IFL Enterprises
0.54
+0.01(+1.89%)
Market Cap₹67.25 Cr
PE Ratio6.63
Company Performance:
1D+1.89%
1M-11.48%
6M-53.45%
1Y-41.94%
5Y+10.20%
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More news about IFL Enterprises
06Aug 25
IFL Enterprises Secures BSE Approval for Promoter Reclassification
IFL Enterprises Limited (BSE: 540377) has received approval from BSE Limited to reclassify Mr. Nishant Gandhi from the 'Promoter' category to the 'Public' category. The approval, granted on August 6, 2025, follows an application submitted by the company on March 4, 2025, under SEBI regulations. This reclassification affects the company's shareholding structure and complies with regulatory requirements. Meet Sureshbhai Chhatrala, Director of IFL Enterprises, confirmed the receipt of the approval letter.
02Aug 25
IFL Enterprises Managing Director Abhishek Thakkar Resigns Amid Strategic Investment Approval
IFL Enterprises Limited reports significant changes including the resignation of Managing Director Abhishek Pratapkumar Thakkar and approval of a strategic investment from UNIQUBE Global Managed Services PTE. LTD. for up to 12% equity stake at ₹2.00 per share. The company's Q1 FY26 results show impressive growth with revenue increasing by 118.50% to ₹33.41 crore and net profit surging to ₹5.15 crore. IFL Enterprises plans to diversify into Organic Waste Management and Recycling. The company recently raised ₹49.14 crore through an oversubscribed Rights Issue and has attracted four Foreign Portfolio Investors, each acquiring a 4.02% stake.
01Aug 25
IFL Enterprises to Receive Strategic Investment from Singapore-Based UNIQUBE Global
IFL Enterprises Limited's Board has approved a strategic investment proposal from Singapore-based UNIQUBE GLOBAL MANAGED SERVICES PTE. LTD. to acquire up to 12% equity stake at ₹2.00 per share. The investment structure will be finalized through preferential allotment, QIP, or rights issue, subject to regulatory approvals from RBI, SEBI, and other statutory bodies. The company will appoint consultants and legal advisors to oversee the transaction process. This move aims to enhance growth capabilities, institutionalize shareholding, and create long-term value for stakeholders.
31Jul 25
IFL Enterprises Board Approves Expansion into Organic Waste Management and Green Technologies
IFL Enterprises Limited's Board of Directors approved additions to the company's Memorandum of Association, focusing on organic waste management and green technologies. The expansion includes waste collection, treatment, recycling, composting, and waste-to-energy plants. The company also plans to invest in clean energy and sustainable technologies. These changes are subject to shareholder approval at an upcoming General Meeting.
29Jul 25
IFL Enterprises Reports 4444% Surge in Q1 Net Profit to Rs 522.07 Lakhs
IFL Enterprises Limited has reported exceptional Q1 financial results with a 4444.56% increase in net profit to Rs. 522.07 lakhs. Revenue from operations grew by 118.44% to Rs. 3,341.07 lakhs, while total income rose by 128.15% to Rs. 3,563.70 lakhs. Earnings per share jumped from Rs. 0.01 to Rs. 0.94. However, auditors have raised concerns about unsecured loans, GST credits, MSMED Act compliance, and trade documentation.
24Jul 25
IFL Enterprises Limited Ventures into Organic Waste Management & Recycling
IFL Enterprises Limited's Board of Directors has approved entry into the Organic Waste Management & Recycling business, projected to grow at 10-12% CAGR over the next five years. The company plans to recruit specialized teams, acquire necessary equipment, and identify strategic locations for processing units. This move aligns with India's focus on waste reduction and green infrastructure. IFL has temporarily postponed its Green Energy Powerplant Contracting plans to concentrate on launching the waste management vertical.
21Jul 25
IFL Enterprises Board to Evaluate 12% Stake Acquisition Proposal from Singapore's Unique Global Managed Services
IFL Enterprises' Board will meet on August 1, 2025, to evaluate a proposal from Singapore-based Unique Global Managed Services PTE. Ltd. for acquiring up to 12% equity stake through strategic investment. The potential long-term investment, if approved, will comply with SEBI, FEMA, and RBI regulations. IFL Enterprises reported strong financial performance for FY 2024-25 with a 13-fold increase in revenue to ₹120.60 crore and a 254% Y-o-Y growth in net profit to ₹2.99 crore. The company recently raised ₹49.14 crore through a rights issue and saw four FPIs acquire a 16.08% stake.
21Jul 25
IFL Enterprises to Consider 12% Strategic Investment from Singapore-Based UNIQUBE GLOBAL
IFL Enterprises Ltd has scheduled a board meeting for August 1, 2025, to evaluate a 12% strategic investment proposal from UNIQUBE GLOBAL MANAGED SERVICES PTE. LTD., a Singapore-based entity. The board will review the Letter of Intent, assess implications, and authorize necessary due diligence. Management views this as an endorsement of the company's performance and potential. If approved, the investment is expected to strengthen the capital base, accelerate growth plans, and enhance shareholder value.
11Jul 25
IFL Enterprises Completes Rights Issue, Allocates 49.47 Crore Equity Shares
IFL Enterprises Limited has successfully concluded its rights issue, allocating 49,47,19,229 fully paid-up equity shares at ₹1.00 per share. This has increased the company's paid-up capital to ₹124.50 crore. The rights issue was conducted in compliance with SEBI regulations, with BSE Limited approving the basis of allotment. CARE Ratings Limited has been appointed as the Monitoring Agency to oversee the utilization of the funds raised.
12Jun 25
IFL Enterprises Announces ₹49.14 Crore Rights Issue, Opens June 19
IFL Enterprises has approved a rights issue to raise up to ₹49.14 crore. The subscription period is set for June 19 to June 30, 2023, with a record date of June 13, 2023. The funds will be used to strengthen the company's financial position and support general corporate purposes. Eligible shareholders have the opportunity to increase their stake in the company through this offering.
10Jun 25
IFL Enterprises Approves Rs 49.14 Crore Rights Issue
IFL Enterprises Ltd's board has approved a rights issue to raise up to Rs 49.14 crore. The issue will open from June 19 to June 30, with a record date of June 13. Funds will be used to strengthen the company's financial position and support general corporate purposes. This move offers existing shareholders an opportunity to increase their stake in the company.
IFL Enterprises
0.54
+0.01
(+1.89%)
1 Year Returns:-41.94%
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