Garment Mantra Lifestyle Limited announces its Rights Issue for 2025. The company offers 39,14,97,795 shares at a price of ₹1.2 per share to existing shareholders. The total issue size is ₹46.98 crores, and the face value of each share is ₹1. Shareholders get 39 rights shares for every 20 fully paid shares they hold as of the record date, which is April 17, 2025. To be eligible, investors buy the shares by April 16, 2025.
The shares list on BSE. Investors pay only 25% of the amount during application, and the remaining 75% is paid later in one or more calls as decided by the company. This rights issue gives current shareholders a chance to buy more shares at a low price.
Overview of Contents
About Company Garment Mantra Lifestyle Limited
Garment Mantra Lifestyle Limited is a garment manufacturing and trading company that started its journey on November 15, 2011. Headquartered in Tirupur, Tamil Nadu—popularly known as the “Knit City of India”—the company focuses on producing and supplying ready-made garments for men, women, and children. It serves a wide customer base across India through both wholesale and retail channels.
The brand is known for offering trendy and affordable fashion using a variety of fabrics like pure cotton, polyester, blends, and printed materials. Its production facility spans 26,016 sq. ft. inside the Nethaji Apparel Park, equipped to handle various stages of garment creation. As of November 30, 2024, the company employs 21 full-time and 9 temporary staff across its offices and factory. With a strong product line that includes family wear and all age groups, Garment Mantra aims to combine quality, comfort, and value in every piece it offers.
Garment Mantra Lifestyle Rights Issue 2025 Overview
| Particulars | Details |
|---|---|
| Company Name | Garment Mantra Lifestyle Limited |
| Issue Type | Rights Issue |
| Issue Size (Amount) | Approx. ₹46.98 Crores |
| Issue Size (Equity Shares) | 39,14,97,795 Equity Shares |
| Issue Price | ₹1.20 per Equity Share |
| Face Value | ₹1.00 per Equity Share |
| Listing Platform | BSE (Bombay Stock Exchange) |
| Entitlement Ratio | 39 Rights Shares for every 20 Fully Paid-up Equity Shares held |
| Payment on Application | 25% of the issue price (i.e., ₹0.30 per share) |
| Balance Payment | Remaining 75% payable in one or more calls, as decided by the Board |
| Eligibility | Only existing shareholders holding fully paid shares are eligible |
| Letter of Offer | Click here |
Garment Mantra Lifestyle Rights Issue 2025 Dates
| Financial Metric | FY 2021–22 | FY 2022–23 | FY 2023–24 | Financial Metric | FY 2021–22 | FY 2022–23 | FY 2023–24 |
|---|---|---|---|---|---|---|---|
| Total Income | ₹204.11 Cr | ₹172.24 Cr | ₹164.28 Cr | Total Income | ₹204.11 Cr | ₹172.24 Cr | ₹164.28 Cr |
| Net Profit (After Tax) | ₹3.87 Cr | ₹0.94 Cr | ₹2.60 Cr | Net Profit (After Tax) | ₹3.87 Cr | ₹0.94 Cr | ₹2.60 Cr |
| Total Assets | ₹101.12 Cr | ₹99.70 Cr | ₹149.12 Cr | Total Assets | ₹101.12 Cr | ₹99.70 Cr | ₹149.12 Cr |
How to Apply for Garment Mantra Lifestyle Rights Issue 2025
Investors can apply for the Garment Mantra Lifestyle Rights Issue through two convenient methods:
Net Banking via ASBA (Application Supported by Blocked Amount): Shareholders can apply directly through their bank’s net banking portal using the ASBA service. This method allows the application amount to be blocked in the bank account until the shares are allotted. Most banks offer ASBA services under the IPO or Rights Issue section.
Registrar’s Website (R-WAP Facility): Investors can also apply through the Registrar’s Web-Based Application Platform (R-WAP). This method enables eligible shareholders to submit their applications online by filling out the form on the official website of the registrar and making payment through net banking, UPI, or other online payment modes.
📋 Garment Mantra Lifestyle Rights Issue 2025 – Allotment Status Contact
Registrar:
🏢 Bigshare Services Pvt Ltd
📞 Phone: +91-22-6263 8200
📧 Email: [email protected]
🌐 Website: ipo.bigshareonline.com/ipo_status.html
🏭 Garment Mantra Lifestyle Limited – Company Contact Details
📍 Address:
No. 15, Murthy’s Plaza,
Karia Gounder Street,
Khaderpet, Tirupur – 641 601
📞 Phone: 91421 4336896
📧 Email: [email protected]
🌐 Website: www.garmentmantra.com
Garment Mantra Lifestyle Right Issue FAQs
How can I apply for Garment Mantra Lifestyle Rights Issue?
To apply, eligible shareholders can fill out the application form available on the registrar’s website or via the designated broker platform, and submit the payment as per the rights entitlement ratio.
What is the entitlement ratio for this Rights Issue?
The entitlement ratio is 39:20, meaning shareholders will receive 39 rights shares for every 20 fully paid-up shares held on the record date.
How can I check my allotment status?
You can check the allotment status on the registrar’s official website: Bigshare Services or by contacting their helpline.