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.
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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.
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