Thangamayil Jewellery Ltd IPO


Subscription Details

  • Open Date 27 Jan
  • Close Date 29 Jan
  • Lot Size 80
  • IPO Size ₹ 28.75 Cr
  • IPO Price Range ₹ 75
  • Min Investment ₹ 6000

Thangamayil Jewellery Ltd IPO Timeline

Open Date
27 Jan
Close Date
29 Jan
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public Issue of 3833667 equity shares of Rs. 10/- each of Thangamayil Jewellery Limited(TJL or The Company or The Issuer) for cash at a price of Rs.75 per equity share (Including a share premium of Rs. 65 per equity share) aggregating to Rs. 28.75 crores (The Issue). Upto 120000 equity shares aggregating to Rs. 0.90 crores will be reserved in the issue for subscription by eligible employees (The Employees Reservation Portion). The Issue less the employee reservation portion is referred to as the Net Issue. The Issue will constitute 27.94% of the post issued paid up capital of the company. The Net issue to public will constitute 27.07% of the fully diluted post issue paid-up equity capital of the company. Issue price Rs 75 per equity share of face value Rs 10 each. The issue price is 7.5 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Thangamayil Jewellery Ltd IPO

Contact Information


124 Nethaji Road,
Madurai, Tamil Nadu 625001

Thangamayil Jewellery Ltd IPO Lead Manager

Keynote Corporate Services Ltd
Open Demat Account