Tarsons Products IPO price band, GMP, Allotment, Listing date and Price

Tarsons Products IPO details (15 – 17 Nov), (Price: 635 to 662)

Tarsons Products IPO price band, GMP, Allotment, Listing date and Price
Tarsons Products IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of Tarsons Products IPO:

  1. Tarsons Products IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Tarsons Products IPO on NSE – Click Here
  3. Listing Price of Tarsons Products IPO on BSE – Click Here

Grey Market premium (GMP) price of Tarsons Products IPO :

Grey Market premium (GMP) price of Tarsons Products IPO is Rs. 150. Grey Market premium (GMP) of Tarsons Products IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in) Check latest GMP of all IPOs.

Check the allotment status of Tarsons Products IPO on these three links given by Kfintech.

  1. Tarsons Products IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
  2. Tarsons Products IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
  3. Tarsons Products IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/

Tarsons Products IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.

KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.

  1. Download KPRISM app by KFin Tech.
  2. Select IPO Status (No need to do login or register to check IPO allotment)
  3. Select Tarsons Products IPO from the list.
  4. Enter Application Number or DPID Client ID or PAN, then Submit.
  5. The allotment status of Tarsons Products IPO, with no. of shares allotted will come.

Tarsons Products IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)EmployeesTotal No. of times applied
No. of shares offered30,81,17223,10,88053,92,05260,0001,08,44,104
Day 21.30x3.98x4.74x1.08x3.58x
Day 3115.77x184.58x10.56x1.83x77.49x
Tarsons Products IPO subscription status live

Tarsons Products IPO highlights:

Tarsons Products IPO bid Opens on 15 Nov 2021, Monday
Tarsons Products IPO bid Closes on17 Nov 2021, Wednesday
Post issue Modification Period18-Nov-2021 (10.00 – 11.00 am)
Cut-off time for UPI Mandate Confirmation18-Nov-2021 (upto 12:00 PM)
Issue type100% Book Building
Tarsons Products IPO issue size 1023.47 Cr
Face value of each equity shareRs. 2
Tarsons Products IPO Price bandRs. 635 to Rs. 662 per share
Tarsons Products IPO market lot22 equity and multiples of 22
Tarsons Products IPO minimum order quantity22 equity shares
Pre IPO equity share of promoters of Tarsons Products___%
Post IPO paid-up equity share of promoters of Tarsons Products___%
QIB portion reservation in Tarsons Products IPO50 %
NIB portion reservation in Tarsons Products IPO15 %
Retail portion reservation in Tarsons Products IPO35 %
Retail individual bidder can apply in Tarsons Products IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Tarsons Products IPONA
Employees can apply in Tarsons Products IPOup to 5 lakh (500,000)
Employees Reservation in Tarsons Products IPONA
Employees Discount in Tarsons Products IPO__ per equity share
Listing of Tarsons Products at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Tarsons ProductsNA
Registrar of Tarsons Products IPO issueKfin Tech Private Limited
Tarsons Products IPO highlights

Tarsons Products IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of Tarsons Products IPO are mentioned below.

Tarsons Products IPO opens on15.11.2021
Tarsons Products IPO Closes on17.11.2021
Allotment basis date of Tarsons Products IPO23.11.2021
Money refund date of Tarsons Products IPO24.11.2021
Shares of Tarsons Products in Demat Account25.11.2021
Tarsons Products IPO listing date on NSE, BSE26.11.2021
Tarsons Products IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Tarsons Products IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size 1023.47 Crore
Fresh Issue size 150 Crore
Offer for Sale (OFS) 873.47 Crore
Employee Reservation
No. of Equity shares offered of Tarsons Products IPO

Tarsons Products financial statements details:

31.03.202131.03.202031.03.2019
( million)( million)( million)
Total Assets2,959.502,487.062,119.58
Total Revenue2,342.911,800.541,847.19
Profit After Tax688.70405.31389.58
Tarsons Products financial statements details

IPO Red Herring Prospectus (RHP) of Tarsons Products:

Click here for IPO RHP of Tarsons Products on SEBI website.

Objectives of the Tarsons Products IPO Issue: (Source – RHP)

Objects of the Fresh Issue

Our Company proposes to utilise the Net Proceeds towards funding of the following objects:

1. Repayment/prepayment of all or certain of our borrowings;

2. Funding a part of the capital expenditure for the new manufacturing facility at Panchla, West Bengal (the “Proposed Expansion”); and

3. General corporate purposes.

Business of Tarsons Products: (Source – RHP)

We are 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 (Source: Frost & Sullivan Report).

We manufacture a range of quality labware products which helps advance scientific discovery and improve healthcare (Source: Frost & Sullivan Report). As of June 30, 2021 we had a diversified product portfolio with over 1,700 SKUs across 300 products. Our 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.

Go Back to – IPO Dashboard for other IPOs:

Disclaimer: Kindly verify from RHP and concerned company for any clarification.

If you liked this article, kindly share it on any platform, whatsapp, facebook, twitter, Linkedin etc. below to keep us motivated.

%d bloggers like this: