Integra Essentia Rights Issue subscribed 103.35%

1 min read     Updated on 13 Jun 2026, 12:15 PM
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Riya DScanX News Team
AI Summary

Integra Essentia Limited announced the basis of allotment for its Rights Issue, which was subscribed 103.35%. The company allotted 71,05,94,967 equity shares against valid applications for 71,05,94,967 shares.

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Integra Essentia Limited has finalized the basis of allotment for its Rights Issue, which was subscribed 103.35%, receiving applications for 71,05,94,967 equity shares against the offered 68,75,92,710 shares. The company allotted 71,05,94,967 Rights Equity Shares to successful applicants, with no shares kept in abeyance. The Rights Issue, open for subscription from May 29, 2026 to June 10, 2026, aimed to raise ₹9,970 lakhs by issuing shares at ₹1.45 each, including a premium of ₹0.45 per share.

Subscription Details

The Board of Directors approved the allotment on June 11, 2026, in consultation with BSE Limited and the Registrar to the Issue. A total of 9,222 applications were received for 71,36,65,948 Rights Equity Shares. Of these, 620 applications aggregating to 30,37,892 shares were rejected due to technical reasons. Consequently, 6,662 valid applications for 71,05,94,967 shares were considered for allotment.

Category-wise Allotment

The subscription was driven primarily by Eligible Equity Shareholders, who applied for 54,16,70,652 shares, representing 76.23% of the total application value. Renouncers applied for the remaining 16,89,24,315 shares. The table below details the subscription and allotment figures:

Category Applications Received Number of Shares Applied % of Total Applied Number of Shares Allotted Value of Allotted Shares (₹) % of Total Allotted
Eligible Equity Shareholders 8,617 54,16,70,652 76.23 54,16,70,652 78,54,22,445.40 78.78
Renouncers 45 16,89,24,315 23.77 14,59,22,658 21,15,86,984.10 21.22
Total 8,662 71,05,94,967 100.00 68,75,92,710 99,70,09,429.50 100.00

Post-Allotment Timeline

The dispatch of Allotment Advice-Non-Refund Intimation to eligible investors was completed by June 12, 2026. Instructions for unblocking funds in respect of ASBA applications were issued to Self-Certified Syndicate Banks on June 11, 2026. The credit of Rights Equity Shares to the demat accounts of successful allottees was completed on or before June 12, 2026. Trading in the Rights Equity Shares is expected to commence on or before June 12, 2026. The request for extinguishment of Rights Entitlements (REs) was sent to NSDL and CDSL on June 12, 2026.

Historical Stock Returns for Integra Essentia

1 Day5 Days1 Month6 Months1 Year5 Years
-0.65%-7.23%+0.65%+2.67%-30.00%+148.39%

How will the influx of ₹9,970 lakhs impact Integra Essentia's expansion plans and debt reduction strategies?

What market reaction is anticipated for the Rights Equity Shares once trading commences on the stock exchanges?

How might the significant oversubscription by Eligible Equity Shareholders influence future capital-raising decisions by the company?

Integra Essentia FY26 net profit falls 92% to ₹33.54 lakh

2 min read     Updated on 31 May 2026, 05:55 AM
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Reviewed by
Anirudha BScanX News Team
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Integra Essentia Limited reported a 92% decline in net profit to ₹33.54 lakh for FY26, despite revenue rising to ₹47,361.63 lakh. The company recorded a net loss of ₹254.80 lakh for the quarter ended March 31, 2026. Auditors issued a qualified opinion citing insufficient evidence for investment valuation and noted unapproved related party transactions.

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Integra Essentia Limited reported a net profit of ₹33.54 lakh for the financial year ended March 31, 2026, a significant decrease of 92% from ₹414.55 lakh in the previous year. Revenue from operations for the year rose to ₹47,361.63 lakh from ₹44,172.80 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹254.80 lakh. The audited standalone and consolidated financial results were published in newspapers on May 30, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's total income for FY26 stood at ₹48,032.22 lakh, compared to ₹44,845.19 lakh in the prior year. Total expenses increased to ₹47,974.98 lakh from ₹44,192.26 lakh. Finance costs for the year were ₹324.68 lakh, up from ₹156.83 lakh in FY25. The basic and diluted earnings per share for the year were ₹0.00, compared to ₹0.04 in the previous year.

Particulars Year Ended 31-Mar-26 (₹ in lakh) Year Ended 31-Mar-25 (₹ in lakh)
Revenue from Operations 47,361.63 44,172.80
Total Income 48,032.22 44,845.19
Total Expenses 47,974.98 44,192.26
Net Profit for the period 33.54 414.55

Auditor's Observations

M/s. A K Bhargav & Co., Chartered Accountants, issued a qualified opinion on the financial results. The auditors noted the absence of sufficient appropriate audit evidence regarding the fair valuation of investments in Nakshatra Special Situation Fund amounting to ₹7.50 Cr as at March 31, 2026. Consequently, they were unable to determine if adjustments were necessary to the carrying amount of the investment or the resultant impact on the financial results.

The auditors also drew attention to a proposed Scheme of Merger of GG Engineering Ltd. with Integra Essentia Ltd., subject to approvals from the National Company Law Tribunal. Additionally, the company recognized an impairment loss of ₹75 lakh on investments in an associate entity during the year. The auditors further noted material related party transactions, including inter-corporate deposits and acquisition of investments, for which requisite shareholder approvals had not been obtained up to the date of the financial results.

Board Decisions

Based on the recommendation of the Audit Committee, the Board appointed M/s. Niraj Kumar Vishwakarma & Associates, Practicing Cost Management Accountants, as the Internal Auditor for the financial year 2026-27. The trading window for dealing in the company's securities will remain closed until 48 hours after the declaration of the audited financial results.

Historical Stock Returns for Integra Essentia

1 Day5 Days1 Month6 Months1 Year5 Years
-0.65%-7.23%+0.65%+2.67%-30.00%+148.39%

What steps will management take to secure the necessary audit evidence for the Nakshatra Special Situation Fund valuation?

How will the pending shareholder approvals for material related party transactions impact the company's compliance status?

What is the expected timeline for the National Company Law Tribunal's approval of the GG Engineering Ltd. merger?

More News on Integra Essentia

1 Year Returns:-30.00%