Penny Stock Under Rs 1: Ahmedabad-based Company Board to Evaluate 12% Strategic Investment Proposal by Singapore’s Unique Global Managed Services

DSIJ Intelligence-2 / 22 Jul 2025/ Categories: Mindshare, Penny Stocks, Trending

Penny Stock Under Rs 1: Ahmedabad-based Company Board to Evaluate 12% Strategic Investment Proposal by Singapore’s Unique Global Managed Services

The stock is up by 65.71 per cent from its 52-week low of Re 0.56 per share and a whopping 386 per cent in 5 years.

Ahmedabad-based IFL Enterprises Ltd, engaged in import, export, and trading of agri commodities, announced that its Board of Directors will meet on 1 August 2025 to evaluate a proposal from Singapore-based Unique Global Managed Services PTE. Ltd to acquire up to a 12 per cent equity stake through the strategic investment route. The management considers the interest a strong endorsement of the company’s operational credibility and growth potential by a globally reputed investor.

Unique Global Managed Services PTE. Ltd, a registered entity under Singapore law, has diversified interests in wholesale trade, business consulting, and global ventures. The proposed investment is strategic and long-term, with the transaction expected to be executed in full compliance with SEBI, FEMA, and RBI regulations.

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Recently, four Foreign Portfolio Investors (FPIs) — Minerva Venture Fund, Nautilus Private Capital Ltd, Al Maha Investment Fund PCC-ONYX Strategy, and Nova Global Opportunities Fund PCC–Touchstone — collectively acquired 16.08 per cent stake in IFL Enterprises, each holding 4.02 per cent as of 11 July 2025.

Mr. Meet Director, Director of IFL Enterprises Ltd, stated that the proposal and Letter of Intent from Unique Global Managed Services are under review and will be placed before the Board for deliberation. Post-approval, the transaction is expected to bring financial and strategic benefits, including strengthening the capital base and supporting the company’s expansion plans.

For FY25, IFL Enterprises reported revenue of Rs 120.60 crore, a 13-fold increase from Rs 8.24 crore in FY24, with net profit rising 254 per cent year-on-year to Rs 2.99 crore from Rs 84.5 lakh. In Q4 FY25, consolidated net profit stood at Rs 3.04 crore, while revenue surged multifold to Rs 72.13 crore compared to Rs 1.98 crore in Q4 FY24.

On 11 July 2025, the Board approved the allotment of 49,47,19,229 fully paid-up rights equity shares at Rs 1 per share, increasing the paid-up capital to 1,24,50,43,393 shares. The rights issue raised Rs 49.14 crore, aimed at strengthening the financial position and supporting general corporate needs.

The stock is up by 65.71 per cent from its 52-week low of Re 0.56 per share and a whopping 386 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.