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
|
|
Tilak Ventures Ltd is a finance company to advance money to individuals, firms, or corporate body, and to receive money on deposits, or loans to carry business as financiers. Thus, the company is mainly into the business of financing, investment, and trading into shares, commodities, and bullion. 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 | February 28, 2022 - March 15, 2022 |
| Security Name | Tilak Ventures Limited |
| Issue Size (Shares) | 96,360,000 |
| Issue Size (Amount) | ₹48.18 Crores |
| Issue Price | ₹5 per share |
| Face Value | ₹1 per share |
| Listing At | BSE |
| Terms of Payment | 50% of the Issue Price i.e. Rs. 2.50/- per Rights Equity Share shall be payable at the time of application and the balance of 50% of the Issue Price i.e. Rs. 2.50/- per Rights Equity Share shall be payable in one or more subsequent calls as determined by the Board from time to time. |
| Entitlement | 3 right shares for every 4 fully equity shares held on the record date |
| Record Date | February 18, 2022 |
| Credit of Rights Entitlements | February 25, 2022 |
| Bid/Offer Opens On | February 28, 2022 |
| Renunciation of Rights Entitlements | March 8, 2022 |
| Bid/Offer Closes On | March 15, 2022 |
| Deemed Date of Allotment | March 28, 2022 |
| Credit Date | March 29, 2022 |
| Listing Date | April 5, 2022 |
| Particulars | For the year/period ended (Rs.in Millions) | ||
|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | ||
| Total Assets | 286.33 | 278.87 | |
| Total Income | 2.73 | 51.13 | |
| Profit After Tax | 2.15 | 13.65 | |
The right issue proceeds will be utilized towards the following objectives;
9 4.1 Rating:  Vote Here ... |
Tilak Ventures Limited
E-109, Crystal Plaza, New Link Road,
Opposite Infinity Mall, Andheri (West),
Mumbai – 400053
Phone: +91-915209641/42
Email: tilakfin@gmail.com
Website: https://tilakfinance.wordpress.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tilakventures.rights@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
The Tilak Ventures Rights Issue opens on February 28, 2022, and closes on March 15, 2022.
Tilak Ventures Rights Issue Schedule
| Last Date for credit of Rights Entitlements | February 25, 2022 |
| Last Date for renunciation of Rights Entitlements | March 8, 2022 |
| Issue Opening Date | February 28, 2022 |
| Issue Closing Date | March 15, 2022 |
| Date of Allotment (on or about) | March 28, 2022 |
| Date of Credit (on or about) | March 29, 2022 |
| Date of Listing (on or about) | April 5, 2022 |
Tilak Ventures Rights Issue price is set at ₹5 per share per equity share.
The eligible shareholders are being offered 3 right shares for every 4 fully equity shares held on the record date (February 18, 2022).
The record date for the Tilak Ventures Rights Issue is February 18, 2022.
The issue size of Tilak Ventures Rights Issue is of 96,360,000 equity shares at ₹5 per share aggregating upto ₹48.18 Crores.
The Letter of Offer for Tilak Ventures Rights Issue can be download here.
You can apply for Tilak Ventures Rights Issue in two ways:
Steps to apply for Tilak Ventures Rights Issue 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 using Registrar's website (R-WAP)
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
