Tarsons Products Limited IPO Review, Date, GMP, Price, Lot Size, Apply

Summary of Tarsons Products IPO

  • Tarsons Products IPO will open on 15 Nov 2021
  • You can apply in this IPO from 15 Nov 2021 to 17 Nov 2021
  • Issue Price band of the company is 635 – 662 per equity share.
  • This IPO comprises fresh issue of 150 crores equity share and an offer for sale (OFS) of 1.32 crore equity shares from existing shareholders.
  • IPO has a minimum 22 shares in one lot and you have to spend ₹14564 for 1 lot.
  • Company is looking to raise ₹ 1,024 crore through this IPO.

Grey Market Premium of Tarsons Products IPO GMP

Grey market is an unregulated market to trade ipo shares before listing. Tarsons Products IPO price band is placed at ₹ 635 – ₹ 662 but the grey market premium of this share is currently 30% up i.e. at ₹ 200. So share price of Tarsons Products IPO in grey market is ₹ 862 (662 + 200).

Tarsons Products IPO Live Subscription Status

Tarsons IPO Subscribed 0.94 times. Retail category subscribed 1.85 times. QIB category subscribed 0.00 times and NII category subscribed 0.10 times.

What is Tarsons Products Limited ? Key Features of Tarsons Products Ltd

  • Tarsons Products Limited has more than 3 decades of experience in research and development of plastic labware and life science products.
  • Tarsons Products Limited presently manufactures disposable plastic labware, centrifuge ware, cryo labware, liquid handling system and instruments etc.
  • Currently the company has a diverse range of products with over 1,700 SKU across 300 products.
  • Their products are used in research organisations, academic institutes, pharmaceutical firms, diagnostic companies, food companies and hospitals.
  • Sanjive Sehgal is the chairman and MD of Tarsons Products Limited.
  • The company is based out of West Bengal with 5 manufacturing units.
  • They have 8 anchor investors namely Sundaram MF, Aditya Birla Sun Life MF, Edelweiss MF, Reliance General Insurance Company, ICICI Prudential Mutual Fund, Abu Dhabi Investment Authority, Government of Singapore & Monetary Authority of Singapore
  • Tarsons Products Limited have strong customer base which includes Godrej, Himalaya, Hindustan Unilever Limited, Lupin, Mankind, Nestle, Patanjali, Sun Pharma, Ranbaxy Laboratories, Emami Limited, ICAR, Mead Johnson Nutrition, University of Oxford, Anchor, CPF, Fudan University etc.
  • Company has posted good growth numbers and revenue in the last three years which is a very positive sign.

Tarsons Products Limited IPO Conditions to know before Investing, IPO Date, Lot Size, Allotment

IPO Start Date15 November 2021
IPO Close Date17 November 2021
Share Allotment Date23 November 2021
Refunds Date24 November 2021
Credit to Demat Account Date25 November 2021
IPO Listing Date26 November 2021
Fresh Equity Share IssueApprox ₹ 150 Crores
Offer For Sale (OFS) Equity ShareApprox 13,200,000 Equity Share
Face Value₹ 2 Per Equity Share
Price Band₹ 635 – ₹ 662 Per Equity Share
Retail Quota35%
QIB Quota50%
NII Quota15%
Listing onNSE & BSE
Minimum Lot Size22 Share in 1 Lot
Minimum Amount₹ 14,564 For 1 Lot
Maximum Lot Size286 Shares (13 Lot)
Maximum Amount₹ 189,332 (For 13 Lot)
Employee Discount₹ 61 Per Equity Share
Tarsons Products Limited IPO Conditions to Apply

How to Apply in Tarsons Products IPO

  • You can apply for the Tarsons Products IPO through the ASBA facility available in your bank account.
  • Just login to your online banking. GO to the IPO section and apply for Tarsons Products Limited IPO
  • Also you can apply this IPO through your trading account
  • One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
  • After downloading forms, fill it properly and submit it to the respective banks or to your broker.

Tarsons Products Financial Report of 2019,2020 & 2021

Company has reported good results and figures from the last three financial years which is good news for investors.

AssetsRevenueExpensePAT (Profit After Tax)
2019₹ 212₹ 185₹ 129₹ 38.96
2020₹ 249₹ 180₹ 127₹ 40.53
2021₹ 296₹ 234₹ 142₹ 68.87
Tarsons Products Financial Report (Figures in Crores)

How Much Quota is Reserved for Retail Investors, QIB, NII in Tarsons Products IPO ?

Tarsons Products IPO’s 50% quota is reserved for the QIB category. 15% quota is reserved for NII Category and 35% quota is reserved for retail investors.

Tarsons Products Limited IPO Promoters

  • Sanjive Sehgal
  • Rohan Sehgal

Tarsons Products Limited IPO Lead Managers

  • ICICI Securities Limited
  • Edelweiss Financial Services Limited
  • SBI Capital Markets Limited

How to apply for the Tarsons Products Limited IPO through Zerodha?

  • Login to your console in Zerodha through desktop or app.
  • Then go to your portfolio and click on IPO.
  • You will see Tarsons Products Limited IPO.
  • Then click on the bid button.
  • Then enter your UPI ID, price and quantity (lot size)
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

How to apply for the Tarsons Products Limited IPO through Upstox?

  • Login to your Upstox account through desktop or app.
  • You will see the name Tarsons Products Limited IPO.
  • Then hit the bid button.
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

Read all about Paytm IPO Review in Detail

Allotment Status For Tarsons Products Limited IPO

I hope this helps you to understand Tarsons Products Limited IPO really well. If you have any question about this IPO, please comment below and we will get back to you immediately.

Leave a Comment