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Timescan Logistics (India) Limited IPO
NSE SME₹102,000 / 2000 Shares
Timescan Logistics (India) Limited IPO Details
The Timescan Logistics (India) Limited IPO price band is set between ₹51 per equity share, with a face value of ₹10 per share. The issue is managed by Cameo Corporate Services Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 31 Dec, 2021 and closes on 4 Jan, 2022. Investors can check the allotment status on 10 Jan, 2022, while the listing date is tentatively scheduled for 12 Jan, 2022.
The total issue size is 944,000 Eq Shares of ₹10 , aggregating up to ₹4.81 Cr. Stay tuned for the latest Timescan Logistics (India) Limited IPO review and GMP updates.
Timescan Logistics (India) Limited IPO Review, Rating & Analysis
Timescan Logistics (India) Limited IPO Review
NO REVIEWTimescan Logistics (India) Limited IPO Rating
Timescan Logistics (India) Limited IPO Highlights
IPO Date
Dec 31, 2021 - Jan 4, 2022
Listing Date
12 Jan, 2022
Face Value
₹10 Per Equity Share
Price Band
₹51 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Timescan Logistics (India) Limited IPO Lot Size
The minimum market lot for Timescan Logistics (India) Limited IPO is 2000 shares with an application amount of ₹1,02,000. 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 | ₹1,02,000 |
| Retail (Max) | 1 | 2000 | ₹1,02,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,04,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,18,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,20,000 |
Timescan Logistics (India) Limited IPO Timeline
Issue Price
₹51 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Cameo Corporate Services LimitedLead Manager
Finshore Management Services LimitedIssue Size
944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr)#Fresh Issue: 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr)Timescan Logistics (India) Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 21 | 31.22 | 27.24 | 0.40 | - | - | - |
| 31 Mar 21 | 30.45 | 99.76 | 1.24 | - | - | - |
| 31 Mar 20 | 14.83 | 65.09 | 0.79 | - | - | - |
| 31 Mar 19 | 13.96 | 63.93 | 0.83 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Moulana Taufeek Islam
- Mrs. Ayisha Beevi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.88% | 72.89% |
About Company
Timescan Logistics is a Multimodal Transport Operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider. The business provides a complete range of transport and freight-related services like Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading/unloading, etc. It is a registered custom house broker with Custom offices - Chennai, Vijaywada, and Mundra and also a member of the World Cargo Alliance for its global reach.
The business also has a 16,354 Sq. ft warehouse on long-term lease under Free Trade Warehousing Zone of JMD Chennai SEZ.
Timescan Logistics (India) Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 4,48,000 | 4,48,000 | 8,96,000 |
Day 1 -31-12-21 06:00 PM | 1.59 x | 1.71 x | 1.65 x |
Day 2 -03-01-22 06:00 PM | 2.44 x | 14.97 x | 8.71 x |
Day 3 -04-01-22 06:00 PM | 141.38 x | 90.34 x | 115.86 x |
Frequently Asked Questions about Timescan Logistics (India) Limited IPO IPO
When will Timescan Logistics (India) Limited IPO open for subscription?
The Timescan Logistics (India) Limited IPO opens on 31 Dec, 2021 and closes on 4 Jan, 2022.
What is the investors portion for Timescan Logistics (India) Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 448000.
How to apply for Timescan Logistics (India) Limited IPO?
You can apply for Timescan Logistics (India) 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 Timescan Logistics (India) Limited IPO?
The issue size of Timescan Logistics (India) Limited IPO is approx ₹944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr)#Fresh Issue: 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr) crores.
What is the price band of Timescan Logistics (India) Limited IPO?
The price band for Timescan Logistics (India) Limited IPO is ₹51 per equity share to ₹undefined.
What is the lot size of Timescan Logistics (India) Limited IPO?
The minimum bid (lot size) for Timescan Logistics (India) Limited IPO is N/A shares with an investment of approx ₹102,000 .
What is the allotment date of Timescan Logistics (India) Limited IPO?
The allotment date for Timescan Logistics (India) Limited IPO is 10 Jan, 2022.
What is the listing date of Timescan Logistics (India) Limited IPO?
The listing date for Timescan Logistics (India) Limited IPO is expected to be 12 Jan, 2022.
What is the GMP of Timescan Logistics (India) Limited IPO?
The latest Grey Market Premium (GMP) for Timescan Logistics (India) 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.