Garment Mantra Lifestyle Raises ₹14.62 Crore in Second and Final Call on Partly Paid-up Shares

1 min read     Updated on 02 Dec 2025, 02:16 PM
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Reviewed by
Riya DScanX News Team
Overview

Garment Mantra Lifestyle Limited (GMLL) has completed its second and final call on partly paid-up equity shares, raising ₹14.62 crore. The call involved 24,36,91,975 shares at ₹0.60 per share, increasing the paid-up value from ₹0.50 to ₹1.00 per equity share. The funds will be credited under ISIN: INE653S01028 after necessary approvals. This call follows previous equity issuances, including an initial issue of 39,14,97,795 partly paid-up shares and a first call on 37,34,26,591 shares.

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*this image is generated using AI for illustrative purposes only.

Garment Mantra Lifestyle Limited (GMLL) has successfully concluded its second and final call on partly paid-up equity shares, raising ₹14.62 crore. The company completed this corporate action between November 13 and November 27, 2025.

Key Details of the Second and Final Call

Aspect Details
Number of Shares 24,36,91,975
Call Amount per Share ₹0.60
Total Funds Raised ₹14.62 crore
New Paid-up Value per Share ₹1.00
Previous Paid-up Value per Share ₹0.50

Impact on Share Structure

The successful completion of this call has doubled the paid-up value of the affected shares from ₹0.50 to ₹1.00 per equity share. This increase reflects the additional capital infusion into the company through this corporate action.

Next Steps

GMLL has stated that the funds collected will be credited under the ISIN: INE653S01028, following receipt of necessary approvals. This process ensures proper accounting and regulatory compliance for the newly fully paid-up shares.

Context of the Share Issue

This second and final call is part of a larger equity issuance by Garment Mantra Lifestyle Limited. Previously, the company had:

  1. Issued 39,14,97,795 partly paid-up equity shares initially.
  2. Conducted a first call on 37,34,26,591 partly paid-up equity shares.

Both the initial application and the first call collected ₹0.60 per share, comprising ₹0.50 towards paid-up value and ₹0.10 towards premium.

This corporate action demonstrates GMLL's ongoing efforts to strengthen its capital base. Investors and market watchers may want to monitor how the company utilizes these additional funds in the future.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
-1.96%-5.06%+2.04%-18.48%-19.79%-38.27%
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Garment Mantra Lifestyle's Subsidiary Secures Rs. 93.22 Million Export Order, Bolstering Winter Season Outlook

1 min read     Updated on 02 Dec 2025, 11:01 AM
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Reviewed by
Ashish TScanX News Team
Overview

Garment Mantra Lifestyle Limited's subsidiary has received a Rs. 93.22 million (approx. $1.12 million) order from AL Rahmat Textiles L.L.C. for dress materials. The company reports $550 million in export shipments for the current financial year and has an unexecuted order book of $350 million, set to be completed by March 31, 2026. Managing Director Prem Aggarwal expressed pride in the order, viewing it as a strong start to the winter season.

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*this image is generated using AI for illustrative purposes only.

Garment Mantra Lifestyle Limited (GMLL) has announced a significant development in its export business, marking a strong start to the winter season. The company's wholly owned subsidiary has secured a substantial order worth Rs. 93.22 million (approximately $1.12 million) from AL Rahmat Textiles L.L.C. for dress materials.

Order Details and Financial Impact

The new order, valued at Rs. 93.22 million, showcases the company's strong position in the international textile market. This development is particularly noteworthy as it comes at the beginning of the winter season, traditionally a crucial period for the garment industry.

Export Performance and Order Book

GMLL has reported impressive export figures for the current financial year:

Metric Value
Export Shipments (FY to date) $550.00 million
Unexecuted Order Book $350.00 million
Order Book Completion Timeline March 31, 2026

The robust export shipments of $550.00 million since the beginning of the financial year underscore the company's strong market presence and sustained demand for its products. Additionally, the healthy unexecuted order book of $350.00 million provides clear revenue visibility for the remainder of the financial year and beyond.

Management Commentary

Commenting on this development, Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, stated:

"We are proud to announce the receipt of this order. This order marks a great start to the winter season. We remain focused on execution excellence and leveraging this momentum for sustained and inclusive growth along with timely delivery of products with expected quality."

Outlook and Implications

The combination of executed sales and a strong forward order book strengthens GMLL's business outlook and growth momentum. The company's ability to secure significant international orders, particularly from entities like AL Rahmat Textiles L.L.C., demonstrates its competitive edge in the global textile market.

As the company progresses towards fulfilling its order book by March 31, 2026, investors and market watchers will likely keep a close eye on GMLL's execution capabilities and potential for further order acquisitions.

Conclusion

This latest order for Garment Mantra Lifestyle Limited's subsidiary not only boosts its financial prospects but also reinforces its position in the international textile market. As the company continues to expand its global footprint, it will be crucial to monitor its ability to maintain growth momentum and capitalize on seasonal opportunities in the highly competitive garment industry.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
-1.96%-5.06%+2.04%-18.48%-19.79%-38.27%
Garment Mantra Lifestyle
View in Depthredirect
like18
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