3I Infotech's Rights Issue Oversubscribed 1.47 Times, Raises ₹64.10 Crore

1 min read     Updated on 30 Oct 2025, 09:55 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

3I Infotech Limited completed its rights issue, raising ₹64.10 crore with 1.47 times oversubscription. The issue, open from October 7 to October 27, 2025, had a 2:9 subscription ratio at ₹17 per share. The company's equity share capital will increase from ₹169.69 crore to ₹207.39 crore post-allotment. Funds will be used to enhance capabilities in new-age technologies, expand into new industries and geographies, and accelerate digital-first growth strategy. The company plans to focus on cloud computing, cybersecurity, blockchain, AI, and IoT.

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*this image is generated using AI for illustrative purposes only.

3I Infotech Limited, a leading provider of digital transformation and technology services, has successfully concluded its rights issue, raising ₹64.10 crore. The issue, which was open for subscription from October 7 to October 27, 2025, saw strong investor interest, resulting in an oversubscription of 1.47 times.

Key Highlights of the Rights Issue

  • Subscription Ratio: 2:9 (two shares for every nine shares held)
  • Issue Price: ₹17 per share
  • Total Shares Offered: 3.77 crore
  • Total Applications Received: 5.54 crore shares
  • Oversubscription: 1.47 times

Impact on Equity Share Capital

Following the allotment of new shares, 3I Infotech's equity share capital is set to increase significantly:

Particular Before Rights Issue After Rights Issue
Equity Share Capital ₹169.69 crore ₹207.39 crore

Investor Participation

The rights issue witnessed robust participation across various investor categories, including:

  • Senior management of the company
  • Institutional investors
  • High net-worth individuals
  • Retail investors

This diverse participation underscores the confidence in 3I Infotech's fundamentals, its ongoing business turnaround, and its growing presence in the information technology sector.

Utilization of Funds

The company plans to use the proceeds from the rights issue to:

  1. Create a more sustainable, future-ready organization
  2. Build capabilities in new-age technologies
  3. Expand into new industries and geographies
  4. Accelerate its digital-first growth strategy
  5. Enhance financial flexibility for business operations

Management Commentary

Mr. Raj Ahuja, Acting CEO of 3I Infotech Limited, expressed gratitude for the strong response to the rights issue. He stated, "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."

Future Focus Areas

3I Infotech has outlined its plans to strengthen capabilities in key areas of technology, including:

  • Cloud computing
  • Cybersecurity
  • Blockchain
  • Artificial Intelligence (AI)
  • Internet of Things (IoT)

These focus areas align with the company's strategy to cater to the evolving needs of global enterprises and drive sustainable growth.

The successful completion of this rights issue marks a significant milestone for 3I Infotech, providing the company with the financial resources to pursue its growth strategy and enhance its position in the competitive IT services landscape.

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%-12.57%-18.73%-20.03%-33.80%+526.07%
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3i Infotech Completes Deregistration of Singapore Subsidiary

1 min read     Updated on 08 Oct 2025, 05:54 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

3i Infotech Limited has successfully deregistered its wholly-owned subsidiary, NuRe Infotech Solutions Pte. Ltd., from the Singapore registry. The subsidiary was struck off effective September 1, 2025, as notified on October 8, 2025, by the Accounting and Corporate Regulatory Authority, Singapore. The closure was approved by 3i Infotech's Board on January 29, 2025, due to the entity being dormant. The deregistration has no financial impact on 3i Infotech, with nil contributions to turnover, income, and net worth.

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*this image is generated using AI for illustrative purposes only.

3i Infotech Limited has announced the successful removal of its wholly-owned subsidiary, NuRe Infotech Solutions Pte. Ltd., from the Singapore registry. This corporate action marks the completion of the subsidiary's deregistration process, aligning with the company's strategic decisions.

Key Details of the Deregistration

Aspect Information
Subsidiary Name NuRe Infotech Solutions Pte. Ltd.
Location Singapore
Effective Date of Strike-off September 1, 2025
Notified Date October 8, 2025
Regulatory Authority Accounting and Corporate Regulatory Authority, Singapore

Background and Rationale

The decision to close this subsidiary was not made hastily. According to the LODR (Listing Obligations and Disclosure Requirements) data:

  • The Board of Directors of 3i Infotech approved the voluntary closure of NuRe Infotech Solutions Pte. Ltd. on January 29, 2025.
  • The primary reason cited for the closure is that the entity was dormant.

Financial Impact

The deregistration of this subsidiary appears to have minimal financial impact on 3i Infotech's operations:

Financial Aspect Impact
Turnover/Revenue Contribution Nil
Income Contribution Nil
Net Worth Contribution Nil

This lack of financial contribution supports the company's decision to deregister the dormant entity, potentially streamlining its corporate structure and reducing administrative overhead.

Regulatory Compliance

3i Infotech has ensured full compliance with regulatory requirements throughout this process:

  • The company made the necessary disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The disclosure adheres to SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

This corporate action reflects 3i Infotech's efforts to optimize its organizational structure. By removing a non-contributing subsidiary, the company may be positioning itself for more streamlined operations and potentially improved efficiency in its core business areas.

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%-12.57%-18.73%-20.03%-33.80%+526.07%
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