Intellect Design Arena is currently trading at RS. 982.05, up by 20.85 points or 2.17% from its previous closing of RS. 961.20 on the BSE.
The stock opened at RS. 974.25 and touched a high of RS. 983.55 and a low of RS. 955.00 during the session. A total of 12,630 shares have been traded so far.
The BSE group 'A' stock, with a face value of RS. 5, hit a 52-week high of RS. 1255.00 on June 17, 2025, and a 52-week low of RS. 555.05 on April 7, 2025. In the past week, the stock’s high and low stood at RS. 1001.60 and RS. 901.40 respectively. The company’s current market capitalization is RS. 13,418.96 crore.
The promoters’ holding in the company stands at 29.87%, while institutions and non-institutions hold 34.99% and 35.13% respectively.
In a major development, Intellect Design Arena’s wholly-owned subsidiary in the UK has received board approval for a Memorandum of Understanding (MoU) to form a joint venture with UK-based ITIXA, a group company of System Holdings. The JV will be established in GIFT City, IFSC, Gujarat.
The new entity will focus on providing AI-enabled software, along with bookkeeping, accounting, payroll, HR, and other business support services to businesses in the UK, as well as to accounting firms, regulators, and software providers. The JV may also expand its services and geographic presence in the future. Intellect Design Arena UK will hold 50.1% stake, while ITIXA will hold 49.9%, with both companies having equal representation on the Board of Directors.
Intellect Design Arena is a global financial technology leader, offering a comprehensive range of digital solutions that cater to the entire spectrum of banking and insurance needs.