India-based IFL Enterprises Ltd., a company engaged in agri-commodity trading, has announced its rights issue worth INR 49.14 crore, opening on June 19, 2025, and closing on June 30, 2025. Existing shareholders as of June 13, 2025, are eligible to participate. Shares are priced at INR 1 each, and the funds raised will be used for financial strengthening and general corporate purposes.
IFL Enterprises Limited, a public company headquartered in Delhi, India, and known for its operations in the agri-commodity sector, has announced the opening of its rights issue to raise ₹49.14 crore (approx. USD 5.88 million). The subscription window will begin on June 19, 2025, and conclude on June 30, 2025.
The company will issue 49,147,662 fully paid-up equity shares at a face value of ₹1 per share. The entitlement ratio for eligible shareholders is 60 rights shares for every 91 shares held as of the record date, June 13, 2025. The last date for on-market renunciation of rights entitlement (RE) is June 24, 2025.
This rights issue marks a significant step in IFL Enterprises’ financial strategy. The board approved the move during its meeting held on June 9, 2025. The proceeds from the issue will be used to strengthen the company’s financial position and support general corporate objectives, as per the official company statement.
In terms of performance, the company has shown substantial growth. For the fiscal year ending March 2025, IFL Enterprises reported a revenue of ₹120.60 crore, marking a 13-fold increase from the previous fiscal year. Net profit rose sharply to ₹2.99 crore, up from ₹84.5 lakh in FY24. During Q4 FY25 alone, the company posted a consolidated net profit of ₹3.04 crore, with operating revenue at ₹72.13 crore, up from ₹1.98 crore in Q4 FY24.
Founded to facilitate import, export, and trading of agricultural commodities, IFL Enterprises has steadily expanded its operations and financial standing in recent years, becoming a notable player in India’s agri-business space.
