Infibeam Avenues’ Rs 700 Cr rights issue oversubscribed 1.4X

Fintech firm Infibeam Avenues has concluded its Rs 700-crore rights issue, which was oversubscribed by 1.4 times. The rights issue offered eligible shareholders the opportunity to buy four new shares for every existing share held, at a price of Rs 10 per share, the company said in a statement. “T