Tarsons Products IPO Date, GMP, Review, Price, Form, Subscription & Market Lot Details
Tarsons Products will open its initial public offering (IPO) for public subscription on November 15, Monday next week. The company will announce the upcoming IPO in a press conference on Wednesday. The three-day initial share sale will close on November 17, according to the red herring prospectus (RHP) filed by Tarsons. The retail quota is 35% with QIB 50% and HNI 15%.
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Tarsons Products IPO Date & Price Band:
| IPO Opening Date | Nov 15, 2021 |
| IPO Closing Date | Nov 17, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹635 to ₹662 per equity share |
| Market Lot | 22 Shares |
| Min Order Quantity | 22 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹2 (aggregating up to ₹1,023.47 Cr) |
| Fresh Issue | [.] Eq Shares of ₹2 (aggregating up to ₹150 Cr |
| Offer for Sale | 13,200,000 Eq Shares of ₹1 (aggregating up to ₹ Cr) |
Tarsons Products IPO Tentative Timetable
| IPO Open Date | Nov 15, 2021 |
| IPO Close Date | Nov 17, 2021 |
| Basis of Allotment Date | Nov 23, 2021 |
| Initiation of Refunds | Nov 24, 2021 |
| Credit of Shares to Demat Account | Nov 25, 2021 |
| IPO Listing Date | Nov 26, 2021 |
Tarsons Products IPO Market Lot:
| Minimum Lot Size: | Minimum 22 Shares |
| Minimum Amount: | ₹14,564 |
| Maximum Lot Size: | Maximum 286 Shares |
| Maximum Amount: | ₹189,332 |
Tarsons Products Company Financial:
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 30-Jun-21 (Consolidated) | 30-Jun-20 (Standalone) | 31-Mar-21 (Consolidated) | 31-Mar-20 (Standalone) | 31-Mar-19 (Standalone) | |
| Total Assets | 3,647.74 | 2,356.57 | 2,959.50 | 2,487.06 | 2,119.58 |
| Total Revenue | 711.27 | 435.73 | 2,342.91 | 1,800.54 | 1,847.19 |
| Profit After Tax | 248.35 | 69.68 | 688.70 | 405.31 | 389.58 |
Tarsons Products LTD IPO Reviews / Ratings
- Updates Soon
Brokerage Firm IPO Reviews for Tarsons Products LTD IPO
- ICICI Securities: Adding Soon
- Motilal Oswal: Adding Soon
- Capital Market: Adding Soon
- Ventura Securities Limited: Adding Soon
- KR Choksey: Adding Soon
- AXIS Capital Ltd: Neutral
- Tarsons Products IPO GMP (Grey Market Premium)
- Tarsons Products IPO Subscription Status
- Tarsons Products IPO Allotment Status
Tarsons Products IPO Form:
Tarsons Products IPO Subscription Numbers
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
About Tarsons Products
Tarsons Products have more than three decades of experience in the science labware and plastic labware industry, Tarsons is a leader in India in the production and supply of laboratory plastic ware for use within molecular biology, cell culture, genomics, proteomics and immunology. Tarsons applies its unparalleled innovation and expertise in research and development, and combines that with engineering dexterity to create state of the art Plastic Labware and Life Science products.
Tarsons Products Limited. presently manufactures disposable plastic labware, centrifuge ware, cryo labware, liquid handling system and instruments. Tarsons possesses the expertise in plastic moulding and have a sound knowledge of latest and inventive laboratory techniques, thus each of the products are customized to your laboratory needs. The name Tarsons is synonymous with creativity, togetherness, quality and service.
Our sincere efforts in pursuing research in the fields of quality injection moulding, rigorous QA/QC proceedings, and the integration of robotics in manufacturing, yields high quality products that are worthy of your trust. With our unwavering belief in innovation, smart technologies and trust-based relationships with our customers, we intend to continue providing revolutionary scientific products.
Tarsons Products IPO Objectives
- Repayment/prepayment of all or certain of company’s borrowings;
- Funding a part of the capital expenditure for new manufacturing facility at Panchla, West Bengal (proposed expansion) and;
- General corporate purposes
Tarsons Products LTD IPO Prospectus
Tarsons Products LTD Company Promoters:
- Sanjive Sehgal
- Rohan Sehgal
Tarsons Products IPO Registrar:
KFin Technologies Private Limited
Selenium Tower-B,
Plot 31 & 32, Financial District,
Nanakramguda, Serilingampally,
Hyderabad, Telangana 500032, India
Tel: (91 40) 6716 2222, 1800 309 4001
E-mail: tarsonsproducts.ipo@kfintech.com
Investor Grievance e-mail: Einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M. Murali Krishna
SEBI Registration Number: INR000000221
Tarsons Products IPO Lead Managers:
- ICICI Securities Limited
- Edelweiss Financial Services Limited
- SBI Capital Markets Limited
Tarsons Products Company Address:
Tarsons Products Limited
Martin Burn Buisness Park,
Room No. 902 BP- 3, Salt Lake,
Sector- V, Kolkata 700091,
West Bengal, India
Tel: +91 33 3522 0300
Website: www.tarsons.com
Contact Person: Piyush Khater
Company Secretary and Compliance Officer
E-mail: piyush@tarsons.in