Penny stock under Rs 2: Board to raise Rs 2,500 Crore via QIP or FCCBs; 11.5 Times its Current Market Cap

DSIJ Intelligence-1 / 24 Sep 2025/ Categories: Multibaggers, Penny Stocks, Trending

Penny stock under Rs 2: Board to raise Rs 2,500 Crore via QIP or FCCBs; 11.5 Times its Current Market Cap

The stock gave multibagger returns of over 140 per cent from its 52-week low of Rs 0.65 per share and a whopping 2,100 per cent in 5 years.

Excel Realty N Infra Limited has announced a Board of Directors meeting for Monday, October 6, 2025, at 2:00 p.m. to discuss two key proposals. The first is to increase the company's fund-raising capacity from the previously approved Rs 500 crore to an enhanced amount of up to Rs 2,500 crore through various instruments such as preferential allotment, convertible warrants, FCCBs, or QIP. The second proposal involves a significant increase in the company's Authorised Capital from ₹500 crores to Rs 2,500 crore. Both of these proposals are subject to approval from the company's shareholders and various regulatory bodies. These measures signal the company's intent to substantially expand its financial resources for future growth and projects.

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About the Company

Established in 2003, Excel Realty N Infra Limited, formerly known as Excel Infoways Limited, operates across multiple sectors, including infrastructure development, IT-enabled BPO services, and general trading. The company’s IT/BPO division specialises in providing customer care and workflow management services. In the infrastructure space, Excel Realty focuses on residential and annuity businesses, having completed various projects such as agricultural land development with Silicon Infracon, stormwater drainage for Arshiya International Ltd., and an intake construction at the Modak Sagar Tunnel. The company has also been involved in a mining project for EMTA Coal Limited, showcasing its diverse portfolio and collaborative approach.

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According to Quarterly Results, the net sales increased by 1,082 per cent to Rs 5.79 crore in Q1FY26 compared to Q1FY25. The company reported net profit of Rs 0.02 crore in Q1FY26. In FY25, the company reported net sales of Rs 18.93 crore and net profit of Rs 0.69 crore.

The company has a market cap of Rs 217 crore and debtor days have improved from 329 to 98.3 days. The stock gave multibagger returns of over 140 per cent from its 52-week low of Rs 0.65 per share and a whopping 2,100 per cent in 5 years.

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