Integrated Industries Ltd, a small-cap company trading under ₹50, has announced a major capital infusion of ₹101.5 crore. The funds were raised through the issuance of convertible warrants, a move aimed at accelerating the company's expansion plans and strengthening its operational capabilities.
Details of the Fundraising Exercise
The company issued 4.06 crore convertible warrants at a price of ₹25 each on a preferential basis. The warrants were allotted to both promoter and non-promoter entities. Upon their full conversion, this capital raise is expected to significantly boost the company's financial capacity to scale manufacturing and optimise working capital.
Notably, the fundraising saw strong institutional interest. Two investment firms, Choice Strategic Advisors LLP and Accufolio Risers LLP, demonstrated substantial confidence by committing ₹25 crore each, which translates to 1 crore warrants per firm. Their combined investment accounts for nearly half of the external participation in this offer.
How Will the Funds Be Utilised?
According to the company's official release, the proceeds will be strategically deployed across three key areas:
- Funding capital expenditure (CAPEX) for capacity expansion within its subsidiaries.
- Strengthening working capital resources to improve overall operational efficiency.
- Enhancing financial flexibility to seize new opportunities in the growing FMCG and food processing sector.
Saurabh Goyal, Managing Director of Integrated Industries, expressed strong optimism. He stated that the participation from marquee investors and the promoter's commitment reflects deep confidence in the company's strategy. He emphasised that the ₹101.5 crore will be pivotal in scaling operations, enhancing efficiencies, and pursuing new growth avenues for its subsidiaries.
Company Background and Stock Performance
Incorporated in 1995, Integrated Industries manufactures organic and inorganic food products and bakery items through its subsidiaries. The company has been focusing on broadening its presence in high-growth food categories.
The stock, which surged 5% to ₹29.80 on the BSE last Friday, has a remarkable performance history. It is a noted multibagger, having delivered an astronomical 59,500% return to investors over the past five years.
However, its trajectory has been volatile recently. While the stock has gained over 19% in the last six months and is up 11% in the past week and 24% over the last month, it has declined by 18% over the past one year. On a year-to-date (YTD) basis for 2025, the penny stock has registered a gain of 2.23%.
The company believes that this fundraise and the consequent strengthening of its balance sheet will enable a more aggressive push into high-growth food segments and support its long-term strategic goals.
