Garment Mantra Rights Issue dates are not finalized.
Garment Mantra Lifestyle is primarily engaged in three core business divisions: garment manufacturing, trading of knitted fabrics and garments, and retailing of its own manufactured knitted garments. The company offers a diverse range of apparel catering to all age groups, including men’s wear, women’s wear, boys’ wear, girls’ wear, and family wear. In its garment production, Garment Mantra Lifestyle uses a variety of knitted fabrics such as 100% cotton, 100% polyester, cotton-polyester blends, and printed polyester fabrics.
Garment Mantra Lifestyle has modern manufacturing units equipped for design, sampling, quality checks, ironing, and packing. While sewing is outsourced, all other processes are managed in-house. The company’s products are distributed across India through a network of wholesalers and distributors. Using both yarn and fabrics, it also offers customers fabric alternatives to enhance value through better pricing, quality, and delivery.
Promoters of Garment Mantra Lifestyle – Prem Aggarwal, and Shikha Aggarwal
Table of Contents
Garment Mantra Rights Issue Details
| Garment Mantra Rights Issue Date | Coming soon |
| Garment Mantra Rights Issue Price | INR 1.20 per share |
| Issue Size (in Shares) | 39,14,97,795 shares |
| Issue Size (in INR) | INR 46.98 crore |
| Issue Entitlement | 39 equity shares for every 20 equity shares held on the record date |
| Terms of Payment | 25.00% of the amount shall be payable at the time of the application, and the rest 75.00% of the amount shall be payable on two or more subsequent calls as may be decided by the board. |
| Garment Mantra Rights Issue Record Date | 17 April 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Garment Mantra Rights Issue Calculation
| Garment Mantra Rights Issue Price | INR 1.20 per share |
| Market Price on Rights Issue Approval | INR 1.67 per share |
| Dilution Factor (X) | 2.95 |
| Fair Value After Dilution at Prevailing Price | INR 1.36 per share |
Garment Mantra Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 204 | 172 | 164 |
| Expenses | 195 | 166 | 156 |
| Operating Margin (%) | 4.0 | 4.0 | 5.0 |
| Net Income | 3.59 | 0.92 | 2.48 |
| ROCE (%) | 11.0 | 7.0 | 8.0 |
Garment Mantra Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet Working Capital Requirement
- General corporate purposes
Garment Mantra Rights Offer Documents
- Garment Mantra Rights Issue Application Form
- Garment Mantra Letter of Offer
- Board Meeting Outcome
- Garment Mantra Draft Letter of Offer
- Rights Issue in 2024
Garment Mantra Rights Issue Dates
| Rights Issue Approval Date | 9 April 2025 |
| Rights Issue Record Date | 17 April 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Garment Mantra Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: 022-62638200/122-62638280
Email: rightsissue@bigshareonline.com
Website: www.bigshareonline.com
Garment Mantra Contact Details
GARMENT MANTRA LIFESTYLE LIMITED
No. 15, Murthy’s Plaza, Karia Gounder Street,
Khaderpet, Tirupur – 641 601, Tamil Nadu, India
Phone: +91-421-4336896
Email: accounts@junctionfabrics.in
Website: www.garmentmantra.com
Garment Mantra Rights Offer FAQs
What is the Garment Mantra Rights Issue Price?
The issue price is INR 1.20 per share.
What is the Garment Mantra Rights Issue entitlement ratio?
The eligible shareholders are offered 39 Equity Shares for every 20 Equity Shares held on the record date.
What is the Garment Mantra Rights Issue Record Date?
The Record date is 17 April 2025.
How to Apply in Garment Mantra Rights Offer?
The best way to apply in Garment Mantra Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.