offer for Indian Infotech And Software Rights Issue 2024 can be download here.
You can apply for Indian Infotech And Software Rights Issue 2024 in two ways:
Steps to apply for Indian Infotech And Software Rights Issue 2024 using Net Banking (ASBA)
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Indian Infotech And Software Rights Issue 2024 using Registrar's website (R-WAP)
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