Thangamayil Jewellery Rights Issue Details, Record Date, Issue Price, Subscription

  • 19-Feb-2025
  • 2 mins read
Thangamayil Jewellery Rights Issue

Thangamayil Jewellery Rights Issue, Record Date, Issue Price

Thangamayil Jewellery Rights Issue details are now available. The company plans to issue 36,42,857 equity shares amounting to Rs 510 crores. Thangamayil Jewellery Rights issue price is Rs 1400 per share, and the face value is Rs 10 per share.

Thangamayil Jewellery Rights Issue open date is February 21, 2025 and closing date is March 4, 2025. Thangamayil Jewellery rights issue entitlement ratio is 2:15, which is 2 Rights Equity Share for every 15 fully paid-up Equity Share held on record date.

Thangamayil Jewellery Rights Issue record date is February 11, 2025. The last date to buy shares of Thangamayil Jewellery is February 10, 2025. Rights Issue subscription status will be available after the issue goes live.

Thangamayil Jewellery Rights Issue Allotment date is March 10, 2025, Credit date is March 12, 2025 and Listing date is March 18, 2025. However, the listing will be at BSE NSE platform.

Thangamayil Jewellery Rights Issue book-running lead manager is Sundae Capital Advisors. The registrar for the Thangamayil Jewellery rights Issue is Link Intime India Private Limited.

Also Read | Jyoti Structures Rights Issue Details, Record Date, Issue Price, Subscription

Thangamayil Jewellery Rights Issue Details

Thangamayil Jewellery Rights Issue details are as follows: the company plans to issue 36,42,857 equity shares amounting to Rs 510 crores. Thangamayil Jewellery Rights issue price is Rs 1400 per share. The rights issue entitlement ratio is 2:15, which is 2 Rights Equity Shares for every 15 fully paid-up equity share(s).

Issue Open

February 21, 2025 - March 4, 2025

Security Name

Thangamayil Jewellery Ltd

Issue Size (Shares)

36,42,857

Issue Size (Amount)

Rs 510.00 Crores

Issue Price

Rs 1400 per share

Face Value

Rs 10 per share

Listing At

BSE, NSE

Terms of Payment

The total amount will be payable on application.

Entitlement

2 Rights Equity Share(s) for every 15 fully paid-up Equity Shares held on Record Date

Thangamayil Jewellery Rights Issue Dates

Thangamayil Jewellery Rights Issue record date is February 11, 2025. The last date to buy shares of Thangamayil Jewellery is February 10, 2025.

Last Date to buy shares

February 10, 2025

Record Date

February 11, 2025

Credit of Rights Entitlements

February 20, 2025

Bid/Offer Opens On

February 21, 2025

Renunciation of Rights Entitlements

February 25, 2025

Bid/Offer Closes On

March 4, 2025

Deemed Date of Allotment

March 10, 2025

Credit Date

March 12, 2025

Listing Date

March 18, 2025

Thangamayil Jewellery Rights Issue Subscription

Thangamayil Jewellery Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 2 Rights Equity Share(s) for every 15 fully paid-up Equity Share(s) held on Record Date. The offer price is Rs 1400 per share.

Thangamayil Jewellery Limited: About the Company

Thangamayil Jewellery Limited, founded in 2000, is a key Indian jewelry retailer with headquarters in Madurai, Tamil Nadu. The firm deals in the production and retail of gold, diamond, silver, and platinum jewelry, among other accessories. With a strong operational presence, Thangamayil has over 49 showrooms and 10 single-brand silver stores, covering around 78,000 square feet of retail area in Tamil Nadu.

The company has adopted contemporary retailing practices, such as online sales and gold-saving plans, to improve customer accessibility. Thangamayil prioritizes quality, having been a pioneer in undertaking initiatives such as BIS hallmarking for gold jewellery. The growth path of the company illustrates its commitment to blending traditional craftsmanship with modern design, serving a wide range of customers. Up to this point, Thangamayil continues to expand its reach while keeping a sharp eye on customer satisfaction and product integrity. 

Thangamayil Jewellery Limited Financials (in Rs crore)

Period Ended

31 Mar 2024

31 Mar 2023

Assets

1,481.1

1,246.56

Revenue

3,832.18

3,155.9

Profit After Tax

123.24

79.74

Thangamayil Jewellery Rights Issue Registrar

Thangamayil Jewellery Limited's registrar is Link Intime India Private Limited. The book-running lead manager(s) on this rights issue is Sundae Capital Advisors. 

FAQs

1. What are the details of the Thangamayil Jewellery Rights Issue?

Thangamayil Jewellery Rights Issue details are as follows: Thangamayil Jewellery plans to issue 36,42,857 equity shares amounting to Rs 510 crores. Thangamayil Jewellery Rights issue price is Rs 1400 per share, and the face value is also Rs 10 per share. The rights issue entitlement ratio is 2:15, which is 2 Rights Equity Share(s) for every 15 fully paid-up equity share(s).

2. Thangamayil Jewellery Rights Issue open date and close date?

Thangamayil Jewellery Rights Issue's open date is February 21, 2025, and the closing date is March 4, 2025. Thangamayil Jewellery Rights Issue record date is February 11, 2025. The last date to buy shares of Thangamayil Jewellery is February 10, 2025.

3. How can I apply for the Thangamayil Jewellery Rights Issue?

You can apply for Thangamayil Jewellery in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Thangamayil Jewellery Rights Issue?

Thangamayil Jewellery's rights issue entitlement ratio is 2:15, which is 2 Rights Equity Share(s) for every 15 fully paid-up equity share(s).

5. How can I check the Thangamayil Jewellery Issue Allotment Status?

The registrar for this upcoming rights issue is Link Intime India Private Limited. Investors can check the allotment status by visiting the registrar's here

7. What is the listing date of the Thangamayil Jewellery Rights Issue?

The Thangamayil Jewellery Rights Issue listing date is March 18, 2025. However, the listing will be at BSE and NSE platform.

8. Who are the registrar and lead managers of Thangamayil Jewellery Rights Issue?

Thangamayil Jewellery Limited registrar is Link Intime India Private Limited. Whereas, the book-running lead manager(s) of this rights issue is Sundae Capital Advisors.

Also Read | What is a Rights Issue?


Close

Let's Open Free Demat Account