Thangamayil Jewellery Ltd Right Issue

₹510.00 Cr BSE, NSE 21 Feb 2025 – 4 Mar 2025

Closed Ratio: 2 : 15 BSE, NSE
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Issue Price
₹1,400.00
Face Value
₹10.00
Issue Size (Shares)
3,642,857
Issue Size (₹ Cr.)
₹510.00
📅 Right Issue Timetable
Last Date to Buy SharesMon, Feb 10, 2025
Record DateTue, Feb 11, 2025
Credit of Rights EntitlementsThu, Feb 20, 2025
Bid/Offer Opens OnFri, Feb 21, 2025
Issue Open DateFri, Feb 21, 2025
Renunciation Last DateTue, Feb 25, 2025
Bid/Offer Closes OnTue, Mar 4, 2025
Issue Close DateTue, Mar 4, 2025
Deemed Date of AllotmentMon, Mar 10, 2025
Credit DateWed, Mar 12, 2025
Listing DateTue, Mar 18, 2025
📋 Right Issue Details
Issue Size (Shares)3,642,857
Issue Size (Amount)₹510.00 Cr.
Issue Price₹1,400.00 per share
Face Value₹10.00 per share
Entitlement Ratio2 : 15
Listing AtBSE, NSE
Terms of PaymentThe total amount will be payable on application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income3,832.183,155.90
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
2Capital expenditure towards setting-up of 6 (Six) new retail stores (“New Stores”), including one flagship store in Chennai Metropolitan Area.
8Inventory required to be held in New Stores.
🏢 About the Company
Incorporated in 2010, Thangamayil Jewellery Limited is engaged in the business of selling gold and diamond jewellery.

The company sells jewellery made of silver, platinum, precious and semi-precious stones, along with customised jewellery, gold and silver coins, and silver utensils.

The company offers a range of traditional, contemporary, and combination jewellery designs, with inventory tailored to regional preferences in gold, diamond, and other jewellery types.

Under the brand “ Thangamayil,” the company offers various registered jewellery designs and collections, including Subiksham, Minimini Diamonds, Sayonee, Omana, Punnagai, BeU, and others to meet diverse customer needs.

The company operates at a PAN India level, with a strong presence in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Mumbai, Gujarat, and West Bengal. It manufactures gold and silver jewellery at its facilities in Madurai for sale in its showrooms.

As of January 31, 2025, the company had 2,445 employees employed across all locations.
📞 Company Contact
CompanyThangamayil Jewellery Ltd
Address124,
Nethaji Road,
Madurai - 625 001
Madurai, Tamil Nadu, 625001
Phone91452234559
Emailcompanysecretary@thangamayil.com
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📝 Registrar
NameMUFG Intime India Pvt.Ltd.
Phone022-49186000
Emailthangamayil.rights2024@linkintime.co.in
WebsiteVisit ↗