Timescan Logistics IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Timescan Logistics
- Important Details – Timescan Logistics
- Objects of the Issue
- Timescan Logistics Limited Financials:
- Timescan Logistics IPO Price – Details
- Timescan IPO DRHP & RHP
- Timescan IPO Lot Size
- Timescan IPO Lead Managers
- Timescan IPO Registrar
- Timescan IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Timescan Logistics IPO – FAQS
About Timescan Logistics
Timescan Logistics into the business of Logistics involving land, air and sea transportation as Multimodal Transport Operator and Third-Party Logistics Provider.
Timescan Logistics (India) Limited, is an ISO 9001:2015 certified company for Quality Management Services for providing services namely International Freight Forwarding, Customs Broker, Third Party Logistics (3PL), Warehousing and Transportation services. The company has been registered as Custom House Broker with Custom Office – Chennai, Custom Office – Vijayawada and Custom office – Mundra under Department of Revenue, Ministry of Finance and authorised to transact business as Custom Broker all over India by the Custom Office, Chennai under Department of Revenue, Ministry of Finance.
Timescan Logistics also registered as a Multimodal Transport Operator under the Multimodal Transportation of Goods Act, 1993 to carry on/commence the business of Multimodal transportation under the Directorate General of Shipping, Ministry of Shipping, Government of India. The company also having approx. 16,354 Sqft warehouse taken on long term lease Under Free Trade Warehousing Zone of JMD Chennai SEZ.
Important Details – Timescan Logistics
| Date | Details |
|---|---|
| October 19, 2006 | The company was originally incorporated as “Timescan Logistics Private Limited” in Tamil Nadu, Chennai. |
| May 28, 2012 | The name of the company changed to “Timescan Logistics (India) Private Limited” |
| July 02, 2021 | The company was converted into Public Limited Company consequent upon conversion from Private Limited to Public Company the name of the company changed to “Timescan Logistics (India) Limited”. |
Objects of the Issue
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
Timescan Logistics Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,045.32 | 1,483.43 | 1,396.80 |
| Total income | 9,976.46 | 6,509.76 | 6,393.44 |
| Total Expenses | 9,746.13 | 6,355.75 | 6,259.10 |
| Profit After Tax | 124.91 | 79.50 | 83.07 |
Timescan Logistics IPO Price – Details
| Description | TIMESCAN IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 9,44,000 equity shares of ₹ 10 (aggregating up to ₹ 481.44 lakhs) |
| Issue Open Date | 31-Dec-21 |
| Issue Close Date | 04-Jan-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 51 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | TIMESCAN |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Timescan IPO DRHP & RHP
Timescan IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,02,000 |
| Maximum | 1 | 2000 | ₹ 1,02,000 |
Timescan IPO Lead Managers
- Finshore Management Services Ltd
Timescan IPO Registrar
- Cameo Corporate Services Ltd
Timescan IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 31-Dec-21 |
| Bid / Offer Closes on | 04-Jan-22 |
| Finalisation of Basis of Allotment | 07-Jan-22 |
| Initiation of refunds | 10-Jan-22 |
| Credit of the Equity Shares | 11-Jan-22 |
| Listing Date | 12-Jan-22 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) |
P/E Ratio |
NAV, as on March 31, 2021 (₹ per share) |
|---|---|---|---|---|
| Timescan Logistics (India) Ltd | 10 | 4.90 | 10.41 | 21.83 |
| ABC India Limited | 10 | 4.60 | 23.50 | 63.50 |
| Maheshwari Logistics Limited | 10 | 3.10 | 28.30 | 46.90 |
| Ritco Logistics Limited | 10 | 2.50 | 17.00 | 43.90 |
| Frontline Corporation Limited | 10 | 2.20 | 8.20 | 14.30 |
Company Registered Office
Rajah Annamalai Buildings,
Annex 3rd Floor, 18/3,
Rukmani Lakshmipathy Road,
(Marshalls Road), Egmore,
Chennai – 600 008. India.
Website: www.timescan.in
Company Promoters
Mr. Moulana Taufeek Islam
Mrs Ayisha Beevi
Timescan Logistics IPO – FAQS
What is the Timescan Logistics IPO Price?
The Timescan Logistics IPO price band is 51 per share
When Timescan Logistics IPO will open?
The Timescan Logistics IPO opens on Dec 31, 2021 and closes on Jan 04, 2022
What is the lot size of Timescan Logistics IPO?
The Timescan Logistics IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for Timescan Logistics IPO?
The Registrar for Timescan Logistics IPO is Cameo Corporate Services Ltd
How to apply in Timescan Logistics IPO through UPI?
Check the step by step process here – Click here
How to apply in Timescan Logistics IPO through Zerodha?
Check the step by step process here – Click here
Follow us on Telegram for all the latest updates