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Flat ₹20/trade Intra-day/F&O
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Incorporated in 1980, Tilak Ventures Limited trades shares, commodities, loans, advances, and other investment products.
The company operates in two segments.
Currently the Company is majorly into financing, investment and trading into shares, commodities, and bullion. It operates in two business segments; Finance and Commodities Activities.
| Issue Open | October 3, 2024 - October 11, 2024 |
| Security Name | Tilak Ventures Ltd |
| Issue Size (Shares) | 222,848,403 |
| Issue Size (Amount) | ₹49.03 Crores |
| Issue Price | ₹2.2 per share |
| Face Value | ₹1 per share |
| Listing At | BSE |
| 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. |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Last Date to buy shares | September 12, 2024 |
| Record Date | September 13, 2024 |
| Credit of Rights Entitlements | September 19, 2024 |
| Bid/Offer Opens On | October 3, 2024 |
| Renunciation of Rights Entitlements | October 4, 2024 |
| Bid/Offer Closes On | October 11, 2024 |
| Deemed Date of Allotment | October 16, 2024 |
| Credit Date | October 17, 2024 |
| Listing Date | October 22, 2024 |
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 company proposes to utilize the Net Proceeds to:
Tilak Ventures Rights Issue 2024 got oversubscribed by 1.41 times by the end of the bidding period with total bid quantity received by BSE of 314,898,999 shares.
25 3.6 Rating:  Vote Here ... |
Tilak Ventures Ltd
E-109, Crystal Plaza, New Link Road
Opposite Infinity Mall,
Andheri (West), Mumbai – 400 053
Phone: 919152096141
Email: tilakfin@gmail.com
Website: https://tilakfinance.wordpress.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: rnt.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
The Tilak Ventures Rights Issue 2024 opens on October 3, 2024, and closes on October 11, 2024.
Tilak Ventures Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | September 19, 2024 |
| Last Date for renunciation of Rights Entitlements | October 4, 2024 |
| Issue Opening Date | October 3, 2024 |
| Issue Closing Date | October 11, 2024 |
| Date of Allotment (on or about) | October 16, 2024 |
| Date of Credit (on or about) | October 17, 2024 |
| Date of Listing (on or about) | October 22, 2024 |
Tilak Ventures Rights Issue 2024 price is set at ₹2.2 per share per equity share.
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (September 13, 2024).
The record date for the Tilak Ventures Rights Issue 2024 is September 13, 2024.
The issue size of Tilak Ventures Rights Issue 2024 is of 222,848,403 equity shares at ₹2.2 per share aggregating upto ₹49.03 Crores.
The Letter of Offer for Tilak Ventures Rights Issue 2024 can be download here.
You can apply for Tilak Ventures Rights Issue 2024 in two ways:
Steps to apply for Tilak Ventures 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 Tilak Ventures Rights Issue 2024 using Registrar's website (R-WAP)
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https://www.bseindia.com/corporates/download/3220/Rights/DLOF%20Tilak%20Ventures%20Limited_20240502170506.pdf