Timescan Logistics (India) Limited IPO Review
The company is an ISO 9001:2015 certified company for Quality Management Services, providing services such as International Freight Forwarding, Customs Broker, Third Party Logistics (3PL), Warehousing, and Transportation. It offers transportation and freight-related services such as Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading/unloading, and unpacking of items to provide end-to-end solutions and other related value-added services to its customers.
It is now a member of World Cargo Alliance (WCA). World Cargo Alliance is the world’s largest and most powerful network of independent freight forwarders, which benefits members in global reach, networking and events, marketing and promotions, and so on. Every WCA member is also immediately insured by the industry’s most comprehensive and broad financial protection scheme.
Subscription Dates | 31 December 2021 – 4 January 2022 |
Price Band | INR 51 per share |
Fresh issue | 9,44,000 shares (INR 4.8 crore) |
Offer For Sale | Nil |
Total IPO size | 9,44,000 shares (INR 4.8 crore) |
Minimum bid (lot size) | 2,000 shares |
Face Value | INR 10 per share |
Retail Allocation | 50% |
Listing On | NSE Emerge |
FY2019 | FY2020 | |
Revenue | 6,393.4 | 6,509.8 |
Expenses | 6,259.1 | 6,355.8 |
Net income | 83.1 | 79.5 |
FY2021 | Q1 FY2022 | |
Revenue | 9,976.5 | 2,724.1 |
Expenses | 9,746.2 | 2,642.3 |
Net income | 124.9 | 40.9 |
Earnings Per Share (EPS): INR 4.90
Price/Earnings (PE ratio): 10.41
Return on Net Worth (RONW): 22.43%
Net Asset Value (NAV): INR 21.83 per share
Listing Performance of Timescan Logistics (India) Limited IPO
Listed On : Jan 12, 2022
Issue Price : 51
Listing day Close : 86.1
Listing Day Gain : 68.82%
NSE : TIMESCAN
ISIN CODE : INE0IJY01014
BSE : NA
Dilip Davda – May apply
IPO Opening Date | 31 December 2021 |
IPO Closing Date | 4 January 2022 |
Finalisation of Basis of Allotment | 7 January 2022 |
Initiation of refunds | 10 January 2022 |
Transfer of shares to demat accounts | 11 January 2022 |
Listing Date | 12 January 2022 |
Opening Price on NSE | INR82 per share (up 60.78% from IPO price) |
Closing Price on NSE | INR86.1 per share (up 68.82% from IPO price) |
Timescan Logistics (India) Private Limited
Rajah Annamalai Buildings,
Annex 3rd Floor, 18/3,
Rukmani Lakshmipathy Road,
(Marshalls Road), Egmore,
Chennai – 600 008
Phone: 044 – 4356 6000
Email: cs@timescan.in
Website: www.timescan.in
Cameo Corporate Services Limited
Subramanian Building,
1 Club House Road,
Chennai-600 002
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email: cameo@cameoindia.com
Website: www.cameoindia.com
Category | Non-retail | Retail | Total |
Shares Offered | 4,72,000 | 4,72,000 | 9,44,000 |
Day 1 | 1.51 | 1.62 | 1.57 |
Day 2 | 2.32 | 14.21 | 8.26 |
Day 3 | 134.19 | 85.75 | 109.97 |
Timescan Logistics (India) Limited IPO FAQ's
The Timescan Logistics IPO is a NSE SME IPO of ₹51 per equity share with a face value of 10 per equity share.
The issue size is priced at 944,000 equity shares of ₹10 (aggregating up to ₹4.81 Crore). The fresh issue size priced at 944, 000 equity shares of ₹10( aggregating up to ₹4.81 Crore).
The initial public offering (IPO) begins on Dec 31, 2021 and ends on Jan 4th, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Timescan Logistics IPO opens on Dec 31, 2021 and closes on Jan 4th, 2022. The IPO Issue date may list on Jan 12, 2022.
Timescan Logistics IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
The finalization of Basis of Allotment for Timescan Logistics IPO will be done on Jan 7, 2022. and the allotted shares will be credited to your demat account by Jan 11, 2022. Check the Timescan Logistics IPO status.
The Timescan Logistics IPO listing date is on Jan 12, 2022.
Timescan Logistics IPO applications 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.
Timescan Logistics (India) Limited IPO Comments
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