3i Infotech Share Price Rises 2.39% After Raising ₹64.10 crore From Rights Issue

Mumbai, October 31: 3i Infotech share price is trading in the green today, on October 31. As of 12:15 PM, 3i Infotech stock price is up by 2.39%, or 0.41 points, and is trading at ₹17.60. Until now, the 3i Infotech shares have traded within a range of ₹17.82 and ₹17.19. The current traded volume stands at 11.60 lakh shares, with the company’s market cap at ₹357 crore. The 3i Infotech stock has its 52-week high at ₹33.06 and its 52-week low at ₹17.06. The rise in the share price is a direct result of the company raising ₹64.10 crore from its rights issue.

3i Infotech Rights Issue Oversubscribed By 1.47 Times

3i Infotech announced that its rights issue was oversubscribed by 1.47 times. It means that it has successfully completed its rights issue and raised ₹64.10 crore. The rights issue opened on October 7 and closed on October 27, 2025. The issue received bids for 5.54 crore shares against an offer of 3.77 crore shares. The company offered the rights issue in the ratio of 2 shares for every 9 held at an issue price of ₹17 per share. Post-allotment, the company’s equity share capital will increase from ₹169.69 crore to ₹207.39 crore.

3i Infotech said that it will use the rights issue proceeds to build capabilities in new-age technologies and expand into new industries and geographies.

Positive Investor Sentiment Driving 3i Infotech Share Price

3i Infotech’s price increased by 2.39% as investor sentiment turned positive due to its rights issue getting oversubscribed. The company has successfully raised ₹64.10 crore, and investors believe that it will enable the company to have more funds for expansion. It remains to be seen at what price the shares close today after the market session ends.

REF: https://nsearchives.nseindia.com/corporate/3IINFOTECHLTD_30102025205731_Press_release_-Right_issue_signed.pdf

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