Interactive Financial Services Rights Issue 2024 Offer Details
Interactive Financial Services Rights Issue Date: | 27 to 5 February 2025 |
Rights Issue Size (in INR): | Approx ₹11.75 Crores |
Rights Issue Size (in Shares): | 39,17,030 Equity Share |
Issue Price: | ₹30 Per Equity Share |
Face Value: | ₹10 Per Equity Share |
Listing on: | BSE |
BSE Code: | 539692 |
NSE Code: | Book Built Issue |
Issue Entitlement Ratio: | 13:10 (13 rights share for every 10 shares held on record date) |
Payment Terms | Fully payable at the time of application |
Employee Discount: | ₹[.] per share |
Interactive Financial Services Rights Issue 2024 Offer Documents
Letter of Offer: | Click Here |
Application Form: | Click Here |
Live Share Price | Click Here |
Interactive Financial Services Rights Issue 2024 Dates | Time Table
Last Date to buy shares: | 16 January 2025 |
Rights Issue Record Date: | 17 January 2025 |
Credit of Rights Entitlements: | 31 January 2025 |
Issue Offer Opens On: | 27 January 2025 |
Renunciation of Rights Entitlements: | – |
Issue Offer Closes On: | 5 February 2025 |
Basis of Allotment Date: | 2025 |
Credit Date: | 2025 |
Listing Date: | 2025 |
Interactive Financial Services Rights Issue Calculation
Rights Issue Price: | ₹30 per share |
Market Price on Rights Issue Approval: | ₹50.61 per share |
Dilution Factor (X): | 2.3 |
Fair Value After Dilution at Prevailing Price: | ₹18.96 per share |
How to Apply for Interactive Financial Services Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Interactive Financial Services
Established on October 24, 1994, Interactive Financial Services Limited is one of the growing companies involved in the business of investment banking and financial activities. The company offers a diverse range of services under capital markets including Merchant Banking Services, Corporate Advisory Services, financial and advisory services, Corporate Restructuring, Valuations, and other Merchant Banking Services. They mostly provide Merchant Banking Services to Small and Medium enterprises. Additionally, the company also works in Main Board IPOs, SME IPOs, FPOs, valuation of companies for various transactions, migration to the main board, takeovers, buyback, and business advisory services. In order to support their business’s capital needs, the company also invests in securities of listed companies to diversify risks, generate profits, and preserve liquidity. In fiscal years 23 and 24, interactive financial services generated a total revenue of Rs. 347.68 lakhs respectively.
Objects of the Rights Issue
- Setting up of Office Space
- Increase Net-worth of the Company
- General corporate purposes
- Issue Related Expenses
Interactive Financial Services Company Financial Report
₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax |
2022 | ₹1.77 | ₹0.57 | ₹1.00 |
2023 | ₹2.78 | ₹1.25 | ₹1.20 |
2024 | ₹3.48 | ₹1.91 | ₹0.61 |
Interactive Financial Services Rights Issue Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Interactive Financial Services Rights Issue Lead Manager
- To Be Updated Soon
Interactive Financial Services Rights Issue allotment status check on Bigshare Services Pvt Ltd website – Click Here
Promoters of Interactive Financial Services
- To Be Updated Soon
Company Address
Interactive Financial Services Ltd
Office No. 508
Fifth Floor, Priviera, Nehru Nagar
Ahmedabad – 380015
Phone: 919898055647
Email: info@ifinservices.in
Website: https://www.ifinservices.in/