₹199.51 Crores | Listing at BSE, NSE | Mon, Mar 30, 2026 - Wed, Apr 8, 2026
Til Limited Rights Issue comprises 1.21 Cr equity shares aggregating to ₹199.51 Cr, offered at an issue price of ₹165 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Mar 23, 2026, with the Rights Issue being offered in the entitlement ratio of 11 : 64.
The term of payment is defined as following : ₹165 per share payable on application, with the balance payable in call(s).
The Rights Entitlements are expected to be credited to eligible demat accounts on Apr 9, 2026.
The Rights Issue opens on Mar 30, 2026, and closes on Apr 8, 2026, with renunciation of Rights Entitlements permitted up to Apr 1, 2026.
The deemed date of allotment is Apr 9, 2026, following which the equity shares are expected to be credited to demat accounts on Apr 10, 2026 and listed at the NSE and the BSE on Apr 13, 2026.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Til Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Mar 23, 2026
Entitlement Ratio
11 : 64
Open Date
Mon, Mar 30, 2026
Close Date
Wed, Apr 8, 2026
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 227.93 | 343.07 | 68.91 |
| Profit After Tax | -20.78 | 2.90 | 253.92 |
| NET Worth | 77.01 | 82.66 | 31.88 |
| Reserves and Surplus | 10.41 | 16.06 | 14.35 |
| Amount in ₹ Crore | |||
Established in 1944, TIL Limited designs, manufactures and distributes a comprehensive range of material handling and port equipments.
The company has two factories in Eastern India, a mobile crane manufacturing facility in Kamarhatty, Kolkata and an ERP enabled factory in Kharagpur. Both factories are certified according to the international standards for quality management systems ISO 9001:2015 and DIN EN ISO 3834-2.
The company's product list includes Rough Terrain Cranes, Truck Cranes, Pick and Carry Cranes, Manitowoc Crawler Cranes, Grove Cranes, Reach Stackers, and Forklift Trucks.
TIL is headquartered in Kolkata, with regional offices in major cities across India.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment / Pre-payment, in full or in part, of certain outstanding borrowings availed by our Company, including the interest accrued thereon | 148.00 |
| 2 | General Corporate Purposes | 48.50 |
| Total | 196.50 |
[Dilip Davda] TL is engaged in niche heavy-equipment and defence engineering manufacturing and related services. This is the 2nd RI from the company since March 2024. The company marked inconsistency in its financial performance and surprisingly posted heavy losses for 9M-FY26. Promoters’ holding above 68% is the only attraction for now. The RI appears aggressively priced based on its recent financial data and other parameters. Only well-informed/risk seeker/cash surplus investors may park moderate funds for long term. Read detail review...
TIL Rights Issue 2026 got subscribed by 0.91 times by the end of the bidding period with total bid quantity received by BSE and NSE of 1,09,53,220 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Apr 08 2026 17:00:00 | 77,06,973 | 32,46,247 | 1,09,53,220 | 0.91x |
Til Limited
1 Taratolla Road,
Garden Reach,
Kolkata, 700024
The TIL Rights Issue 2026 opens on Mon, Mar 30, 2026, and closes on Wed, Apr 8, 2026.
TIL Rights Issue 2026 Schedule
| Last Date for credit of Rights Entitlements | Tue, Mar 24, 2026 |
| Last Date for renunciation of Rights Entitlements | Wed, Apr 1, 2026 |
| Issue Opening Date | Mon, Mar 30, 2026 |
| Issue Closing Date | Wed, Apr 8, 2026 |
| Date of Allotment (on or about) | Thu, Apr 9, 2026 |
| Date of Credit (on or about) | Fri, Apr 10, 2026 |
| Date of Listing (on or about) | Mon, Apr 13, 2026 |
You can apply for TIL Rights Issue 2026 in two ways:
Steps to apply for TIL Rights Issue 2026 using Net Banking (ASBA)
Steps to apply for TIL Rights Issue 2026 using Registrar's website (R-WAP)
