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Tarsons Products IPO

IPO Status: Closed [15th Nov 2021 to 17th Nov 2021]

Rated 4 stars Rated 4/5 by Team TopShareBrokers
Tarsons Products IPO Detail

Tarsons Products IPO comprising a fresh issue of Rs. 1023.84 Cr to hit the market soon to list on the BSE and NSE platform. The IPO opens for subscription from 15 Nov to 17 Nov 2021. The IPO price band is fixed at Rs. 635-662 and one can apply for the bid lot of 22 shares. A discount of Rs. 61 is offered to eligible employees under the employee's reservation. Stay updated with us to know more about the Tarsons Products IPO including issue size, minimum order amount, business overview, company financials, live subscription, allotment status, and more.

Tarsons Products IPO Details

IPO Issue Opening Date: 15th Nov 2021
IPO Issue Closing Date: 17th Nov 2021
IPO Issue Price: ₹635-662
IPO Listing At: BSE, NSE
IPO Category: Mainline
IPO Issue Type: Book Built Issue IPO
IPO Issue Size: ₹1023.84
Offer for Sale: ₹873.84 Cr
Fresh Issue: ₹150 Cr.
Face Value: ₹2 Per Equity Share
IPO Discount: Employee: ₹61
Market Lot: 22 Shares
Min Retail Qty: 22 shares(1 lot)
Max Retail Qty: 286 shares(13 lots)
Promoter Holding Pre IPO: TBD
Promoter Holding Post IPO: TBD
Retail Quota: 50.28%
BSE Code: 543399
NSE Code: TARSONS
IPO Live GMP IPO Live GMP

Tarsons Products IPO Important Dates

In this section we have covered all important dates related to Tarsons Products IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Tarsons Products IPO important dates
IPO Activity Date
IPO Issue Open 15th Nov 2021
IPO Issue Close 17th Nov 2021
Basis of Allotment Finalisation Date* 23rd Nov 2021
Refunds Initiation* 24th Nov 2021
Credit of Shares to Demat Account* 25th Nov 2021
IPO Listing Date* 26th Nov 2021

* - Tentative Dates

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About Company - Tarsons Products

Tarsons Products Limited is a leading Indian life sciences company engaged in the business of designing, developing, manufacturing, and marketing consumables, reusables, and others i.e. benchmark equipment that is used in different laboratories. The company manufactures a range of quality labware products with over 1700 SKUs across 300 products. Its consumables category products include centrifuge ware, cryogenic ware, liquid handling, PCR consumables, transfer pipettes, while the reusable category includes products i.e. bottles, carboys, beakers, cylinders, tube racks, etc. Currently, the firm has 5 vertically integrated manufacturing facilities in West Bengal.

Incorporation Sector IPO Issue Size Website
1983 Healthcare ₹1023.84 http://www.tarsons.com/

Tarsons Products IPO Objective

The IPO proceeds will be utilized for the following purposes;

  1. To make repayment and/or prepayment of the company's borrowings.
  2. Funding capital expenditures to set up a new manufacturing facility at Panchla, West Bengal
  3. Meet general corporate purposes.

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Tarsons Products IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 3,081,172 Shares
  • Non-Institutional Investors: 2,310,880 Shares
  • Retail Individual Investor: 5,392,052 Shares
  • Employees Quota: 60,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered3,081,172 (28.41%)2,310,880 (21.31%)5,392,052 (49.72%)60,00010,844,104
115th Nov 2021 17:020.00x0.17x2.12x0.41x1.09x
216th Nov 2021 17:021.30x3.98x4.74x1.08x3.58x
317th Nov 2021 17:02115.77x184.58x10.56x1.83x77.49x

Tarsons Products Financials for past 3 Years

Past performance and financial results of Tarsons Products.

Tarsons Products financial
Tarsons Products Financials (₹ in Cr) 30-Jun-2021 31-Mar-2021 31-Mar-2020 31-Mar-2019
Total Assets ₹364.77 ₹295.95 ₹248.71 ₹211.96
Total Income ₹71.13 ₹234.29 ₹180.05 ₹184.72
Net Profit/Loss ₹24.83 ₹68.87 ₹40.53 ₹38.96

Tarsons Products IPO Strengths

  • Leading player in the plastic labware market in India.
  • Leading Indian company in the life science sector with strong brand recognition.
  • Global market presence as supply products to 40+ countries all over the world.
  • Diversified product portfolio including consumables, reusables, and others.
  • Well-equipped and automated manufacturing facilities.
  • Experienced promoters and managerial team.

Tarsons Products IPO Threats/Weaknesses

  • Ongoing COVID-19 pandemic can have a significant impact on manufacturing activities, revenues, and financials.
  • Geographically concentrated manufacturing facilities in West Bengal.
  • Dependency over sales distribution network in the domestic and overseas market.
  • Competition from multinational companies may result in loss of customers, and market share.

Tarsons Products IPO DRHP >>Document

Tarsons Products IPO RHP >>Document

Tarsons Products IPO Allotment Status >>Link

Company Address

Tarsons Products Limited
Martin Burn Buisness Park, Room No. 902 BP- 3, Salt Lake, Sector- V,
Kolkata,West Bengal-700091
India
Website: http://www.tarsons.com/
Phone: +91 33 3522 0300
Email: [email protected]

Tarsons Products IPO Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://karisma.kfintech.com/
Phone: 04067162222, 04079611000
Email: [email protected]

Tarsons Products IPO Lead Manager

  1. ICICI Securities Limited
  2. SBI Capital Markets Limited
  3. Edelweiss Financial Services Ltd
Tarsons Products IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Tarsons Products? Should I apply in Tarsons Products IPO?

Last Updated on 2021-11-30T10:01:14+00:00


User Reviews

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6. raju Nov 15 2021 01:45:45 PM Reply
I have fear about westbengal company
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5. Rajiv Nov 08 2021 09:13:35 PM Reply
Tarsons Products IPO expected listing gain.
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4. Ghanashyam Ray Nov 08 2021 09:13:35 PM Reply
Please confirm Tarsons Products IPO GMP (grey market premium) and kostak.
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3. Sujata Padhy Nov 08 2021 09:13:35 PM Reply
Tarsons Products IPO good or bad.
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2. Prabin Kumar Padhy Nov 08 2021 09:13:35 PM Reply
Tarsons Products IPO whether to invest or not.
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1. sameer attar Nov 08 2021 09:13:35 PM Reply
Tarsons Products IPO - CRISIL Rating, Apply or not?.