FREE Account Opening + No Clearing Fees
Loading...

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

45
4.3
Rating:Rated 4.3 stars
Vote Here ...

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

1. mehtaraj   I Like It. |Report Abuse|  Link|July 26, 2024 10:10:10 AMReply
July 27, 2024
Tata Consumer Products Rights Issue 2024 Issue Timetable
Last Date to buy shares      July 26, 2024
Record Date      July 27, 2024

Compare rights issues with Tata Consumer Products Rights Issue 2024