Tirupati Tyres is offering 4,88,87,000 equity shares through a Rights Issue at a price of ₹10 per share, aiming to raise ₹48.89 crores. The entitlement ratio is set at 2 rights equity shares for every 1 fully paid-up share held by eligible shareholders.
The full issue price of ₹10 per share is payable at the time of application. These rights shares will be listed on both BSE and NSE, giving shareholders the opportunity to increase their holdings at a discounted price.
The record date for determining eligibility is April 17, 2025. The Rights Issue opens on April 25, 2025, and will close on May 19, 2025.
Overview of Contents
About Company
Tirupati Tyres Limited, established in 1988, is a leading manufacturer and trader of a wide variety of tyres and tubes for different vehicles, including cycles, motorcycles, auto rickshaws, tractors, trucks, buses, cars, and other self-moving vehicles. The company has built a competitive advantage by adopting automation, lean techniques, and advanced equipment, which help improve productivity, reduce costs, and meet global demand efficiently, even during challenging times.
As of March 31, 2024, the company employs a total of 8 staff members. In terms of leadership, Mr. Girish Kumar Bohra served as the Company Secretary & Compliance Officer but tendered his resignation on February 22, 2022. Mrs. Sakshi Chopra took over the role on October 31, 2022, ensuring smooth operations within the company. Tirupati Tyres also boasts a robust dealer network that provides comprehensive solutions to its customers.
Tirupati Tyres Rights Issue 2025 – Overview
| Details | Information |
|---|---|
| Security Name | Tirupati Tyres Ltd. |
| Rights Issue Size (Amount) | ₹48.89 Crores |
| Equity Shares on Offer | 4,88,87,000 shares |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Entitlement Ratio | 2 Rights Share(s) for every 1 fully paid-up share |
| Terms of Payment | Full price of ₹10 per share payable on application |
| Letter Of Offer URL | Click here |
| Application Form URL | Click here |
Tirupati Tyres Rights Issue Dates
| Event | Date |
|---|---|
| Last Day to Buy Shares for Eligibility | 16th April 2025 |
| Cut-off Date for Rights Eligibility | 17th April 2025 |
| Rights Issue Opening Date | 25th April 2025 |
| Rights Issue Closing Date | 19th May 2025 |
| Last Day to Transfer Rights (Renounce) | 13th May 2025 |
| Expected Date of Allotment | May 2025 (Exact TBD) |
How to Apply for Tirupati Tyres Rights Issue 2025
Investors can apply for the Tirupati Rights Issue through two convenient methods:
Net Banking via ASBA (Application Supported by Blocked Amount): Shareholders can apply directly through their bank’s net banking portal using the ASBA service. This method allows the application amount to be blocked in the bank account until the shares are allotted. Most banks offer ASBA services under the IPO or Rights Issue section.
Registrar’s Website (R-WAP Facility): Investors can also apply through the Registrar’s Web-Based Application Platform (R-WAP). This method enables eligible shareholders to submit their applications online by filling out the form on the official website of the registrar and making payment through net banking, UPI, or other online payment modes.
Tirupati Tyres Rights Issue 2025 Review
- To be Updated Soon.
Tirupati Tyres Ltd Finanacial Performance
| Financial Detail | FY 2023-24 (Ending 31st March 2024) | FY 2022-23 (Ending 31st March 2023) |
|---|---|---|
| Total Assets | ₹54.06 Crores | ₹53.95 Crores |
| Total Revenue | ₹0.41 Crores | ₹0.29 Crores |
| Net Profit (After Tax) | ₹0.09 Crores | ₹0.22 Crores |
📋 Tirupati Tyres Rights Issue 2025 – Allotment Status
Registrar:
🏢 Skyline Financial Services Private Ltd
📞 Phone: 022-28511022
📧 Email: [email protected]
🌐 Website: https://www.skylinerta.com/ipo.php
👨💼 Lead Managers
🔜 To Be Updated Soon
🏭 Company Contact – Tirupati Tyres Ltd.
📍 Address:
Unit No 606, Reliables Pride,
Anand Nagar, Opp. Heera Panna,
Jogeshwari West, Mumbai – 400102
📞 Phone: 022-26204220
📧 Email: [email protected]
🌐 Website: http://www.tirupatityres.com/
Tirupati Tyres FAQs
What is the record date for Tirupati Tyres Rights Issue 2025?
The record date to determine eligible shareholders for the rights issue is April 17, 2025. Investors holding shares on or before April 16, 2025 will be eligible to receive the rights entitlements.