₹36.17 Crores | Listing at NSE | Mon, Aug 22, 2022 - Tue, Sep 20, 2022
Tembo Global Industries Limited Rights Issue comprises 0.3617 Cr equity shares aggregating to ₹36.17 Cr, offered at an issue price of ₹100 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Aug 10, 2022.
As per the terms of payment, ₹100 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 21, 2022.
The Rights Issue opens on Aug 22, 2022 and closes on Sep 20, 2022.
The deemed date of allotment is Sep 13, 2022, following which the equity shares are expected to be credited to demat accounts on Sep 15, 2022 and listed on the NSE on Sep 19, 2022.
Fedex Securities Pvt.Ltd. is the Lead Manager to the issue and Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Tembo Global Industries Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Aug 10, 2022
Entitlement Ratio
:
Open Date
Mon, Aug 22, 2022
Close Date
Tue, Sep 20, 2022
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 51.53 | 78.89 | 2.39 |
| 31-Mar-21 | 80.58 | 104.67 | 2.35 |
| 31-Mar-22 | 91.05 | 177.91 | 3.15 |
| Amount in ₹ Crore | |||
Incorporated in 2010, Manufacturing and Fabrication of Metal Products, used in Pipe Support Systems, Seismic Engineering, Acoustic, Fasteners, Anchors, HVAC, Anti Vibration System and Equipment for Industrial, Commercial, Utility and OEM Installation. The company manufactures various engineering products, metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers etc. The company's Product Portfolio also includes all types of bathroom pipes, fittings, bathroom accessories and sanitary wares.
The company exports its products to the United States and the Middle East and serves a variety of sectors. Tembo Global Industries also have sales representatives with engineering expertise located throughout the Gulf, European and Asian Countries via the network of distributors for the client's convenience.
The Net Proceeds from the Issue are proposed to be utilised by our Company for the following objects :
1. Working Capital Requirement
2. Repayment of certain outstanding borrowings
3. General corporate purposes
[Dilip Davda] Though the company’s top line is showing growth, its margins are under pressure. Both segments are highly competitive and fragmented. However, looking at its track record, risk seeker/cash surplus investors may park their funds with long-term perspectives. Read detail review...
Tembo Global Industries Limited
Plot No- PAP D- 146/ 147,
TTC MIDC, Turbhe,
Navi Mumbai-400705
Navi Mumbai, Maharashtra, 400705
The Tembo Global Industries Rights Issue 2022 opens on Mon, Aug 22, 2022, and closes on Tue, Sep 20, 2022.
Tembo Global Industries Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | Sun, Aug 21, 2022 |
| Last Date for renunciation of Rights Entitlements | Wed, Aug 31, 2022 |
| Issue Opening Date | Mon, Aug 22, 2022 |
| Issue Closing Date | Tue, Sep 20, 2022 |
| Date of Allotment (on or about) | Tue, Sep 13, 2022 |
| Date of Credit (on or about) | Thu, Sep 15, 2022 |
| Date of Listing (on or about) | Mon, Sep 19, 2022 |
You can apply for Tembo Global Industries Rights Issue 2022 in two ways:
Steps to apply for Tembo Global Industries Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for Tembo Global Industries Rights Issue 2022 using Registrar's website (R-WAP)
