Tirupati Innovar Ltd Right Issue

₹46.44 Cr BSE 7 May 2026 – 15 May 2026

Closed Ratio: 19 : 10 BSE
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Issue Price
₹10.00
Face Value
₹10.00
Issue Size (Shares)
46,442,650
Issue Size (₹ Cr.)
₹46.44
📅 Right Issue Timetable
Last Date to Buy SharesWed, Apr 29, 2026
Record DateThu, Apr 30, 2026
Credit of Rights EntitlementsMon, May 4, 2026
Bid/Offer Opens OnThu, May 7, 2026
Issue Open DateThu, May 7, 2026
Renunciation Last DateMon, May 11, 2026
Bid/Offer Closes OnFri, May 15, 2026
Issue Close DateFri, May 15, 2026
Deemed Date of AllotmentMon, May 18, 2026
Credit DateTue, May 19, 2026
Listing DateTue, May 19, 2026
📋 Right Issue Details
Issue Size (Shares)46,442,650
Issue Size (Amount)₹46.44 Cr.
Issue Price₹10.00 per share
Face Value₹10.00 per share
Entitlement Ratio19 : 10
Listing AtBSE
Terms of Payment₹10 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-312023-03-31
Income11.810.410.29
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To augment the existing and incremental working capital requirement of the company₹34.08
2General Corporate Purpose₹11.61
Total₹45.69
🏢 About the Company
Tirupati Innovar Limited (formerly Tirupati Tyres Ltd) is a Mumbai-based company incorporated in 1988, now diversifying from the tire manufacturing into agriculture, infrastructure, and precious metals trading.

Formerly focused solely on manufacturing and trading tires and tubes, the company rebranded in July 2025 to reflect a diversified focus, including farming, agriculture product production, and goldsmith/silversmith activities.

The company's registered office is located in Andheri East, Mumbai, Maharashtra.
📞 Company Contact
CompanyTirupati Innovar Ltd
AddressUnit No 606, Reliables Pride
Anand Nagar, opp Heera Panna
Jogeshwari West,
Mumbai, 400102
Phone02226204220
Emailtirupatityres1988@gmail.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd
Phone011-26812682
Emailgrievance@skylinerta.com
WebsiteVisit ↗