New Delhi, July 15 -- Fintech company Infibeam Avenues has announced the completion of its Rs.700 crore rights issue, which was oversubscribed 1.40 times. The rights issue was structured in a 67:267 ratio at Rs.10 per share, including a premium of Rs.9 per share.

The company in an exchange filing on Tuesday stated, "In terms of the Letter of Offer dated June 19, 2025, the Rights Issue opened on Thursday, July 03, 2025, and closed on Friday, July 11, 2025 with an over subscription of 140% i.e. 1.40 times of the total Rights Issue Size of Rs. 69,998.57 lakhs.

It further added, "The Rights Issue Committee of the Company at its meeting held today, i.e. July 15, 2025, has considered and approved the allotment of 69,99,85,723 Partly paid up E...