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%.

 
Tarsons Products Limited is a leading Indian life sciences company with more than three decades of experience in the production and supply of lab-ware 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, reusable, and others. As of March 31, 2021, the company has a diversified product portfolio with over 1,700 SKUs across 300 products.. Check out Tarsons Products IPO details.
 
Check out: Tarsons Products IPO and GMP details
 
 Tarsons-Products-logo-ipo 

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

The Tarsons Products IPO open date is  15 November 2021, and the close date is 17 November , 2021. The issue may list on 26 November 2021.
 
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:

The Latent View Analytics IPO minimum market lot is 22 shares with ₹14,564 application amount. The retail investors can apply up to 13 lots with 286 shares or ₹189,332 amounts.
 
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
 
Read Also:- 
 

Tarsons Products IPO Form:

How to apply the Tarsons Products IPO? You can apply for Tarsons Products IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Tarsons Products IPO in the Invest section. The other option is you can apply to Tarsons Products IPO via IPO forms download via NSE and BSE. Check out the Tarsons Products IPO forms – click NSE Forms & BSE Forms blank Tarsons Products IPO forms download, fill, and submit in your bank or with your broker.
 

Tarsons Products IPO Subscription Numbers

(Day 1)
 
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-logoTarsons 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

Tarsons Products IPO FAQs


What is Tarsons Products IPO?

Tarsons Products IPO is a main-board IPO. They are going to raise ₹- Crores via IPO. The issue price band is ₹- to ₹- per equity share. The IPO to be listed on BSE & NSE.

When Tarsons Products IPO will open?

The IPO is to open on 15 November 2021 for QIB, NII, and Retail Investors.

What is Tarsons Products IPO Investors Portion?

The investors’ portion for QIB 50%, NII 15%, and Retail 35%.

How to Apply the Tarsons Products IPO?

You can apply Tarsons Products IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Tarsons Products IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Tarsons Products”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Tarsons Products IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Tarsons Products”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

What is Tarsons Products IPO Size?

Tarsons Products IPO size is ₹- crores. The IPO comprises ₹125 crores of fresh issue and offer for sale of 12,500,000 equity shares.

What is Tarsons Products IPO Price Band?

Tarsons Products IPO Price Band is ₹- to ₹- per equity share.

What is Tarsons Products IPO Minimum and Maximum Lot Size?

The minimum bid is – shares with ₹- amount while maximum bid is – shares with .

What is Tarsons Products IPO Allotment Date?

Tarsons Products IPO allotment date is 23 November 2021.

What is Tarsons Products IPO Listing Date?

Tarsons Products IPO listing date is 26 November 2021. The IPO to list on BSE and NSE.

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