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Tips Music Ltd
NSE: TIPSMUSIC BSE: 532375
₹699.45
(3.38%)
Wed, 29 Jul 2026, 07:27 am
Market Cap (in Cr)8648.45
PE Ratio41.66
Dividend0
Consumer Services
Movies/Entertainment
24.5KCompany History
1988
- The Company was established as a Partnership Firm in the name of Tips Cassettes & Record Co.
1990
- The Company set up its first manufacturing facility at Palghar, Maharashtra.
1992
- M/s. R.K. Electronics was dissolved and merged with the partnership firm M/s. Tips Cassettes and Records Company.
1996
- The Company was converted into a joint stock company under Chapter IX of the Companies Act, 1956.
- The Company was rechristened as Tips Industries Private Limited.
1997
- Tips commissioned the second manufacturing facility for blank and pre-recorded audio cassettes at Silvassa.
1999
- The Company acquired the audio rights held by Video Master, Time Magnetics (India) Limited and Weston Components Limited.
- The Company became a Deemed Public Limited Company.
2000
- The Company acquired audio rights held by Mr. Jawaharlal Chopra.
- Tips Industries Ltd. entered the capital market with an initial public offer.
- The Company entered the south Indian film music market.
- The Company signed a three-year exclusive licensing deal with Warner Electra Atlantic International Inc, US.
2002
- Shiv Abhichandani resigned from the Directorship of Tips Ind.
2004
- The Company shifted its Registered office to new premises.
2005
- Tips Industries and Mukta Arts re-associated to create history.
2006
- The email address for investors is [email address].
2008
- The Board recommends a dividend of 20%.
2009
- Tips has recommended a dividend of 11% i.e. Rs. 1.10 per share.
2010
- The Board recommends a dividend of 12.5% i.e. Rs. 1.25 per share.
2011
- The Board recommends a dividend of 12.5% i.e. Rs. 1.25 per share.
2012
- Tips Industries has proposed a dividend of 20% i.e. Rs. 2 per share.
2013
- The Company has recommended a dividend of 21% i.e. Rs. 2.10 per share.
2023
- The Company has split its face value from Rs. 10/- to Rs. 1/-.
2024
- The Company name has changed to Tips Music Ltd. from Tips Industries Ltd.