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1:5 Stock Split In 2025: IT Stock To Raise $50M Via FCCBs, Rs 250 Cr Through QIP

A number of significant decisions from the board meeting of Kellton Tech Solutions Ltd., a small-cap IT company, were made public on September 6, 2025. A Qualified Institutional Placement (QIP) of no more than Rs 250 crore and the issue of Foreign Currency Convertible Bonds (FCCBs) up to USD 50 million were among the fundraising strategies that the company authorized.

1:5 Stock Split In 2025: IT Stock To Raise $50M Via FCCBs, Rs 250 Cr Through QIP

The Board additionally proposed raising the authorized share capital from Rs 60 crore to Rs 100 crore. The company would also establish a wholly owned subsidiary in Ireland to bolster its worldwide footprint. September 30, 2025 is the date of the FY 2024-2025 Annual General Meeting (AGM).

The above moves came after Kellton Tech Solutions completed a 1:5 stock split action in 2025. The face value of each equity share lowered from Rs 5 to Rs 1 as a result of the 5:1 stock split. With a record date of July 25, 2025, for identifying eligible shareholders, the split went into effect on July 28, 2025. Following the split, a new ISIN, INE164B01030, was issued for the shares.

As per Kellton Tech Solutions the sub-division (Split) of equity shares has now been fully implemented and the effect of the split is already reflected from Monday, July 28, 2025, for both existing and prospective shareholders.

Kellton Tech's June quarter net profit of Rs 22.7 crore represented a 13.59 percent rise over the same period in the previous year, according to the company's financial reports. At Rs 296.1 crore, the total revenue increased 12.8% year on year (YoY). In Q1FY26, EBITDA was Rs 35.8 crore, which translates to an EBITDA margin of 12.1%.

With a 52-week high of Rs 35.50 on December 16, 2024, and a 52-week low of Rs 19.01 on April 7, 2025, the stock has had significant volatility over the last year. The stock is trading significantly above its yearly low at the current market price of Rs 26.27, showing a rebound of more than 38% from lower levels, although it is still around 26% below its peak.

Founded in 2009, Kellton Tech Solutions is a multinational IT company based in India that specializes in digital engineering and technology consulting. With operations in the US, Europe, and Asia, the company's headquarters are in Hyderabad, India. The company authorized a 1:5 stock split and raised US$10 million through Foreign Currency Convertible Bonds (FCCBs) in mid-2025.

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