Tirupati Tyres Rights Issue Details, Record Date, Issue Price, Subscription

Tirupati Tyres Rights Issue details are now available. The firm plans to issue 4,88,87,000 equity shares amounting to Rs 48.89 crores. Tirupati Tyres Rights issue price is Rs 10 per share, and the face value is Rs 10 per share.

Tirupati Tyres Rights Issue's open date is April 25, 2025, and the close date is May 19, 2025. Tirupati Tyres' rights issue entitlement ratio is 2:1, which is 2 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the record date.

Tirupati Tyres Rights Issue record date is April 17, 2025. The last date to buy shares of Tirupati Tyres is April 16, 2025. Rights Issue subscription status will be available after the issue goes live.

Tirupati Tyres Rights Issue Allotment date, Credit date and Listing date will be available soon. However, the listing will be on the BSE and NSE platforms.

Tirupati Tyres Limited's registrar is Skyline Financial Services Private Ltd, and the book-running lead manager(s) for this rights issue has not yet been disclosed.

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Tirupati Tyres Rights Issue Details

Tirupati Tyres Rights Issue details are as follows: the company plans to issue 4,88,87,000 equity shares, aggregating the amount of Rs 48.89 crores. Tirupati Tyres Rights issue price is Rs 10 per share. The rights issue entitlement ratio is 2:1, which is 2 Rights Equity Shares for every 1 fully paid-up equity share(s).

Tirupati Tyres Rights Issue Dates

Tirupati Tyres Rights issue record date is April 17, 2025, and the last date to buy shares of Tirupati Tyres is April 16, 2025.

Tirupati Tyres Rights Issue Subscription

Tirupati Tyres Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 2 Rights Equity Share(s) for every 1 fully paid-up Equity Share(s) held on Record Date. Tirupati Tyres's issue price is Rs 10 per share.

Tirupati Tyres Limited: About the Company

Tirupati Tyres Limited, established in 1988, is an Indian company engaged in the manufacturing and trading of tyres and allied products. Headquartered in Mumbai, the company serves a wide spectrum of the automobile industry, offering a diverse range of tyre solutions tailored to various business segments.

Tirupati Tyres Limited is continues to expand its presence in the domestic market, leveraging its expertise and industry knowledge to deliver reliable products. The company’s active status and steady financial performance underscore its dedication to operational excellence and long-term value creation for stakeholders.

Tirupati Tyres has developed a strong dealer network over the years, ensuring comprehensive service and support for its customers across India. The company’s shares were listed on the Metropolitan Stock Exchange of India in 2015, reflecting its commitment to transparency and growth.

Tirupati Tyres Rights Issue: Objectives

Tirupati Tyres's rights issue objective is to utilise the net proceeds from the issue to meet the working capital requirements of the company and general corporate purposes.

Tirupati Tyres Limited Financials (Amount in Rs crore)

Tirupati Tyres Rights Issue Registrar

Tirupati Tyres Limited's registrar is Skyline Financial Services Private Ltd, and the book-running lead manager(s) for this rights issue has not yet been disclosed. 

FAQs

1. What are the details of the Tirupati Tyres Rights Issue?

Tirupati Tyres Rights Issue details are as follows: Tirupati Tyres plans to issue 4,88,87,000 equity shares amounting to Rs 48.89 crores. Tirupati Tyres Rights issue price is Rs 10 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 2:1, which is 2 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

2. Tirupati Tyres Rights Issue open date and close date?

Tirupati Tyres Rights Issue's open date is April 25, 2025, and the closing date is May 19, 2025. Tirupati Tyres Rights Issue record date is April 17, 2025. The last date to buy shares of Tirupati Tyres is April 16, 2025.

3. How can I apply for the Tirupati Tyres Rights Issue?

You can apply for Tirupati Tyres in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Tirupati Tyres Rights Issue?

Tirupati Tyres's rights issue entitlement ratio is 2:1, which is 2 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

5. How can I check the Tirupati Tyres Issue Allotment Status?

The registrar for this upcoming rights issue is Skyline Financial Services Private Ltd. Investors can check the allotment status by visiting the registrar's website.

6. From where can I get the Letter of Offer Tirupati Tyres Rights issue?

You can download the Tirupati Tyres Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Tirupati Tyres Rights Issue?

The Tirupati Tyres Rights Issue listing date will be available soon. However, the listing will be on the BSE and NSE platforms.

8. Who are the registrar and lead managers of the Tirupati Tyres Rights Issue?

Tirupati Tyres Limited's registrar is Skyline Financial Services Private Ltd, and the book-running lead manager(s) for this rights issue has not yet been disclosed.

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