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* - Tentative Dates
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment the existing and incremental working capital requirement of the company | 34.08 |
| 2 | General Corporate Purpose | 11.61 |
| Total | 45.69 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 69.94 | 54.06 | 53.95 |
| Total Income | 11.81 | 0.41 | 0.29 |
| Profit After Tax | 1.00 | 0.09 | 0.22 |
| Amount in ₹ Crore | |||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Registrar to the Issue | 0.07 |
| 2 | Fees payable to the other professional service providers | 0.08 |
| 3 | Advertising, marketing, and shareholder outreach expenses | 0.04 |
| 4 | Fees payable to regulators, including Stock Exchanges, SEBI, depositories, Monitoring Agency, and other statutory fee | 0.33 |
| 5 | Other Professional fees-Printing and stationery | 0.11 |
| 6 | Other Professional fees-Statutory Auditors. | 0.02 |
| 7 | Other Professional fees-Bank to the issue | 0.03 |
| 8 | Miscellaneous expenses and stamp duty. | 0.07 |
| Total | 0.75 |
Tirupati Innovar Limited, earlier known as Tirupati Tyres Ltd, is a company based in Mumbai that was established in 1988. The firm has recently expanded beyond its original focus on tire manufacturing and trading, moving into sectors such as agriculture, infrastructure, and precious metals.
In July 2025, the company underwent a rebranding to better represent its broader business activities, which now include farming, production of agricultural goods, and gold and silver craftsmanship.
Its registered office is situated in Andheri East, Mumbai, Maharashtra.
