.PNG&w=256&q=75)
Tara Chand Logistic Solutions Limited IPO
NSE SMERs 1,10,000/- ) / 2000 Equity Shares
Tara Chand Logistic Solutions Limited IPO Details
The Tara Chand Logistic Solutions Limited IPO price band is set between Rs 55 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Sharex Dynamic (India) Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 13 Mar, 2018 and closes on 15 Mar, 2018. Investors can check the allotment status on 21 Mar, 2018, while the listing date is tentatively scheduled for 23 Mar, 2018.
The total issue size is 37,20,000 Equity Shares of Rs 10/- each at a price of Rs 55 per share aggregating to 20.46 Cr, aggregating up to . Stay tuned for the latest Tara Chand Logistic Solutions Limited IPO review and GMP updates.
Tara Chand Logistic Solutions Limited IPO Review, Rating & Analysis
Tara Chand Logistic Solutions Limited IPO Review
NO REVIEWTara Chand Logistic Solutions Limited IPO Rating
Tara Chand Logistic Solutions Limited IPO Highlights
IPO Date
Mar 13, 2018 - Mar 15, 2018
Listing Date
23 Mar, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 55 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Tara Chand Logistic Solutions Limited IPO Lot Size
The minimum market lot for Tara Chand Logistic Solutions Limited IPO is 2000 shares with an application amount of ₹1,10,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,10,000 |
| Retail (Max) | 1 | 2000 | ₹1,10,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,20,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,90,000 |
| B-HNI (Min) | 10 | 20000 | ₹11,00,000 |
Tara Chand Logistic Solutions Limited IPO Timeline
Issue Price
Rs 55 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Sharex Dynamic (India) Pvt LtdLead Manager
Hem Securities LimitedIssue Size
37,20,000 Equity Shares of Rs 10/- each at a price of Rs 55 per share aggregating to 20.46 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Vinay Kumar
- Mr. Ajay Kumar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Tara Chand Logistic Solutions Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 17,64,000 | 17,64,000 | 35,28,000 |
Day 1 -13-03-18 | 4,46,000 0.25 x | 4,30,000 0.24 x | 8,76,000 0.25 x |
Day 2 -14-03-18 | 6,18,000 0.35 x | 15,42,000 0.87 x | 21,60,000 0.61 x |
Day 3 -15-03-18 | 46,78,000 2.65 x | 50,74,000 2.88 x | 97,52,000 2.76 x |
Frequently Asked Questions about Tara Chand Logistic Solutions Limited IPO IPO
When will Tara Chand Logistic Solutions Limited IPO open for subscription?
The Tara Chand Logistic Solutions Limited IPO opens on 13 Mar, 2018 and closes on 15 Mar, 2018.
What is the investors portion for Tara Chand Logistic Solutions Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1764000.
How to apply for Tara Chand Logistic Solutions Limited IPO?
You can apply for Tara Chand Logistic Solutions Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Tara Chand Logistic Solutions Limited IPO?
The issue size of Tara Chand Logistic Solutions Limited IPO is approx ₹37,20,000 Equity Shares of Rs 10/- each at a price of Rs 55 per share aggregating to 20.46 Cr crores.
What is the price band of Tara Chand Logistic Solutions Limited IPO?
The price band for Tara Chand Logistic Solutions Limited IPO is Rs 55 Per Equity Share to ₹undefined.
What is the lot size of Tara Chand Logistic Solutions Limited IPO?
The minimum bid (lot size) for Tara Chand Logistic Solutions Limited IPO is 2000 shares with an investment of approx Rs 1,10,000/- ) .
What is the allotment date of Tara Chand Logistic Solutions Limited IPO?
The allotment date for Tara Chand Logistic Solutions Limited IPO is 21 Mar, 2018.
What is the listing date of Tara Chand Logistic Solutions Limited IPO?
The listing date for Tara Chand Logistic Solutions Limited IPO is expected to be 23 Mar, 2018.
What is the GMP of Tara Chand Logistic Solutions Limited IPO?
The latest Grey Market Premium (GMP) for Tara Chand Logistic Solutions Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.