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Tilak Ventures Rights Issue Details

Right Issue Status: Closed [28th Feb 2022 to 15th Mar 2022]

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Tilak Ventures Right Issue Detail

Tilak Ventures right issue of Rs. 48.18 Cr opens for subscription from 28 Feb to 15 Mar 2022. The company issues 3 right equity shares for every 4 fully paid-up equity shares held on the record date, 18 Feb 2022. The face value of share is Rs. 1 per share and the right issue price is fixed at Rs. 5 per share, 82 times the face value. Stay updated with us to know more about the Tilak Ventures Rights Issue including issue size, right issue entitlement, terms of payment, and more.

Tilak Ventures Right Issue Objective

The net proceeds from the right issue will be utilized towards the following;

  1. Meet working capital requirements.
  2. General corporate purposes.
  3. Issue expenditures.

Tilak Ventures Right Issue Details

Tilak Ventures Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 9.64 Cr Eq Shares
Right Issue Issue Size (Amount) ₹48.18 Cr
Face Value ₹1 Per Equity Share
Right Issue - Issue Price ₹5 per share
Right Issue Record Date 18th Feb 2022
Right Issue Entitlement 3 right shares for every 4 fully equity shares
held on the record date, 18 Feb
Right Issue 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%, Rs. 2.50 per right Share
shall be payable in one or mo
Listing At BSE
BSE Code 503663
NSE Code

Tilak Ventures Right Issue Dates

In this section we have covered all important dates related to Tilak Ventures 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.

Tilak Ventures Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 28th Feb 2022
Right Issue Issue Close Date 15th Mar 2022
Basis of Allotment Finalisation Date* 25th Mar 2022
Refunds Initiation* 28th Mar 2022
Credit of Shares to Demat Account* 29th Mar 2022
Right Issue Listing Date* 5th Apr 2022

* - Tentative Dates

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About Company - Tilak Ventures

Tilak ventures Ltd was earlier a travel portal business but later in 2011-12, it has sold its travel business and related IP rights. Currently, the firm is engaged in the business of financing, investment, and trading into shares and commodities. Now, it has two key business segments; Finance and Commodities Activities.

Business Details

  • Business of manufacturers, agents, suppliers, traders, importers, and exporters of all kinds of products i.e. yarns, fabrics, cloths i.e. suiting, dress material, etc.
  • Investment business operations and dealing in shares, bonds, stocks, land, properties, building, etc.

Tilak Ventures Right Issue Strengths

  • Dealing in all kinds of fabrics, yarns, and clothing products.
  • Investment business and dealing in company's shares, stocks, bonds, etc.
  • Long-term business presence across diversified segments.

Tilak Ventures Financials

Past performance and financial results of Tilak Ventures.

Tilak ventures Financials (₹ in Cr) 30-Sep-2021 31-Mar-2021
Total Assets ₹28.63 ₹27.89
Total Income ₹0.27 ₹5.11
Net Profit/Loss ₹0.22 ₹1.37

Company Address

Tilak Ventures Limited
E-109, Crystal Plaza, New Link Road, Opposite Infinity Mall,
Andheri (West), Mumbai,Maharashtra-400053
Phone: +91-915209641/42
Email: [email protected]


Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: [email protected]

Lead Manager

  1. CapitalSquare Advisors Pvt. Ltd.

Tilak Ventures Right Issue Offer Document (Letter of Offer) >>Document

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

Tilak Ventures 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 Tilak Ventures? Should I apply in Tilak Ventures Right Issue?

Last Updated on 2022-04-06T10:35:35+00:00

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