Small-cap inventory: Man Industries India Ltd’s shares shall be in focus of inventory market buyers on Tuesday, 3 June 2025, after the Board of Administrators on Monday accepted a rights problem of preferential shares and warrants, based on an trade submitting.
The BSE submitting knowledge exhibits that the corporate goals to boost ₹300 crore from the rights problem of the preferential shares and the warrants. The corporate shall be issuing 12,19,512 or over 12.19 lakh share warrants to Man Finance Pvt. Ltd. on the worth of ₹328, amounting to ₹39.99 crore.
The warrants shall be convertible to fairness shares in a number of tranches inside 18 months from the date of allotment.
Man Industries India may even problem 79,26,822 or over 79.26 lakh absolutely paid-up fairness shares with a face worth of ₹5 apiece, amounting to ₹259.99 crore from 26 non-promoter entities, based on the BSE submitting.
The corporate goals to make use of the ₹300 crore raised from the rights problem to fund its ongoing capital expenditure wants for the initiatives in Jammu and Saudi Arabia. In addition they search to help the working capital wants and gas their long-term progress and strategic initiatives.
Man Industries Share Value
Man Industries shares closed 7.36 per cent greater at ₹403.15 after Monday’s inventory market session, in comparison with ₹375.50 within the earlier market shut. The corporate introduced the rights problem approval improvement after market working hours on 2 June 2025.
Man Industries’ shares have given inventory market buyers greater than 795 per cent returns on their investments within the final 5 years, and seven.81 per cent beneficial properties within the final one-year interval.
On a year-to-date (YTD) foundation, the shares have gained 23.39 per cent on the Indian inventory market in 2025, and have jumped 50.24 per cent within the final one-month interval.
The inventory hit its 52-week excessive degree at ₹513 on 8 July 2025, whereas the 52-week low degree was at ₹201.45 on 3 March 2025, based on knowledge collected from the BSE web site. The metal pipe maker’s market capitalisation (M-Cap) was at ₹2,609.80 crore as of the inventory market shut on 2 June 2025.
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