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Tarsons Products Ltd.

Tarsons Products Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹662
₹662
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹662
Based on GMP
Min. Investment
₹14,564
1 lot × 22 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
15 Nov 2021
Close Date
17 Nov 2021
Allotment
23 Nov 2021
Listing Date
26 Nov 2021
Exchange
NSE & BSE
Price Band
₹662
Listing Price
See chart
Allotment Status
Price Band
₹662
Per share
Face Value
₹2 per share
 
Lot Size
22 Shares
per lot
Issue Size
1,54,65,861 shares (aggregating up to ₹1,023.54 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,564
1 lot
Pre-IPO Holding
5,09,40,420 shares
Promoters
Post-IPO Holding
5,32,06,281 shares
Promoters
UPI Deadline
2021-11-17
Mandate
Anchor AllotmentFri, 12 Nov 2021
Basis of AllotmentTue, 23 Nov 2021
Refund InitiationWed, 24 Nov 2021
Demat CreditThu, 25 Nov 2021
Listing DayFri, 26 Nov 2021
UPI Mandate Deadline2021-11-17
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares22,65,862 shares (aggregating up to ₹149.96 Cr)
Offer for Sale1,31,99,999 shares of ₹2 (aggregating up to ₹873.58 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Tarsons Products Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 17 Nov 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
15,465,861
100% ₹1,023.84
IPO Shares Offered
Tarsons Products Ltd. IPO total issue size: ₹1,023.84 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 15,465,861 ₹1,023.84
100.00%
* Based on upper price band ₹662 per share
Lot Size & Investment
Lot Size
22
Shares per Lot
Issue Price
₹662.00
Upper Band
Min Investment
₹14,564
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)244₹29,128
Retail (Max — 13 Lots)13286₹189,332
S-HNI (Min — 14 Lots)14308₹203,896
B-HNI (Min — 69 Lots)691,518₹1,004,916
* Issue Price ₹662 × Lot Size 22 shares
IPO Schedule
Anchor
12 Nov 2021
✓ Done
IPO Open
15 Nov 2021
✓ Done
IPO Close
17 Nov 2021
✓ Done
Allotment
23 Nov 2021
✓ Done
Refunds
24 Nov 2021
✓ Done
Demat Credit
25 Nov 2021
✓ Done
Listing Day
26 Nov 2021
✓ Done
Tarsons Products Ltd. — Live Price LIVE
₹662.00
INR · BSE
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Issue ₹662.00 Live Price
About Tarsons Products Ltd.
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.Competitive Strengths:Leading supplier of life sciences productsExtensive product offeringLarge addressable market of life sciences industryWell-equipped and automated manufacturing facilitiesStrong sales and distribution networkExperienced Promoter backed by a strong management team
Objects of the Issue
1
1 Repayment/prepayment of certain borrowings of our Company
2
2 Funding capital expenditure for the Proposed Expansion
3
3 General corporate purposes
Tarsons Products Ltd. Financials (Amount in Crore)
Revenue from Operations
N/A
FY 2022-23
₹234.3
31-Mar-21
₹71.1
30-Jun-21
Profit After Tax (PAT)
N/A
FY 2022-23
₹68.9
31-Mar-21
₹24.8
30-Jun-21
Particulars30-Jun-2131-Mar-21FY 2022-23
Revenue from Operations 71.13 234.29 N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 24.84 68.87 N/A
Net Worth N/A N/A N/A
Total Assets 364.77 295.95 N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,54,65,861 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding5,09,40,420 shares
Post-Issue Promoter Holding5,32,06,281 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Edelweiss Financial Services Ltd.
ICICI Securities Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Tarsons Products Ltd. IPO subscribed?

Tarsons Products Ltd. IPO is subscribed 1.00 times by Nov 17, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Tarsons Products Ltd. IPO retail subscription status?

The Tarsons Products Ltd. IPO retail category is subscribed 1.00 times as of 17 Nov 2021. The retail portion is oversubscribed.

How to subscribe Tarsons Products Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 15 Nov 2021 and closes 17 Nov 2021. Min investment: ₹14,564 (1 lot = 22 shares). UPI mandate: 2021-11-17.

How many times Tarsons Products Ltd. IPO subscribed?

The Tarsons Products Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Tarsons Products Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Nov 2021. Refunds: on 24 Nov 2021.

When Tarsons Products Ltd. IPO will be listed?

The Tarsons Products Ltd. IPO listing date is 26 Nov 2021, Friday. Listed on: NSE & BSE. Issue price: ₹662. Estimated listing: ₹662. GMP: NIL.

When Tarsons Products Ltd. IPO close?

The Tarsons Products Ltd. IPO closes on 17 Nov 2021, Wednesday. UPI mandate: 2021-11-17. Allotment: 23 Nov 2021. Listing: 26 Nov 2021.