Manoj Jewellers rights issue 2026: key dates, price
Ask Iris
What Manoj Jewellers has announced
Manoj Jewellers Limited has launched a rights issue to raise funds through the issuance of up to 89,85,628 equity shares. The issue price is set at ₹20 per share, against a face value of ₹10, implying a premium of ₹10 per share. The company has indicated a fundraise target of ₹17.97 crore (₹1,797.13 lakh). The rights entitlement ratio is 1:1, meaning one rights equity share for every one fully paid-up equity share held on the record date. The record date is August 21, 2026, as stated in multiple disclosures and reports. Manoj Jewellers is listed on the BSE SME platform, with its listing date noted as May 12, 2025.
Promoter holding update from the investor presentation
Alongside the fundraising updates, the company’s shareholding data indicates stability in the promoter stake. Promoter holding is reported as unchanged at 65.28% in the March 2026 quarter. For investors, a steady promoter stake is typically tracked closely during capital-raising events, especially in SME-listed names. The provided material does not include changes across other categories beyond placeholders, but it explicitly flags the promoter figure and that it remained unchanged.
Board meeting trail leading up to the issue
The fundraising process is also reflected in the company’s board meeting agenda items. A board meeting on July 1, 2026, included the agenda for the rights issue of equity shares. Another meeting on June 24, 2026, referenced fund raising and other items. The audited results were listed for May 15, 2026, and earlier audited and half-yearly results dates were also provided.
Key issue terms: price, ratio, and record date
The rights issue terms shared across the text are consistent on the central variables. The issue price is ₹20 per share and the entitlement ratio is 1:1. The record date is August 21, 2026, and eligible shareholders received rights entitlements (REs) in that proportion. The face value is ₹10 per share. The issue size is stated as ₹17.97 crore, corresponding to the 89,85,628 equity shares offered at ₹20.
Subscription window dates: what is being reported
The issue schedule cited in the text states that the issue opened for subscription on August 31, 2026, and closes on September 29, 2026. It also states that the RE trading window closes on September 24, 2026. Separately, the material also mentions a subscription period of June 24, 2026 to August 21, 2026, while still repeating August 21, 2026 as the record date. Investors typically rely on the final issue schedule and the company’s Letter of Offer for definitive dates. The text also references a Letter of Offer dated August 20, 2026, filed with SEBI and the stock exchange.
How non-shareholders can participate via REs
The provided information states that investors who were not shareholders on the record date can still participate by buying the company’s REs on BSE. The REs trade under a separate ISIN, INE0MV020018, and can be purchased through any registered broker like other listed securities. The text also gives a practical search cue used on broker platforms: “Manoj Jewellers Limited RE” (also shown as “Manoj Jewellers RE”, “Manoj RE”). Participation via REs is time-bound because the RE trading window is stated to close on September 24, 2026.
Application process: ASBA and offline CAF route
For applying to the rights shares, the text highlights the ASBA route for investors whose banks support Applications Supported by Blocked Amount. It also describes the offline path where the Registrar and Transfer Agent sends a Composite Application Form (CAF) to eligible shareholders. The completed form is to be submitted at a Self-Certified Syndicate Bank (SCSB) branch. The text also stresses that the full ₹20 per share is payable on application, which is a key operational detail for applicants planning funds.
Company profile and operating footprint
Manoj Jewellers is described as a Chennai-based jewellery company engaged in the wholesale and retail sale of gold, Kundan, diamond and silver jewellery, along with gold bars and coins. It is stated to operate two showrooms in Sowcarpet and Kilpauk, Chennai. The jewellery portfolio range cited spans from 1 gram to 80 grams. The rights entitlements instrument is also described as belonging to the retail industry sector in the referenced market data context.
Market and investor cues mentioned in the text
One market datapoint included is that Manoj Jewellers’ share price rose 3.85% to ₹27 while investor attention remained on the ongoing rights issue. The text also states that the company plans to use a large part of the proceeds for working capital requirements. In addition, it notes that promoters have confirmed they will subscribe to up to 17% of their rights entitlements in the issue. For investors, this is a disclosed intent and not a guarantee of broader subscription outcomes.
Conclusion
Manoj Jewellers’ ₹17.97 crore rights issue is structured as a 1:1 offer at ₹20 per share, with the record date set as August 21, 2026 and the issue closing on September 29, 2026. Investors who missed the record date are still able to participate by buying REs on BSE before September 24, 2026, subject to the trading window. The next operational milestones cited are the deemed date of allotment on September 30, 2026 and the proposed listing of the new shares on October 5, 2026.
Frequently Asked Questions
Did your stocks survive the war?
See what broke. See what stood.
Live Q2 Earnings Tracker
