SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Power Company gains as its rights issue oversubscribed 1.96 times

22 Apr 2014 Evaluate

Tata Power Company is currently trading at Rs 83.70, up by 0.25 points or 0.30% from its previous closing of Rs. 83.45 on the BSE.

The scrip opened at Rs 84.05 and has touched a high and low of Rs 85.00 and Rs 82.25 respectively. So far 578410 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 92.64 on 30-Apr-2013 and a 52 week low of Rs. 65.86 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 87.00 and Rs. 81.10 respectively. The current market cap of the company is Rs. 22683.96 crore.

The promoters holding in the company stood at 32.47% while Institutions and Non-Institutions held 48.24% and 19.10% respectively.

Tata Power Company, one of India’s largest integrated power companies, has closed subscription to its rights issue on April 15, 2014. The issue has been oversubscribed 1.96 times, wherein the company collected an amount of Rs 3,916.41 crore on application.

The company had offered up to 33,22,30,130 equity shares of face value of Rs 1 each at a price of Rs 60 per equity share for an amount aggregating to Rs 1,993.38 crore on a rights basis to existing shareholders.

JM Financial Institutional Securities, BNP Paribas, HSBC Securities & Capital Markets (India), Kotak Mahindra Capital Company and SBI Capital Markets were the lead managers to the issue.

Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Tata Power Share Price

435.70 2.05 (0.47%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 396.10
Tata Power 435.70
Adani Power 203.05
Power Grid Corp 319.30
Torrent Power 1622.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×