Tuni Textile Mills Rights Issue: RE at ₹0.09, Effective Cost ₹1.09
Tuni Textile Mills’ rights issue is now open for subscription. The Rights Entitlement (RE) is currently priced at ₹0.09. The issue price is Re 1 per share, so the total cost per share is ₹1.09 before trading charges. This is below the current market price of ₹2.20.
This only works if you can actually buy the RE at ₹0.09. Always check the latest prices for both the stock and the RE before making a transaction. On October 13, 2026, at 10:14 AM, subscription was at 0.20x.
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📋 Table of Contents
Tuni Textile Mills Rights Issue Key Details
| Parameter | Detail |
|---|---|
| Issue Size | 48,98,66,250 equity shares (up to ₹48.99 crore) |
| Issue Price | ₹1 per share (payable in full on application) |
| Rights Ratio | 15:4 (15 REs for every 4 shares held) |
| Record Date | 16 September 2026 |
| Ex-Date | 16 September 2026 |
| RE Credit Date | 25 September 2026 |
| Issue Opened | 28 September 2026 |
| RE Trading Ends | 19 October 2026 |
| Issue Closes | 26 October 2026 |
| Allotment & Listing | Not announced yet |
Tuni Textile Rights Issue Effective Price Calculation
| Item | Amount |
|---|---|
| RE Price | ₹0.09 |
| Rights Issue Price | ₹1.00 |
| Effective Cost per Share | ₹1.09 (before charges) |
| Current Market Price | ₹2.20 |
The difference between the ₹1.09 effective cost and the ₹2.20 market price may look attractive, but it does not guarantee a profit. Low trading activity, trading charges, and the market’s view of the company can reduce this price difference.
What the 15:4 Ratio Means for Investors
A 15:4 ratio means the company is offering 3.75 new shares for every 1 share currently held. The number of new shares will be much larger than the number of existing shares. This means shareholders who do not take part may own a much smaller percentage of the company.
Existing shareholders who do not use their REs to apply for shares or sell them on the exchange may see their percentage ownership fall sharply after the new shares are allotted.
How To Apply for Tuni Textile Mills Rights Issue
You will need your 16-digit Beneficiary Owner ID to apply. You can still apply if you bought REs but do not currently own the main stock. If your bank does not offer online ASBA, ask your bank branch or SCSB for paper ASBA forms.
Tuni Textile Rights Issue Subscription Status Today
The issue stood at 0.20x on October 13, 2026, at 10:14 AM. Many investors submit their ASBA applications close to the deadline, so early subscription numbers may not show the final demand. Follow the IPOwiz Telegram channel for live updates as the deadline approaches.
Corporate Background
The company’s board first approved a ₹49 crore rights issue on March 10, 2026. The Rights Issue Committee set the final price and entitlement terms on September 9, 2026, after BSE gave in-principle approval on July 14, 2026.
Key Risks Before You Buy RE
⚠️ REs Are Not Shares
Buying an RE does not guarantee that you will get shares. If you do not apply through ASBA or sell your RE before trading ends, it will expire and become worthless.
⚠️ Additional Shares Risk
You are not guaranteed extra shares beyond your basic entitlement. Any extra allotment depends on how many shares remain unsubscribed.
⚠️ Liquidity and Dilution
Low-priced or penny stocks may be hard to buy or sell and can change price quickly. Also, the large increase in shares (3.75 new shares for every 1 existing share) could put strong downward pressure on the share price after allotment.
Frequently Asked Questions (FAQs)
What is the Tuni Textile rights issue price?
₹1 per share, fully payable at the time of application.
What is the exact rights ratio?
15:4, meaning eligible investors receive 15 rights entitlements for every 4 shares held on the record date.
What is the effective price if buying via RE?
₹1.09 per share before trading and brokerage charges, if you can buy the RE at the quoted price of ₹0.09.
When does RE trading officially end?
RE trading ends strictly on October 19, 2026.
What is the absolute last date to apply?
The issue closes for all ASBA applications on October 26, 2026.
Is buying an RE on the exchange enough to get shares?
No. Buying an RE only gives you the right to apply. You must still submit an application and pay ₹1 per share through your bank’s ASBA system before the issue closes.
Disclaimer: Returns are not guaranteed. Rights Entitlements (REs) carry significant risk and will expire worthless if you do not act on them. This content is for education only and is not investment advice. Read the official Letter of Offer before making any transaction decisions.
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