3i Infotech Limited allots 3,77,08,165 equity shares on rights basis, Issue oversubscribed 1.45 times

3i Infotech Limited had announced the Rights Issue of up to 3,77,08,165 fully paid-up equity shares of the Company of face value of ₹10/- each for cash, at a price of ₹17 per equity share (including a premium of ₹7 per equity share) aggregating up to ₹ 64.10 crores. The Rights Issue offer opened on October 7, 2025 and closed on October 27, 2025 with an over subscription of 1.47 times (before technical and partial rejection & withdrawal) and 1.45 times (after technical and partial rejection).

Pursuant to the finalization of the basis of allotment of the Rights Issue, in consultation with the designated stock exchange i.e. National Stock Exchange of India Limited, the Rights Issue Committee, at its meeting held today, i.e., October 28, 2025, considered and approved the allotment of 3,77,08,165 fully paid-up equity shares of face value of ₹10/- each, at an issue price of ₹ 17/- per equity share (including a premium of ₹ 7 per equity share).

Consequent to the said allotment, the paid-up equity share capital of the Company has increased from ₹169,68,67,420/- comprising of 16,96,86,742 fully paid-up equity shares to ₹ 207,39,49,070/- comprising of 20,73,94,907 fully paid-up equity shares of face value of ₹ 10/- each.

Shares of 3i Infotech Limited was last trading in BSE at Rs. 20.50 as compared to the previous close of Rs. 20.00. The total number of shares traded during the day was 50135 in over 346 trades.

The stock hit an intraday high of Rs. 20.70 and intraday low of 19.98. The net turnover during the day was Rs. 1017338.00.

Source : Equity Bulls

Keywords

3iInfotech INE748C01038 RightsIssue OverSubscription SharesAllotment FundRaising