SYNOPSIS: Integrated Industries plans to raise Rs. 101.5 crore through a preferential issue of 4.06 crore warrants, backed by prominent investors, to fund capacity expansion, strengthen working capital, and enhance financial flexibility for growth.
During Monday’s morning trading session, shares of a company involved in the manufacturing of organic and inorganic food products and bakery items hit a 5 percent upper circuit on BSE, after announcing Rs. 101.5 crore fundraise through the issuance of 4.06 crore warrants.
With a market cap of Rs. 728.5 crores, shares of Integrated Industries Limited hit a 5 percent upper circuit at Rs. 31.29 on NSE, as against its previous closing price of Rs. 29.8.
The stock has delivered negative returns of around 10 percent in one year, but has gained by more than 37 percent in the last one month.
What’s the News:
According to the latest disclosures filed with the BSE, Integrated Industries Limited announced a proposal to issue 4,06,00,000 warrants on a preferential basis to both promoter and non-promoter investors. Each warrant is priced at Rs. 25 per share, translating into a potential fund infusion of Rs. 101.5 crore upon full conversion.
Reflecting strong investor confidence in the company’s strategic direction, prominent investors include Choice Strategic Advisors LLP and Accufolio Risers LLP, each committing Rs. 25 crore by subscribing to 1 crore warrants.
The company plans to utilise the proposed Rs. 101.5 crore for capex to expand subsidiary-level capacity, strengthen working capital to enhance operational efficiency, and improve financial flexibility to pursue emerging business opportunities.
Financials & More:
Integrated Industries reported a significant growth in revenue from operations, experiencing a year-on-year increase of more than 53 percent, from Rs. 187 crores in Q2 FY25 to Rs. 287 crores in Q2 FY26.
Likewise, the company’s net profit more than doubled during the same period, from Rs. 14 crores to Rs. 30 crores, reflecting an impressive rise of around 114 percent YoY.
Incorporated in 1995, Integrated Industries Limited is primarily engaged in the business of organic & inorganic food products, bakery products and other processed food items. As part of its strategic growth initiative, the company has been running a biscuit manufacturing facility through its subsidiary, Nurture Well Foods Limited.
Nurture Well Foods Limited manufactures premium biscuits and cookies for domestic and international markets under the brands RICHLITE, FUNTREAT, and CRAZY CRUNCH. Its Neemrana (Rajasthan) facility, with a capacity of 3,400 MT per month, features modern automated technology and adheres to strict quality standards.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post FMCG stock hits 5% upper circuit after announcing ₹101.5 Cr fundraise appeared first on Trade Brains.