1 hr ago
Manoj Jewellers Seeks Rs. 1,797 Lakh Through Rights Issue
Manoj Jewellers is a jewellery company based in Chennai.
It sells gold, diamond, silver and other jewellery through wholesale and retail channels.
The company has two showrooms in the city.
It wants to raise Rs.
1,797.13 lakh from existing shareholders.
Shareholders can buy one new share for every share they already own.
Each new share costs Rs.
20.
Most of the money will be used for everyday business needs and working capital.
The company also plans to use some money for general corporate purposes and issue costs.
The issue is scheduled to close on September 29, 2026.
Manoj Jewellers Limited is raising Rs. 1,797.13 lakh through a rights issue.
The Chennai-based company operates two jewellery showrooms in Sowcarpet and Kilpauk.
Shareholders are entitled to buy one new share for every share held.
The issue is priced at Rs. 20 per share, including a Rs. 10 premium.
Most proceeds will fund working capital, with additional amounts for corporate purposes and issue expenses.
- Who
- Manoj Jewellers Limited, its shareholders and its promoters.
- What
- The company is conducting a Rs. 1,797.13 lakh rights issue.
- Where
- The company operates in Chennai, Tamil Nadu, through showrooms in Sowcarpet and Kilpauk, and its shares are listed on the BSE SME platform.
- When
- The record date was August 21, 2026; the issue runs from August 31 to September 29, 2026, with allotment scheduled for September 30 and listing on October 5.
- Why
- The funds are intended mainly for working capital and day-to-day business expenses, along with general corporate purposes and issue-related costs.
Key facts
- Issue size
- Rs. 1,797.13 lakh
- Rights entitlement
- 1:1, or one new share for every one share held
- Issue price
- Rs. 20 per share, comprising a Rs. 10 face value and Rs. 10 premium
- Working capital allocation
- Rs. 1,353.23 lakh
- General corporate purposes
- Rs. 400 lakh
- Issue-related expenses
- Rs. 43.90 lakh
- Issue timeline
- Applications close September 29, 2026; allotment is scheduled for September 30 and listing for October 5
Sources
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