Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Rights Issue Status: Open [3rd Oct 2024 to 11th Oct 2024]
Tilak Ventures Limited is offering a rights issue of Rs 49.03 Cr. The subscription period for this rights issue will be from 03 Oct 2024 to 11 Oct 2024. The company issues entitlement of 1 Rights equity shares for every fully paid-up 1 equity shares held on the record date of 13 Sep 2024. The face value of a share is Rs. 01 per share and the right issue price is fixed atRs. 2.2 per share.
Stay connected with us to more about Tilak Ventures Limited Right Issue issue size, right issue Details 2024 including entitlement, terms of payment, and more.
The company proposes to utilize the Net Proceeds to:
| Tilak Ventures Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 22.28 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹49.03 Cr |
| Face Value | ₹1 Per Equity Share |
| Rights Issue - Issue Price | ₹2.2 per share |
| Rights Issue Record Date | 13th Sep 2024 |
| Rights Issue Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The entire amount of the Issue Price of Rs 2.20/- per Rights Equity Share shall be payable at the time of Application. |
| Listing At | BSE |
| BSE Code | 503663 |
| NSE Code |
In this section we have covered all important dates related to Tilak Ventures Rights Issue. Dates are updated as they are announced. The most noted dates are Rights Issue start date and Rights Issue end date, which one should use to participate in Rights Issue.
| Rights Issue Activity | Date |
|---|---|
| Rights Issue Issue Open Date | 3rd Oct 2024 |
| Rights Issue Issue Close Date | 11th Oct 2024 |
| Basis of Allotment Finalisation Date* | 16th Oct 2024 |
| Refunds Initiation* | 4th Oct 2024 |
| Credit of Shares to Demat Account* | 17th Oct 2024 |
| Rights Issue Listing Date* | 22nd Oct 2024 |
* - Tentative Dates
Zerodha Trade@20
Tilak Ventures Limited was founded in 1980. The company deals with manufacturers, traders, agents, suppliers, importers, exporters and other dealings in all types of fabrics, yarns, cloths like suits, shirts, garment material and industrial fabrics etc. Textures, twisted, sized, blended, spun, viscose filament yarns and all other types of synthetic and cotton yarns.
Investment company and investment in and dealing in corporate funds and the acquisition, sale, transfer, subscription, holding, disposal and other dealing in stocks, shares, debentures, land, buildings, real estate, bonds and securities issued or guaranteed by a company incorporated or operating as a finance company and the making of advances to persons, firms or corporations.
Past performance and financial results of Tilak Ventures .
Tilak Ventures Ltd's revenue increased by 78% and profit after tax (PAT) rose by 126% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 80.49 | 76.73 | 51.33 | |||||||||||||||||||||||||||
| Revenue | 16.91 | 9.51 | 4.45 | |||||||||||||||||||||||||||
| Profit After Tax | 5.15 | 2.27 | -0.39 | |||||||||||||||||||||||||||
| Net Worth | 75.67 | 73.37 | 48.95 | |||||||||||||||||||||||||||
| Reserves and Surplus | 55.61 | 51.09 | 31.28 | |||||||||||||||||||||||||||
| Total Borrowing | 2.38 | 2.38 | 2.38 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Tilak Ventures Rights Issue Offer Document (Letter of Offer) >>Document
Tilak Ventures Rights Issue Offer Document (Letter of Offer) >>Tilak Ventures Rights Issue Red Herring Prospectus is not yet available.
Tilak Ventures Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Tilak Ventures Rights Issue Online Application (Registrar & Transfer Agent) >>Tilak Ventures Rights Issue RTA information is not yet available.
Last Updated on 2024-10-05T05:32:46+00:00
