Infibeam Avenues Limited — QIP/Rights/Pref., 15-07-2025: Allotment of Securities

Infibeam Avenues has successfully completed its Rights Issue, oversubscribed by 1.4 times, showing strong investor confidence. The company allotted 69.99 crore partly paid-up equity shares to existing shareholders at an issue price of Rs 10 per share. The issue aimed to raise around Rs 700 crore, with Rs 5 per share paid upfront. This initial payment has infused approximately Rs 350 crore into the company, with the balance due on a final call. Post-issue, the company's total shares outstanding increased to 348.94 crore, strengthening its capital base for future initiatives.