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IPO Status: Listed [15th Nov 2021 to 17th Nov 2021]
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.
| IPO Issue Opening Date: | 15th Nov 2021 |
| IPO Issue Closing Date: | 17th Nov 2021 |
| IPO Issue Price: | ₹635-662 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 50.28 |
| IPO Issue Type: | Book Build Issue |
| 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 |
| Promoter Holding Pre IPO: | TBD |
| Promoter Holding Post IPO: | TBD |
| Allotment Status: | Allotment Status |
| BSE Code: | 543399 |
| NSE Code: | TARSONS |
Get important updates regarding Tarsons Products IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 23rd Nov 2021 |
| Refunds Initiation* | 24th Nov 2021 |
| Credit of Shares to Demat* | 25th Nov 2021 |
| IPO Listing Date* | 26th Nov 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹635-662 |
| Market Lot: | 22 Shares |
| 1 Lot Amount: | ₹14564 |
| Min Small HNI Lots(2-10 Lakh): | 308 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 26-11-2021 | 662 | 180 | -- | ₹842 (27.19%) | 26-Nov-2021 8:58 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
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/ |
The IPO proceeds will be utilized for the following purposes;
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | EMP | Total | |
|---|---|---|---|---|---|---|
| # of Shares Offered | 3,081,172 (28.41%) | 2,310,880 (21.31%) | 5,392,052 (49.72%) | 60,000 | 10,844,104 | |
| 1 | 15th Nov 2021 17:02 | 0.00x | 0.17x | 2.12x | 0.41x | 1.09x |
| 2 | 16th Nov 2021 17:02 | 1.30x | 3.98x | 4.74x | 1.08x | 3.58x |
| 3 | 17th Nov 2021 17:02 | 115.77x | 184.58x | 10.56x | 1.83x | 77.49x |
| 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 |
Last Updated on 30-Nov-2021 10:01:14
