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TCM Limited Right Issue 2022 Entitlement, Price, Record Date

Right Issue Status: Closed [12th May 2022 to 26th May 2022]

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TCM Limited Right Issue Detail

TCM Limited Rights Issue Rs. 10.20 Cr opens for subscription from 12 May to 26 May 2022. The company issues 6 right equity share for every 5 fully paid-up equity shares held on the record date, 27 April 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 25 per share. The full amount of Rs. 25 per rights equity share is payable on the application. Stay updated with us to know more about the TCM Limited Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.

TCM Limited Right Issue Objective

The objectives of the right issues are as follows;

  • Repayment of Unsecured Loans availed from the Promoters.
  • Working Capital requirements.
  • General Corporate Purposes.

TCM Limited Right Issue Details

TCM Limited Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 40,78,842 Eq Shares
Right Issue Issue Size (Amount) ₹10.20 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹25 per share
Right Issue Record Date 27th Apr 2022
Right Issue Entitlement 6 Rights Equity Shares for every 5 fully paid-up
Equity Shares held on the Record Date
Right Issue Terms of payment The full amount of Rs. 25 per rights equity share
is payable on application.
Listing At BSE
BSE Code 524156
NSE Code

TCM Limited Right Issue Dates

In this section we have covered all important dates related to TCM Limited Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

TCM Limited Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 12th May 2022
Right Issue Issue Close Date 26th May 2022
Basis of Allotment Finalisation Date* 6th Jun 2022
Refunds Initiation* 6th Jun 2022
Credit of Shares to Demat Account* 7th Jun 2022
Right Issue Listing Date* 8th Jun 2022

* - Tentative Dates

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About Company - TCM Limited

TCM Limited is engaged in diversified business operations into Renewable Energy, Auto Care Products, Healthcare Services, and Aquaculture. It offers high quality power plants with state of the art technologies to fit customers requirements. It further offers healthcare devices and medical equipments.

Ispark Learning Solutions Pvt Ltd and TCM Healthcare Private Limited are the subsidiary companies. 

Business operation Areas

  • Solar Power Plants commissioning.
  • EV Charging stations.
  • Sale of Auto care products.
  • Sale of healthcare devices

TCM Limited Right Issue Strengths

  • Long standing presence since 1943.
  • TCM Solar provides high power solar plants and the best solar energy solutions.
  • Diversified business operation into automotive, renewable energy, healthcare and medical devices.

TCM Limited Financials

Past performance and financial results of TCM Limited.

TCM Limited Financials (₹ in Lakhs) 31-Mar-2021 31-Mar-2020
Total Assets ₹6,850.50 ₹6,543.58
Total Income ₹548.45 ₹206.88
Net Profit/Loss ₹98.24 ₹38.87

Company Address

TCM Limited
House No. 28/2917, 'Aiswarya', Ponneth Temple Road, Shanthi Nagar,
Kadavanthra, Cochin ,Kerala-682 020
India
Website: http://www.tcmlimited.in/index.php
Phone: +91 484 2316771
Email: [email protected]

Registrar

Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Website: https://online.cameoindia.com/
Phone: +91-44-28460390
Email: [email protected]

Lead Manager

TCM Limited Right Issue Offer Document (Letter of Offer) >>Document

TCM Limited Right Issue Online Application (Registrar & Transfer Agent) >>TCM Limited Right Issue RTA information is not yet available.

TCM Limited Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for TCM Limited? Should I apply in TCM Limited Right Issue?

Last Updated on 2022-05-11T11:42:13+00:00


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