₹16.80 Crores | Listing at BSE | Thu, Feb 5, 2026 - Fri, Mar 6, 2026
Travels & Rentals Ltd Rights Issue comprises 1.12 Cr equity shares aggregating to ₹16.80 Cr, offered at an issue price of ₹15 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Jan 28, 2026, with the Rights Issue being offered in the entitlement ratio of 1 : 1.
The term of payment is defined as following : The entire Issue Price of Rs 15 per share will be payable at the time of making the Application in the Issue.
The Rights Entitlements are expected to be credited to eligible demat accounts on Mar 9, 2026.
The Rights Issue opens on Feb 5, 2026, and closes on Mar 6, 2026, with renunciation of Rights Entitlements permitted up to Mar 2, 2026.
The deemed date of allotment is Mar 9, 2026, following which the equity shares are expected to be credited to demat accounts on Mar 10, 2026 and listed at the BSE on Mar 11, 2026.
Cameo Corporate Services Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Travels & Rentals Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Jan 28, 2026
Entitlement Ratio
1 : 1
Open Date
Thu, Feb 5, 2026
Close Date
Fri, Mar 6, 2026
The entire Issue Price of Rs 15 per share will be payable at the time of making the Application in the Issue.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 |
|---|---|---|
| Total Income | 4.65 | 11.45 |
| Profit After Tax | 1.56 | 3.22 |
| NET Worth | 29.80 | 28.24 |
| Reserves and Surplus | 18.60 | 17.04 |
| Amount in ₹ Crore | ||
Travels & Rentals Ltd is a mobility services company providing travel solutions, vehicle rentals, and logistics support, catering to corporate clients, tourists, and institutions across multiple cities in India nationwide.
The company offers chauffeur-driven cars, self-drive rentals, employee transportation, and customized travel packages, focusing on safety, reliability, and timely service delivery through a well-maintained fleet and professional trained support teams.
Travels & Rentals Ltd also provides long-term leasing, event transportation, and logistics coordination, leveraging technology-enabled booking platforms and customer support systems to enhance operational efficiency and client satisfaction levels consistently.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 12.05 |
| 2 | General Corporate Purposes | 0.40 |
[Dilip Davda] TRL is offering comprehensive range of travel related products and services. Surprisingly it is going for RI with just last one and half years’ performance. The counter is currently trading below the RI price. Based on its recent trading price data, the issue appears exorbitantly priced. Doubled equity post RI also indicates its servicing issue going forward. There is no harm in skipping this “High Risk/Low Return” pricey bet. Read detail review...
Travels & Rentals Rights Issue 2026 got subscribed by 0.91 times by the end of the bidding period with total bid quantity received by BSE of 1,02,00,000 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Mar 06 2026 17:00:00 | 1,02,00,000 | 0.91x |
Travels & Rentals Ltd
161 Lenin Sarani,
Dharmatala,
Kolkata, 700013
The Travels & Rentals Rights Issue 2026 opens on Thu, Feb 5, 2026, and closes on Fri, Mar 6, 2026.
Travels & Rentals Rights Issue 2026 Schedule
| Last Date for credit of Rights Entitlements | Thu, Jan 29, 2026 |
| Last Date for renunciation of Rights Entitlements | Mon, Mar 2, 2026 |
| Issue Opening Date | Thu, Feb 5, 2026 |
| Issue Closing Date | Fri, Mar 6, 2026 |
| Date of Allotment (on or about) | Mon, Mar 9, 2026 |
| Date of Credit (on or about) | Tue, Mar 10, 2026 |
| Date of Listing (on or about) | Wed, Mar 11, 2026 |
You can apply for Travels & Rentals Rights Issue 2026 in two ways:
Steps to apply for Travels & Rentals Rights Issue 2026 using Net Banking (ASBA)
Steps to apply for Travels & Rentals Rights Issue 2026 using Registrar's website (R-WAP)
