Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Established in 1944, TIL Limited designs, manufactures and distributes a comprehensive range of material handling and port equipments.
The company has two factories in Eastern India, a mobile crane manufacturing facility in Kamarhatty, Kolkata and an ERP enabled factory in Kharagpur. Both factories are certified according to the international standards for quality management systems ISO 9001:2015 and DIN EN ISO 3834-2.
The company's product list includes Rough Terrain Cranes, Truck Cranes, Pick and Carry Cranes, Manitowoc Crawler Cranes, Grove Cranes, Reach Stackers, and Forklift Trucks.
TIL is headquartered in Kolkata, with regional offices in major cities across India.
| Issue Open | April 26, 2024 - May 10, 2024 |
| Security Name | Til Ltd. |
| Issue Size (Shares) | 49,075,199 |
| Issue Size (Amount) | ₹49.08 Crores |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The full amount of the Issue Price being ₹ 10 will be payable on application. |
| Entitlement | 28 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
| Last Date to buy shares | March 21, 2024 |
| Record Date | March 22, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | April 26, 2024 |
| Renunciation of Rights Entitlements | May 6, 2024 |
| Bid/Offer Closes On | May 10, 2024 |
| Deemed Date of Allotment | May 20, 2024 |
| Credit Date | May 22, 2024 |
| Listing Date | May 24, 2024 |
Til Ltd.'s revenue decreased by -58.66% and profit after tax (PAT) rose by 35.42% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 341.81 | 354.12 | 381.23 | 497.32 |
| Revenue | 214.86 | 50.53 | 122.24 | 322.75 |
| Profit After Tax | 93.24 | -95.54 | -147.93 | -150.64 |
| Amount in ₹ Crore | ||||
The company intends to utilize the gross proceeds raised through the Issue for the following objects:
TIL Rights Issue 2024 got oversubscribed by 2.15 times by the end of the bidding period with total bid quantity received by BSE and NSE of 105,618,369 shares.
6 4.2 Rating:  Vote Here ... |
Til Ltd.
1 Taratolla Road,
Garden Reach,
Kolkata - 700024
Phone: +91 33 6633 2000
Email: secretarial.department@tilindia.com
Website: https://www.tilindia.in/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: til.rights@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
The TIL Rights Issue 2024 opens on April 26, 2024, and closes on May 10, 2024.
TIL Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | May 6, 2024 |
| Issue Opening Date | April 26, 2024 |
| Issue Closing Date | May 10, 2024 |
| Date of Allotment (on or about) | May 20, 2024 |
| Date of Credit (on or about) | May 22, 2024 |
| Date of Listing (on or about) | May 24, 2024 |
TIL Rights Issue 2024 price is set at ₹10 per share per equity share.
The eligible shareholders are being offered 28 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date (March 22, 2024).
The record date for the TIL Rights Issue 2024 is March 22, 2024.
The issue size of TIL Rights Issue 2024 is of 49,075,199 equity shares at ₹10 per share aggregating upto ₹49.08 Crores.
The Letter of Offer for TIL Rights Issue 2024 can be download here.
You can apply for TIL Rights Issue 2024 in two ways:
Steps to apply for TIL Rights Issue 2024 using Net Banking (ASBA)
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 TIL Rights Issue 2024 using Registrar's website (R-WAP)
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
