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Tata Consumer Products Limited Rights Issue (Tata Consumer Products Rights Issue 2024) Detail

August 5, 2024 - August 19, 2024
Tata Consumer Products Limited Logo

Tata Consumer Products Limited, a TATA Group company, is one of India's leading FMCG companies.

The product portfolio of Tata Consumer Products includes tea, coffee, water, ready-to-drink products, salt, pulses, spices, ready-to-cook and ready-to-eat products, breakfast cereals, snacks and mini meals. The company's key beverage brands include Tata Tea, Tetley, Organic India, Eight O'Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Copper+ and Tata Gluco+. And the food portfolio includes brands such as Tata Salt, Tata Sampann, Tata Soulfull, Ching's Secret and Smith & Jones.

The company has over 1.6 million retail outlets and customers in more than 263 million households in India. The company employs more than 4500 people worldwide.

The company recorded consolidated revenues of Rs 15,206 crore and a market capitalization of over Rs 1 lakh crore in FY 2023-24.

Tata Consumer Products Rights Issue 2024 Detail

Issue Open August 5, 2024 - August 19, 2024
Security Name Tata Consumer Products Limited
Issue Size (Shares) 36,647,492
Issue Size (Amount) ₹2,997.76 Crores
Issue Price ₹818 per share
Face Value ₹1 per share
Listing At BSE, NSE
Terms of Payment

The entire amount of the Issue Price of ₹818/- per Rights Equity Share shall be payable at the time of Application.

Entitlement 1 Rights Equity Share(s) for every 26 fully paid-up Equity Shares held on Record Date

Tata Consumer Products Rights Issue 2024 Issue Timetable

Last Date to buy sharesJuly 26, 2024
Record Date July 27, 2024
Credit of Rights Entitlements August 2, 2024
Bid/Offer Opens On August 5, 2024
Renunciation of Rights Entitlements August 12, 2024
Bid/Offer Closes On August 19, 2024
Deemed Date of Allotment August 26, 2024
Credit Date August 28, 2024
Listing Date August 30, 2024

Company Financials

Tata Consumer Products Limited Financial Information (Restated Consolidated)

Tata Consumer Products Limited's revenue increased by 10.75% and profit after tax (PAT) dropped by -3.38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets280.21228.11
Revenue154.51139.52
Profit After Tax13.0113.47
Amount in ₹ Crore

Objects of the Issue:

The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Repayment in full or buyback of the commercial papers issued/refinanced by the company for financing the acquisitions of the Acquired Companies; and
  2. General corporate purposes.

Tata Consumer Products Rights Issue 2024 Subscription Status

Tata Consumer Products Rights Issue 2024 got oversubscribed by 1.59 times by the end of the bidding period with total bid quantity received by BSE and NSE of 58,235,248 shares.

Tata Consumer Products Rights Issue 2024 Documents

Tata Consumer Products Rights Issue 2024 Rating

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Tata Consumer Products Rights Issue 2024 Reviews

Company Contact Information

Tata Consumer Products Limited
1, Bishop Lefroy Road,
Kolkata – 700 020


Phone: +91-22-6121-8400
Email: investor.relations@tataconsumer.com
Website: http://www.tataconsumer.com/

Tata Consumer Products Rights Issue 2024 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: tcpl.rights2024@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Tata Consumer Products Rights Issue 2024 FAQs

The Tata Consumer Products Rights Issue 2024 opens on August 5, 2024, and closes on August 19, 2024.

Tata Consumer Products Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsAugust 2, 2024
Last Date for renunciation of Rights EntitlementsAugust 12, 2024
Issue Opening DateAugust 5, 2024
Issue Closing DateAugust 19, 2024
Date of Allotment (on or about)August 26, 2024
Date of Credit (on or about)August 28, 2024
Date of Listing (on or about)August 30, 2024

Tata Consumer Products Rights Issue 2024 price is set at ₹818 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 26 fully paid-up Equity Shares held on Record Date (July 27, 2024).

The record date for the Tata Consumer Products Rights Issue 2024 is July 27, 2024.

The issue size of Tata Consumer Products Rights Issue 2024 is of 36,647,492 equity shares at ₹818 per share aggregating upto ₹2,997.76 Crores.

The Letter of Offer for Tata Consumer Products Rights Issue 2024 can be download here.

You can apply for Tata Consumer Products Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Tata Consumer Products Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Tata Consumer Products Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Tata Consumer Products Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Tata Consumer Products Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Tata Consumer Products Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

41 Comments

41. manish shah   I Like It. |Report Abuse|  Link|August 29, 2024 1:03:32 PMReply
wI still cannot see rights share in my account. By what time shares would be credited?
40. AA   I Like It. |Report Abuse|  Link|August 26, 2024 11:24:00 PMReply
I was entitled to 26 shares and applied through the ICICIDirect portal.
Today, I got a message that zero shares were allotted. Is it possible that one does not receive any share in a rights issue?
39. Scrip   I Like It. |Report Abuse|  Link|August 26, 2024 10:16:34 PMReply
For checking allotment status👇

https://liiplweb.linkintime.co.in/rightsoffers/rightsissues-chkApp.html
38. Adesh jain   I Like It. |Report Abuse|  Link|August 26, 2024 9:26:54 PMReply
Had 1000 shares. Entitlement was for 38 shares. Applied 76, allotted 49
37. Prez   I Like It. |Report Abuse|  Link|August 26, 2024 10:32:54 AMReply
Entitled : 3, Applied : 5, Alloted : 5, I would have applied more
37.4. Manish   I Like It. |Report Abuse|  Link|August 26, 2024 3:11:25 PM
I think those who applied extra would have got 2 to 3 shares more
37.5. Ajay   I Like It. |Report Abuse|  Link|August 26, 2024 4:07:26 PM
I was entitled for 4 Shares, I've applied for 100 shares but I have received only 4 shares.
36. Akil   I Like It. |Report Abuse|  Link|August 26, 2024 1:48:15 PMReply
Entitled: 0, Applied: 10, Allotted: 1.
35. Ashish Macwan   I Like It. |Report Abuse|  Link|August 26, 2024 12:26:25 PMReply
Applied 10..Got 5..My entitlement was 3 shares.. Happy with what I got
34. Utsav   I Like It. |Report Abuse|  Link|August 26, 2024 11:51:22 AMReply
Entitled for 6 Shares..applied for 20 and received 9 shares..base on amount debited in account.
33. Ahuja Jagdish   I Like It. |Report Abuse|  Link|August 20, 2024 9:54:56 AMReply
Any guess about the allotment ratio?
33.1. Dilip Ghosh   I Like It. |Report Abuse|  Link|August 24, 2024 7:04:12 PM
26:1
33.2. Adesh jain   I Like It. |Report Abuse|  Link|August 26, 2024 10:37:00 AM
Probably query is about the addl allotment besides the entitlement
32. ganesh jaiswal   I Like It. |Report Abuse|  Link|August 26, 2024 10:05:29 AMReply
RE shares allotted 3

Applied for 14 Right shares

Now allotted 5, rest money returned to bank account.
31. Rakesh   I Like It. |Report Abuse|  Link|August 23, 2024 11:00:17 PMReply
Any update information available about tata. Onsumer rights issue subscription?
30. Hussain   I Like It. |Report Abuse|  Link|August 21, 2024 2:04:50 PMReply
I had alloted 5 shares of tata consumer rights issue as I am have 150 shares of tata consumer.now when trading started I bought 100 additional shares of rights issue on 6 august 2024, but did not sell the 100 shares .now the last date of 12 august 2024 has passed so how can I sell rights issue shares now.
30.1. Rajeev Garg   I Like It. |Report Abuse|  Link|August 21, 2024 10:04:13 PM
🤦Kaise kaisi ko diya hai, aise waiso ko diya hai. Apni bhi to lift Kara de thodi si to lift Kara de .....
29. Sandy Investor   I Like It. |Report Abuse|  Link|August 19, 2024 4:58:58 PMReply
What will happen if by mistake two applications for same D mat account was filled , one on 8th August and second on 19th August. Since now the issue is closed, unable to cancel the one application.
28. Sanjeev   I Like It. |Report Abuse|  Link|August 19, 2024 2:46:56 PMReply
I have 100 shares of TCPL in my ICICI Demat account but can't see the rights entitlement. Where should I be looking?
27. Ashish Macwan   I Like It. |Report Abuse|  Link|August 8, 2024 8:34:19 AMReply
I have 91 shares of tata consumer. I have received 3 shares of rights issues in my demat.. Can I apply for only 3 shares or can I apply for more shares ? Plz guide me
27.1. Adesh jain   I Like It. 1|Report Abuse|  Link|August 8, 2024 9:30:10 AM
One can always apply more and if rights issue is not fully subscribed, addl shares can be allotted
27.2. Manish   I Like It. |Report Abuse|  Link|August 19, 2024 9:27:53 AM
U can apply more, in case of surplus u will get pro rata allotement
26. H Mishra   I Like It. |Report Abuse|  Link|August 5, 2024 3:03:42 PMReply
I have 23 shares in my demat account. no Rights entitlement is visible.
How to apply
26.1. Kiaan   I Like It. |Report Abuse|  Link|August 8, 2024 1:47:19 PM
Apply for 1
26.2. Manish   I Like It. |Report Abuse|  Link|August 19, 2024 9:23:14 AM
It's 1 for 26, however fractional shareholders can apply for rights, today is last day, u may apply
25. Krutika   I Like It. |Report Abuse|  Link|August 17, 2024 1:00:26 PMReply
I have Tata consumer shares in 2 demat accounts and received RE in both demat account. So i would have to apply separate for each demat account or combine both and apply for rights?

Bank of Baroda doesnt allow mutiple applications under same PAN.
24. Vikas S   I Like It. |Report Abuse|  Link|August 14, 2024 8:57:43 PMReply
Unable to find the link to apply online for the entitled rights shares;no link on the Registrar's,Linktime, website either.Kindly advise.Thanks in advance.
24.1. H S Patel   I Like It. |Report Abuse|  Link|August 16, 2024 7:58:50 PM
You have to go to Netbanking app for the right issue. In HDFC Netbank, you will find 'Request' tab. Just select the option 'IPO and Right' issue after that fill the information like DP ID and Depository. And you are done.
24.2. Vikas S   I Like It. |Report Abuse|  Link|August 17, 2024 10:00:30 AM
Thanks a ton, that was of great help & guidance.
23. Madhav   I Like It. |Report Abuse|  Link|August 14, 2024 9:13:13 AMReply
I have 2 rights entitlement appearing in my demat. Do I still need to apply for rights? Also let me know how to pay the amount of Rs.818/- for each share?
22. Swapna   I Like It. |Report Abuse|  Link|August 12, 2024 10:23:19 PMReply
I hold two demat accounts with entitlement i applied for one and the second one when i apply through BOB it gives error saying you have already applied or IPO host error. What is to be done

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