Tarsons Products IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Tarsons Products
- Important Details – Tarsons Products
- Objects of the Issue
- Tarsons Products Limited Financials:
- Tarsons IPO Price – Details
- Tarsons Products IPO DRHP & RHP
- Tarsons Products IPO Lot Size
- Tarsons Products IPO Lead Managers
- Tarsons Products IPO Registrar
- Tarsons Products IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered and Corporate Office
- Company Promoters
- Tarsons Products IPO – FAQS
About Tarsons Products
Tarsons Products is an Indian labware company engaged in the designing, development, manufacturing and marketing of ‘consumables’, ‘reusables’ and ‘others’ including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies, Contract Research Organizations (“CROs”), Diagnostic companies and hospitals
Tarsons Products manufacture a range of quality labware products which helps advance scientific discovery and improve healthcare. As of June 30, 2021 Tarsons had a diversified product portfolio with over 1,700 SKUs across 300 products.
The product portfolio is classified into three key categories which include consumables, reusables, and others.
‘Consumables’ category includes products such as centrifuge ware, cryogenic ware, liquid handling, PCR consumables and petri dish, transfer pipettes and others.
‘Reusables’ category includes products such as bottles, carboys, beakers, measuring cylinders and tube
racks.
‘Others’ category includes benchtop instrumentation such as vortex shakers, centrifuges pipettors and others.
Important Details – Tarsons Products
| Date | Details |
|---|---|
| July 5, 1983 | The company was incorporated as ‘Tarsons Products Private Limited’ at Kolkata, West Bengal, India as a private limited company |
| May 10, 2021 | The company was subsequently converted into a public limited company and the name of the company was changed to ‘Tarsons Products Limited’. |
Objects of the Issue
- Repayment/prepayment of all or certain of the borrowings;
- Funding a part of the capital expenditure for the new manufacturing facility at Panchla, West Bengal (the “Proposed Expansion”); and
- General corporate purpose
Tarsons Products Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in millions) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 2,959.50 | 2,487.06 | 2,119.58 |
| Total income | 2,342.91 | 1,800.54 | 1,847.19 |
| Total Expenses | 1,418.57 | 1,269.21 | 1,288.94 |
| Profit After Tax | 688.70 | 405.31 | 389.58 |
Tarsons IPO Price – Details
| Details | Tarsons IPO Details |
|---|---|
| Public Issue | Initial Public Offer of up to [.] Equity Shares of ₹ 2 aggregating upto ₹ 1,023.47 crore a comprising a fresh issue upto [.] equity shares aggregating upto ₹ 150.00 crore and offer for sale of 13,200,000 equity shares aggregating upto ₹ [.] crore |
| Issue Open Date | 15-Nov-21 |
| Issue Close Date | 17-Nov-21 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 635 – ₹ 662 |
| Face Value | ₹ 2 |
| Discount to Employee Reservation Category | Rs.61/- per Equity Share for Eligible Employees Category |
| Market Lot | 22 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 22 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | TARSONS |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Tarsons Products IPO DRHP & RHP
Tarsons Products IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 22 | ₹ 14,564 |
| Maximum | 13 | 286 | ₹ 1,89,332 |
Tarsons Products IPO Lead Managers
- ICICI Securities Limited
- Edelweiss Financial Services Limited
- SBI Capital Markets Limited
Tarsons Products IPO Registrar
Tarsons Products IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 15-Nov-21 |
| Bid / Offer Closes on | 17-Nov-21 |
| Finalisation of Basis of Allotment | 23-Nov-21 |
| Initiation of refunds | 24-Nov-21 |
| Credit of the Equity Shares | 25-Nov-21 |
| Listing Date | 26-Nov-21 |
Company Peers – Comparison of Accounting Ratios
There are no listed entities whose business portfolio is comparable with that of the business and comparable to the
scale of operations.
Company Registered and Corporate Office
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
Company Promoters
- Sanjive Sehgal
- Rohan Sehgal
Tarsons Products IPO – FAQS
What is the Tarsons IPO Price?
The Tarsons IPO price band is ₹ 635 – ₹ 662 per share
When Tarsons Products IPO will open?
The Tarsons Products IPO opens on Nov 15, 2021 and closes on Nov 17, 2021
What is the lot size of Tarsons Products IPO?
The Tarsons Products IPO lot size is 22 Equity Shares and the minimum order quantity is 22 Equity Shares
Who is the Registrar for Tarsons Products IPO?
The Registrar for Tarsons Products IPO is KFin Technologies Private Limited
How to apply in Tarsons Products IPO through UPI?
Check the step by step process here – Click here
How to apply in Tarsons Products IPO through Zerodha?
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