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TCM Limited Rights Issue (TCM Limited Rights Issue 2022) Detail

May 12, 2022 - May 26, 2022
TCM Limited Logo

Incorporated in 1943, TCM Limited is engaged in the business of manufacturing chemicals including Organic and Inorganic chemicals, Fungicides, Herbicides, Barium and Strontium salts, Strontium Nitrite, Sodium Sulfide and various other derivatives. TCM Limited was formerly known as Travancore Chemical Manufacturing Company Ltd.

TCM has diversified its operation into Renewable Energy, Aquaculture, Plantation, Food Processing, Import and Export, and International Trading. The company has a presence in more than 52 countries with a wide network of more than 1200 dedicated people.

TCM Limited Rights Issue 2022 Detail

Issue Open May 12, 2022 - May 26, 2022
Security Name TCM Limited
Issue Size (Shares) 4,078,842
Issue Size (Amount) ₹10.20 Crores
Issue Price ₹25 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The entire amount of the Issue Price of ₹ 25/- per Rights Equity Share shall be payable at the time of Application.

Entitlement 6 Rights Equity Shares for every 5 fully paid-up Equity Shares held on the Record Date

TCM Limited Rights Issue 2022 Issue Timetable

Record Date April 27, 2022
Credit of Rights Entitlements May 4, 2022
Bid/Offer Opens On May 12, 2022
Renunciation of Rights Entitlements May 19, 2022
Bid/Offer Closes On May 26, 2022
Deemed Date of Allotment June 6, 2022
Credit Date June 7, 2022
Listing Date June 8, 2022

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Lakhs)
  31-Mar-21 31-Mar-20
Total Assets 6,850.50 6,543.58
Total Income 548.45 206.88
Profit After Tax 98.24 38.87

Objects of the Issue:

The objects of the Issue are:

1. Repayment of Unsecured Loans availed from the Promoters.

2. Working Capital requirements.

3. General Corporate Purposes.

TCM Limited Rights Issue 2022 Documents

TCM Limited Rights Issue 2022 Rating

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Company Contact Information

TCM Limited
House No. 28/2917, 'Aiswarya',
Ponneth Temple Road, Shanthi Nagar,
Kadavanthra, Cochin - 682 020,

Phone: +91 484 2316771
Email: info@tcmlimited.in
Website: http://www.tcmlimited.in/index.php

TCM Limited Rights Issue 2022 Registrar

  1. Cameo Corporate Services Limited
    Phone: +91-44-28460390
    Email: cameo@cameoindia.com
    Website: https://ipo.cameoindia.com/

TCM Limited Rights Issue 2022 Lead Manager(s)

TCM Limited Rights Issue 2022 FAQs

The TCM Limited Rights Issue 2022 opens on May 12, 2022, and closes on May 26, 2022.

TCM Limited Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsMay 4, 2022
Last Date for renunciation of Rights EntitlementsMay 19, 2022
Issue Opening DateMay 12, 2022
Issue Closing DateMay 26, 2022
Date of Allotment (on or about)June 6, 2022
Date of Credit (on or about)June 7, 2022
Date of Listing (on or about)June 8, 2022

TCM Limited Rights Issue 2022 price is set at ₹25 per share per equity share.

The eligible shareholders are being offered 6 Rights Equity Shares for every 5 fully paid-up Equity Shares held on the Record Date (April 27, 2022).

The record date for the TCM Limited Rights Issue 2022 is April 27, 2022.

The issue size of TCM Limited Rights Issue 2022 is of 4,078,842 equity shares at ₹25 per share aggregating upto ₹10.20 Crores.

The Letter of Offer for TCM Limited Rights Issue 2022 can be download here.

You can apply for TCM Limited Rights Issue 2022 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for TCM Limited Rights Issue 2022 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the TCM Limited Rights Issue 2022 available on the list.
  4. Click the Apply button next to the TCM Limited Rights Issue 2022.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for TCM Limited Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select TCM Limited Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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