Tarsons Products Limited IPO

Tarsons Products Limited IPO Review

Tarsons is a leading Indian life sciences company that designs, develops, manufactures, and markets ‘consumables,”reusables,’ and ‘others,’ including benchtop equipment, for use in research organisations, academia institutes, pharmaceutical companies, Contract Research Organizations (“CROs”), Diagnostic companies, and hospitals.

The firm manufactures a variety of high-quality labware products that aid in scientific research and healthcare improvement. It has a diverse product range with over 1,700 SKUs spanning 300 goods as of March 31, 2021. Its product offering is divided into three major categories: consumables, reusables, and durables.

Goods in the ‘Consumables’ category include centrifuge ware, cryogenic ware, liquid handling, PCR consumables and petri dishes, transfer pipettes, and others. Products in the ‘Reusables’ category contain bottles, carboys, beakers, testing cylinders, and tube racks. Benchtop instruments such as vortex shakers, centrifuges, pipettors, and others are included in the ‘Others’ category.

Its end clients span industries and include research organisations, academic institutions, pharmaceutical businesses, contract research organisations (CROs), diagnostic companies, and hospitals.

Subscription Dates15 – 17 November 2021
Price BandINR635 – 662 per share
Fresh issueINR150 crores
Offer For Sale13,200,000 shares (INR838.2 – 873.84 crore)
Total IPO sizeINR988.2 – 1,023.84 crore
Minimum bid (lot size)22 shares
Face Value INR2 per share
Retail Allocation35%
Listing OnNSE, BSE

 

FY2019

FY2020

FY2021

Q1 FY2022

Revenue

184.7

180.0

234.3

71.1

Expenses

128.9

126.9

141.9

37.8

Net income

39.0

40.5

68.9

24.8

Margin (%)

21.1

22.5

29.4

34.9

Earnings Per Share (EPS): INR13.43
Price/Earnings (PE ratio): 47.28 – 49.29
Return on Net Worth (RONW): 28.19%
Net Asset Value (NAV): INR47.65 per share

Date

Tarsons IPO GMP

Kostak

Subject to Sauda

Listing Performance of Tarsons Products Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain/Loss(%)

Tarsons Products Limited IPO

Nov 26, 2021

662

840

26.89

NSE : NA

ISIN CODE : NA 

BSE : NA

IPO Opening Date: 15 November 2021
IPO Closing Date: 17 November 2021
Finalisation of Basis of Allotment: 23 November 2021
Initiation of refunds: 24 November 2021
Transfer of shares to demat accounts: 25 November 2021
Listing Date: 26 November 2021
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon

Tarsons Products Limited
Martin Burn Buisness Park, Room No. 902 BP- 3, Salt Lake, Sector- V, Kolkata 700091
Phone: +91 33 3522 0300
Email: piyush@tarsons.in
Website: www.tarsons.com

KFin Technologies Private Limited 
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Category

Shares Offered

Day 1

Day 2

Day 3

QIB

    

NII

    

Retail

    

Employees

    

Total

    

Tarsons Products Limited IPO FAQ's

Tarsons Products Limited IPO is a main-board IPO of ₹[.] per equity shares of the face value of ₹2 aggregating up to ₹1,023.47 Crores. The issue is priced at ₹635 to ₹1662 per equity share. The minimum order quantity is 22 Shares. The initial public offering (IPO) date Nov 15, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.

 

The Tarsons Products Limited IPO opening date is Nov 15, 2021 and closing date is Nov 17, 2021.

Tarsons Products Limited IPO Market lot size is 22 Shares and the minimum order quantity is 22 Shares.

The Basis of Allotment for Tarsons Products Limited IPO will be done on Nov 23, 2021 and the allotted shares will be credited to your demat account by Nov 25, 2021. Check the Tarsons Products Limited IPO allotment status.

The Tarsons Products Limited IPO listing date is Nov 26, 2021.

Tarsons Products Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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