3i Infotech Rights Issue

Incorporated on October 11, 1993, as ICICI Infotech Limited, the company became an independent public technology enterprise in 2002 following its divestment by ICICI. Over the years, it has evolved from a core software products company into a global IT services and digital transformation provider.

Earlier known for proprietary software products such as Kastle (banking platform), AMLOCK (financial crime and compliance), Premia Astra (insurance core), MFund Plus (asset management), and Orion (ERP suite), 3i Infotech sold its product business — now Azentio Software — in 2021.

Post-divestment, the company’s focus has shifted entirely to IT and digital services, covering cloud computing, analytics, AI/ML, consulting, cybersecurity, and automation for clients across BFSI, government, and healthcare sectors.

With a global workforce of over 6,000 professionals and presence across Asia, the Middle East, and the Americas, 3i Infotech continues to build expertise in emerging technologies like IoT, Blockchain, and RPA, backed by ISO-certified quality systems and a strong emphasis on innovation, agility, and client value creation.

 

Current Market Price Rs. 19.57 as on 16 October 2025
Right Issue Offer price Rs. 17

Rights Issue Details

Issue Open October 7, 2025 – October 27, 2025
Security Name 3i Infotech Limited
Issue Size (Shares) 3,77,08,165
Issue Size (Amount) Rs.64.10 Crores
Issue Price Rs.17 per share
Face Value Rs.10 per share
Listing At BSE, NSE
Terms of Payment The Issue Price of Rs.17/- per share is payable at the time of Application.
Entitlement 2 Rights Equity Share(s) for every 9 fully paid-up Equity Shares held on Record Date

 

 

Rights Issue Timetable

Last Date to buy shares 25-Sep-25
Record Date 26-Sep-25
Credit of Rights Entitlements 01-Oct-25
Bid/Offer Opens On 07-Oct-25
Renunciation of Rights Entitlements 20-Oct-25
Bid/Offer Closes On 27-Oct-25
Deemed Date of Allotment 27-Oct-25
Credit Date 28-Oct-25
Listing Date 29-Oct-25

 

 

 

 

Objects of the Rights Issue

The Company intends to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. To augment the existing and incremental working capital requirement of the Company.
  2. General Corporate Purposes (collectively, referred to hereinafter as the “Objects”).

Financial Snapshot

Period Ended 31-Mar-25 31-Mar-24
Total Income 725.76 813.88
Profit After Tax 25.35 -313.58
NET Worth 306.89 293.44
Reserves and Surplus 137.25 124.21
Amount in Rs. Crore

 

Company Contact Information
3i Infotech Limited
Tower # 5,
International Infotech Park,
Vashi Station, Complex,
Navi Mumbai, 400703
Phone: 912271238000
Email: investors@3i-infotech.com
Websitehttps://www.3i-infotech.com/

Lead Manager of the Rights Issue

Registrar

Skyline Financial Services Pvt.Ltd.

Where to check allotment of Rights issue? https://www.skylinerta.com/ipo.php

 

3i Infotech Ltd – Rights Issue Review

(By Paresh Gordhandas, CA & Research Analyst)

3i Infotech Ltd, a former ICICI Group company, is now a diversified global IT and digital transformation services provider, focusing on cloud, AI/ML, analytics, cybersecurity, and automation for clients in BFSI, government, and healthcare sectors. The company has over 6,000 employees and presence across Asia, the Middle East, and the Americas.

The company plans to raise Rs. 64.10 crore through its Rights Issue at Rs. 17 per share, compared to the current market price of Rs. 19.57, offering a discount of about 13%. The proceeds will be utilized for working capital requirements and general corporate purposes, supporting its ongoing digital transformation and service expansion initiatives.

Financially, 3i Infotech posted a turnaround in FY25, reporting a PAT of Rs. 25.35 crore versus a loss of Rs. 313.58 crore in FY24. While total income declined to Rs. 725.76 crore from Rs. 813.88 crore, profitability improvement reflects effective restructuring and better cost management.

Chanakya View:
The issue appears modestly priced and comes at a time when the company is stabilizing post-restructuring. With a stronger balance sheet, focus on high-margin digital services, and improving profitability, existing shareholders can subscribe for long-term value creation. However, investors should monitor execution consistency and revenue recovery in the coming quarters.

 

 

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