Tarsons Products Limited IPO
Mainboard₹14,564 / 22 Shares
Tarsons Products Limited IPO Details
The Tarsons Products Limited IPO price band is set between ₹635-662 per equity share, with a face value of ₹2 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 15 Nov, 2021 and closes on 17 Nov, 2021. Investors can check the allotment status on 23 Nov, 2021, while the listing date is tentatively scheduled for 26 Nov, 2021.
The total issue size is Total 1023.47 Crores : 150 Crores Fresh Issue + 873.84 Crores Approx Offer for Sale, aggregating up to . Stay tuned for the latest Tarsons Products Limited IPO review and GMP updates.
Tarsons Products Limited IPO Review, Rating & Analysis
Tarsons Products Limited IPO Review
NO REVIEWTarsons Products Limited IPO Rating
Tarsons Products Limited IPO Highlights
IPO Date
Nov 15, 2021 - Nov 17, 2021
Listing Date
26 Nov, 2021
Face Value
₹2 Per Equity Share
Price Band
₹635-662 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Tarsons Products Limited IPO Lot Size
The minimum market lot for Tarsons Products Limited IPO is 22 shares with an application amount of ₹14,564. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,564 |
| Retail (Max) | 13 | 286 | ₹1,89,332 |
| S-HNI (Min) | 14 | 308 | ₹2,03,896 |
| S-HNI (Max) | 68 | 1496 | ₹9,90,352 |
| B-HNI (Min) | 69 | 1518 | ₹10,04,916 |
Tarsons Products Limited IPO Timeline
Issue Price
₹635-662 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Edelweiss Financial Services Ltd, ICICI Securities Limited, SBI Capital Markets LimitedIssue Size
Total 1023.47 Crores : 150 Crores Fresh Issue + 873.84 Crores Approx Offer for SaleTarsons Products Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 295.95 | 234.29 | 68.87 | - | - | - |
| 31 Mar 20 | 248.70 | 180.05 | 40.53 | - | - | - |
| 31 Mar 19 | 211.95 | 184.71 | 38.95 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Sanjive Sehgal
- Rohan Sehgal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
Tarsons Products Limited is a leading Indian life sciences company with more than three decades of experience in the production and supply of labware products. The company manufactures a range of quality labware products that helps advance scientific discovery and improve healthcare systems. The company's product portfolio is classified into three broad categories including consumables, reusables, and others. As of March 31, 2021, the company has a diversified product portfolio with over 1,700 SKUs across 300 products.Trason's products are used in various laboratories across research organizations, academic institutes, pharmaceutical companies, Contract Research Organizations (CRO), diagnostic companies, and hospitals. The company has many reputed institutes, medical labs, and hospitals as its key clients.Currently, the company has 5 manufacturing facilities located in West Bengal spread across approximately 20,000 sq. mts of area. The company has a strong distribution network across India comprising of over 141 authorized distributors as of March 31, 2021 and supplies its products to more than 40 countries.
Tarsons Products Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 30,81,172 | 23,10,880 | 53,92,052 | 108,44,104 |
Day 1 -15-11-21 05:00 PM | 0.00 x | 0.07 | 2.12 x | 1.10 x |
Day 2 -16-11-21 05:00 PM | 1.30 x | 3.98 | 4.74 x | 3.58 x |
Day 3 -17-11-21 05:00 PM | 115.77 x | 184.58 | 10.55 x | 77.49 x |
9.07 times
Frequently Asked Questions about Tarsons Products Limited IPO IPO
When will Tarsons Products Limited IPO open for subscription?
The Tarsons Products Limited IPO opens on 15 Nov, 2021 and closes on 17 Nov, 2021.
What is the investors portion for Tarsons Products Limited IPO?
The investors' portion for QIB is 115.77 x, NII is 184.58, and Retail is 10.55 x.
How to apply for Tarsons Products Limited IPO?
You can apply for Tarsons Products 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 Tarsons Products Limited IPO?
The issue size of Tarsons Products Limited IPO is approx ₹Total 1023.47 Crores : 150 Crores Fresh Issue + 873.84 Crores Approx Offer for Sale crores.
What is the price band of Tarsons Products Limited IPO?
The price band for Tarsons Products Limited IPO is ₹635 to ₹662 per equity share.
What is the lot size of Tarsons Products Limited IPO?
The minimum bid (lot size) for Tarsons Products Limited IPO is N/A shares with an investment of approx ₹14,564 .
What is the allotment date of Tarsons Products Limited IPO?
The allotment date for Tarsons Products Limited IPO is 23 Nov, 2021.
What is the listing date of Tarsons Products Limited IPO?
The listing date for Tarsons Products Limited IPO is expected to be 26 Nov, 2021.
What is the GMP of Tarsons Products Limited IPO?
The latest Grey Market Premium (GMP) for Tarsons Products 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.