Stock Report

3i Infotech Limited Rights issue oversubscribed by 1.47 times



Posted On : 2025-10-31 10:04:56( TIMEZONE : IST )

3i Infotech Limited Rights issue oversubscribed by 1.47 times

3i Infotech Limited (BSE: 532628) (NSE: 3IINFOLTD), a leading provider of digital transformation, technology services and technology solutions, has successfully concluded its Rights Issue, raising INR 64.10 crore. The Rights Issue was open for subscription from October 7, 2025 to October 27, 2025. The Issue received applications for 5.54 crore shares against 3.77 crore shares on offer, representing an oversubscription of 1.47 times. The rights issue was issued in the ratio of two share for every nine shares held (2:9) at a price of INR 17 per share. Following the allotment, 3i's equity share capital will increase from INR 169.69 crore to INR 207.39 crore.

The Rights Issue witnessed strong participation across senior management of the Company, institutional investors, high net-worth individuals, and retail investors, underscoring 3i's resilient fundamentals, its business turnaround and growing presence in the information technology sector.

The proceeds of the issue will be used in line with offer document to create a more sustainable, future ready, growing organization by building capabilities in new age technologies as well as expansion to new industries and geographies over a period in line with our vision statement. This infusion of capital will provide 3i with enhanced financial flexibility to accelerate its digital-first growth strategy and would provide better arms to undertake the business with its customers, vendors, etc.

Commenting on the Response on Rights Issue, Mr. Raj Ahuja, Acting CEO, 3i Infotech Limited, said: "We are grateful with the kind of response we have got for Rights issues as we chart a new chapter in 3i's Growth. The success of this rights issue underscores investors' confidence in our vision and strategic direction. This trust and funds we got will allow us to pursue our growth initiatives and deliver long-term value to our stakeholders while strengthening our footprint in new age technologies, newer geographies and more industries. Our initial plan for strengthening our capabilities will continue with a strong focus on Cloud, Cybersecurity, Blockchain, AI, and IoT solutions across our service portfolio, catering to the evolving needs of global enterprises. We are confident of building on this momentum, driving sustainable growth, and enhancing value for all our stakeholders."

Shares of 3i Infotech Limited was last trading in BSE at Rs. 17.20 as compared to the previous close of Rs. 18.53. The total number of shares traded during the day was 751874 in over 2288 trades.

The stock hit an intraday high of Rs. 17.78 and intraday low of 16.98. The net turnover during the day was Rs. 12999302.00.

Source : Equity Bulls

Keywords

3iInfotech INE748C01038 FundRaising RightsIssue