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Tarsons Products IPO Details

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Tarsons Products IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

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

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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

DateDetails
July 5, 1983The company was incorporated as ‘Tarsons Products Private Limited’ at Kolkata, West Bengal, India as a private limited company
May 10, 2021The 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

DetailsTarsons IPO Details
Public IssueInitial 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  Date15-Nov-21
Issue Close Date17-Nov-21
Issue TypeBook Building
IPO Price Band₹ 635 – ₹ 662
Face Value ₹ 2
Discount to Employee Reservation CategoryRs.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 InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolTARSONS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Tarsons Products IPO DRHP & RHP

Tarsons Products IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum122 ₹ 14,564
Maximum13286 ₹ 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

DetailsDate
Bid / Offer Opens on15-Nov-21
Bid / Offer Closes on17-Nov-21
Finalisation of Basis of Allotment23-Nov-21
Initiation of refunds 24-Nov-21
Credit of the Equity Shares25-Nov-21
Listing Date26-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?

Check the step by step process here – Click here

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