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Rights Issue Stock Quote & Charts

  • EOD · Nov 04, 2026
    ₹16.14 ▲ 0.76 (4.94%)
  • Day Low
    ₹16.14
  • Day High
    ₹16.14
  • 52 Week Low
    ₹6.24 Sep 23, 2025
  • 52 Week High
    ₹223.40 May 14, 2026
  • Magnus Steel & Infra Ltd.
    ▼ 36.14 (-70.15%)
  • Open
    ₹16.14
  • Prev. Close
    ₹15.38
  • Traded Shares
    799
  • No. of Trades
    10

Record Date

Tue, Oct 27, 2026

Entitlement Ratio

:

Entitlement Ratio

Thu, Nov 12, 2026

Close Date

Tue, Dec 1, 2026

Rights Issue Details

  • Issue Size (Shares)
    3,98,87,540
  • Issue Price
    ₹10 per share
  • Terms of Payment
    ₹10 per share payable in full at the time of application.
  • Issue Size (Amount)
    ₹39.89 Crores
  • Face Value
    ₹10 per share
  • Listing At
    BSE

Rights Issue Timetable

  • Last Date to buy shares
    Mon, Oct 26, 2026
  • Credit of Rights Entitlements
  • Renunciation of Rights Entitlements
    Wed, Nov 25, 2026
  • Deemed Date of Allotment
  • Listing Date
  • Record Date
    Tue, Oct 27, 2026
  • Bid/Offer Opens On
    Thu, Nov 12, 2026
  • Bid/Offer Closes On
    Tue, Dec 1, 2026
  • Credit Date

Company Financials (Restated)

Amount in ₹ Crore

Period Ended 31 Mar 2025 31 Mar 2024
Assets 1.45 0.43
Total Income 3.19 0.67
Profit After Tax 0.06 -0.38
Total Borrowing 1.76 1.60

About Magnus Steel & Infra Ltd.

Incorporated in February 1978, Magnus Steel & Infra Limited is stated business activities include the trading, import and export of iron and steel products, ferroalloys and other related industrial materials. Its business objectives also cover dealing in ferrous and non-ferrous metals, including bars, rods, sheets, plates, strips and other steel products. The Company’s scope of activities includes operating as a dealer, stockist, wholesaler, retailer, agent, broker, importer and exporter of these products.

According to its FY2024–25 annual report, the Company resumed trading in iron and steel products, including engineering products, during the financial year. Revenue from operations increased from ₹66.54 lakh in FY2024 to ₹318.81 lakh in FY2025. The Company reported a profit after tax of ₹5.67 lakh in FY2025, compared with a loss of ₹37.81 lakh in FY2024.

The Company’s registered office is located in Shirasgaon, Niphad, Nashik, Maharashtra. While its current corporate name reflects a focus on the steel and infrastructure sector, its latest available FY2024–25 financial disclosures describe trading in iron and steel products as its resumed business activity.

IPO Timetable (Tentative)

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Augmenting Working Capital Requirements
    36.53
  • 2 General Corporate Purpose
    12.22
  • Total
    48.75

Company Contact Information

Magnus Steel & Infra Ltd.
Unit no 365
Shirshagaon
Niphad
Nashik, 422001

Rights Issue Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • rightsissue@bigshareonline.com
  • Visit Website

Rights Issue FAQs

The Magnus Steel & Infra Rights Issue October 2026 opens on Thu, Nov 12, 2026, and closes on Tue, Dec 1, 2026.

Magnus Steel & Infra Rights Issue October 2026 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements Wed, Nov 25, 2026
Issue Opening Date Thu, Nov 12, 2026
Issue Closing Date Tue, Dec 1, 2026
Date of Allotment (on or about)
Date of Credit (on or about)
Date of Listing (on or about)

Magnus Steel & Infra Rights Issue October 2026 price is set at ₹10 per share.

The Magnus Steel & Infra Rights Issue October 2026 ratio is not yet declared.

The record date for the Magnus Steel & Infra Rights Issue October 2026 is Tue, Oct 27, 2026.

The issue size of Magnus Steel & Infra Rights Issue October 2026 is of 3,98,87,540 equity shares at ₹10 per share aggregating up to ₹39.89 Crores.

The Letter of Offer for Magnus Steel & Infra Rights Issue October 2026 can be downloaded here.

You can apply for Magnus Steel & Infra Rights Issue October 2026 in two ways:

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