Integrated Industries Ltd: Preferential Allotment of 4.06 Crore Warrants to Promoter and Non-Promoters
DSIJ Intelligence-1Categories: Mindshare, Trending
The stock gave multibagger returns of 14,670 per cent in 3 years and a whopping 59,000 per cent in 5 years.
Integrated Industries Limited (BSE: 531889) is undertaking a significant fundraise by issuing up to 4,06,00,000 convertible Warrants on a preferential basis to specific promoter and non-promoter groups. Each Warrant entitles the holder to one Equity Share of face value Re 1 upon conversion. The Warrants are being issued at Rs 28.25 each, including a premium of Rs 27.25. The exercise period for conversion into equity shares is 18 months from the date of allotment. A minimum of 25 per cent of the issue price, or Rs 7.06 per warrant, must be paid upfront upon allotment, with the remaining 75 per cent (Rs 21.19) due at the time of conversion. This issuance is subject to necessary approvals, including from the Stock Exchange.
The total potential capital to be raised upon full conversion of all 40.6 million warrants is approximately Rs 114.69 crore. The funds are strategically earmarked to support the company's subsidiaries, primarily for Capital Expenditure (CAPEX) related to capacity expansion and to strengthen working capital requirements. Notable subscribers include M.G. Metalloy Private Limited (Promoter Group), Choice Strategic Advisors LLP and Accufolio Risers LLP (Non-Promoter Groups). The 'Relevant Date' for determining the minimum issue price, as per SEBI regulations, is December 4, 2025.
About the Company
Integrated Industries Limited, a company focused on the food sector, has a diverse portfolio that includes organic, inorganic and processed food items, as well as bakery goods. In 2023, the company strategically acquired a fully operational biscuit manufacturing plant in Neemrana, Rajasthan, through its subsidiary, M/s Nurture Well Food Limited. This acquisition was a key move to boost its production capacity and expand its footprint in the market.
Through the modern facility in Neemrana, Nurture Well Food Limited produces a range of biscuits and cookies under the popular brands RICHLITE, FUNTREAT and CRUNCHY CRAZE. These products have a strong distribution network of more than 150 business partners across North India, with a presence in states like J&K, Himachal, Punjab, Rajasthan, Uttarakhand, Delhi NCR and Uttar Pradesh. The company's reach also extends to several international markets, including the UAE, Somalia, Tanzania, Kuwait, Afghanistan, Congo, Kenya, Rwanda and Seychelles.
The company demonstrated strong financial performance in both Q2FY26 and H1FY26. Quarterly, net sales increased significantly by 43 per cent year-on-year, reaching Rs 286.86 crore in Q2FY26 compared to Rs 186.60 crore in Q2FY25. Profit after Tax (PAT) also grew substantially, rising by 108 per cent to Rs 29.89 crore in Q2FY26 compared to Q2FY25. In its half-yearly results, net sales increased by 64 per cent to Rs 536.72 crore and net profit increased by 100 per cent to Rs 54.66 crore in H1FY26 compared to H1FY25.
In FY25, the company reported net sales of Rs 766 crore and net profit of Rs 67 crore. The promoters of the company own 53.81 per cent, DIIs hold 0.07 per cent and public shareholders own the remaining 46.12 per cent. The shares of the company have a PE of 10x, an ROE of 28 per cent and an ROCE of 31 per cent. The stock gave multibagger returns of 14,670 per cent in 3 years and a whopping 59,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.