TT Limited Rights Issue dates 17 – 31 July 2025.
T T Limited is a Delhi-headquartered textile and garment manufacturing company specializing in innerwear, thermal wear, casual wear, and kids’ wear. The company operates primarily in the B2B segment, supported by an active distribution network across India, particularly in the North. It owns and operates one manufacturing facility in Avinashi, Tirupur (Tamil Nadu), and is developing a second unit in Howrah (West Bengal) under a perpetual lease from West Bengal Hosiery Park Infrastructure Ltd, signed in 2022.
T T Limited markets over 500 active SKUs under flagship brands such as “HiFlyers,” “JAZZ,” and “Softy.” Its strategic diversification includes garments, knitted fabrics, cotton yarn exports, processed cotton, and previously, agro commodities (discontinued post-FY2024). The company exports cotton yarn using outsourced spinning mills and processes knitted fabrics through a combination of in-house and outsourced operations.
With a workforce of 250 employees, the company combines its legacy in fabric production with a marketing-centric strategy, leveraging psychographic consumer segmentation and trend-responsive product design through an in-house studio.
Promoters of TT Limited – Mr. Rikhab Chand Jain
Table of Contents
TT Rights Issue Details
| TT Limited Rights Issue Date | 17 – 31 July 2025 |
| TT Limited Rights Issue Price | INR 12 per share |
| Issue Size (in Shares) | 3,33,30,444 shares |
| Issue Size (in INR) | INR 40.0 crore |
| Issue Entitlement | 4 equity shares for every 27 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| TT Limited Rights Issue Record Date | 4 July 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE, NSE |
TT Limited Rights Issue Calculation
| TT Limited Rights Issue Price | INR 12 per share |
| Market Price on Rights Issue Approval | INR 15.15 per share |
| Dilution Factor (X) | 1.15 |
| Fair Value After Dilution at Prevailing Price | INR 14.74 per share |
TT Limited Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 203 | 211 | 214 |
| Expenses | 193 | 192 | 212 |
| Operating Margin (%) | 5.0 | 9.0 | 1.0 |
| Net Income | (13.0) | 5.0 | 4.0 |
| ROCE (%) | 3.0 | 8.0 | 1.0 |
TT Limited Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Funding capital expenditure requirements towards the replacement of some old machinery and the purchase of additional machinery at its existing manufacturing facility located at Avinashi, Tirupur, Tamil Nadu
- Brand-building expenses for enhancing brand awareness and visibility across the segments
- Funding the working capital requirements of the company
- General corporate purposes
TT Limited Rights Offer Documents
- TT Limited Rights Issue Application Form
- TT Limited Letter of Offer
- Board Meeting Outcome
- TT Limited Draft Letter of Offer
- Rights Issue in 2024
TT Limited Rights Issue Dates
| Rights Issue Approval Date | 18 June 2025 |
| Rights Issue Record Date | 4 July 2025 |
| Credit of Rights Entitlement | 10 July 2025 |
| Rights Issue Opening Date | 17 July 2025 |
| Last Date for Market Renunciation | 25 July 2025 |
| Rights Issue Closing Date | 31 July 2025 |
| Finalization of Basis of Allotment | 8 August 2025 |
| Rights Allotment Date | 11 August 2025 |
| Credit Date | 14 August 2025 |
| Listing Date | 19 August 2025 |
TT Limited Rights Offer Led Manager
SUMEDHA FISCAL SERVICES LIMITED
6A Geetanjali, 6th Floor,
8B Middleton Street, Kolkata – 700071
Tel: +91 332 229 8936 / 6813 5900
E-mail: [email protected]
Website: www.sumedhafiscal.com
TT Limited Rights Offer Registrar
BEETAL FINANCIAL & COMPUTER SERVICES PRIVATE LIMITED
3rd Floor, Beetal House, 99,
Behind Local Shopping Centre, Madangir
Village, Madangir, New Delhi, Delhi 110062
Tel: 011-29961281-83/26051061
E-mail: [email protected]
Website: www.beetalfinancial.com
TT Limited Contact Details
T. T. LIMITED
Poddar House, 2nd Floor, 71/2C, Rama Road,
Moti Nagar, New Delhi – 110015
Phone: +91 0091 11 45060708
Email: [email protected]
Website: www.ttlimited.co.in
TT Limited Rights Offer FAQs
What is the TT Limited Rights Issue Price?
The issue price is INR 12 per share.
What is the TT Limited Rights Issue entitlement ratio?
The eligible shareholders are offered 4 equity shares for every 27 equity shares held on the record date.
What is the TT Limited Rights Issue Record Date?
The Record date is 4 July 2025.
How to Apply in the TT Limited Rights Offer?
The best way to apply in the TT Limited Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.