Share the post "IPO Launch: Thangamayil Jewellery’s Rights Issue on 21-02-2025!"
An Initial Public Offering (IPO) is a critical financial event that enables a private company to offer its shares to public investors for the first time. By going public, a company can access capital markets to fund growth initiatives, pay off debt, or invest in new projects. The IPO process involves rigorous preparation, including financial audits and regulatory filings to attract investors and establish credibility. Thangamayil Jewellery IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 21 Feb 2025 to 04 Mar 2025 , with a market lot of 1 shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | THANGAMAYIL JEWELLERY LTD |
|---|---|
| Offer Price () | 1400.00 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 21 Feb 2025 to 04 Mar 2025 |
| Price (Inclusive Of Premium) | 1400.00 |
| Market Lot | 1 |
| LTP | 1721.20 |
| Book Running Lead Manager | Sundae Capital Advisors Private Limited |
| Registrar | MUFG Intime India Private Limited |
| Remarks | Notice no. :20250219-6 |
| Notes | Issue of up to 36,42,857 Rights Equity Shares of face value Rs.10 each for cash at a price of Rs.1,400.00 per Equity Share (including securities premium of Rs.1,390 per Equity Share) for an amount aggregating up to Rs.51,000.00 lakhs, rounded off, on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of 2 Rights Equity Share for every 15 Equity Shares of face value Rs.10 each held by the Eligible Equity Shareholders on the Record Date that is 11 February, 2025. |
Thangamayil Jewellery IPO opens on 21-02-2025, and closes on 04-03-2025
| Start Date | 21-02-2025 |
|---|---|
| End Date | 04-03-2025 |
| Issue Period | 21 Feb 2025 to 04 Mar 2025 |
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