Tarsons Products IPO Dates, Review, Price, IPO Allotment Details & Market Lot

Tarsons Products IPO date fixed, the IPO to hit the market on November 15, 2021. Tarsons Products IPO to raise Rs.1024 crores via IPO that comprises fresh issue of Rs.150 crores and offer for sale up-to Rs.13,200,000 equity shares of Rs.2 each. The retail quota is 35% with QIB 50% and HNI 15%.

arsons Products has more than three decades of experience in the science labware and plastic labware industry. They are leader in production and supply of laboratory plastic ware for use within molecular biology, cell culture, genomics, proteomics and immunology in India. The product range includes isposable plastic labware, centrifuge ware, cryo labware, liquid handling system and instruments. With  sound knowledge and expertise in plastic moulding the provide customized products as per the laboratory needs. Tarsons supply their products to healthcare, pharmaceutical, biotech, food and environment sectors globally.

Tarsons Products IPO offer details

Subscription Dates	15 – 17 November 2021
Price Band	INR635 – 662 per share
Fresh issue	INR150 crores
Offer For Sale	13,200,000 shares (INR838.2 – 873.84 crore)
Total IPO size	INR988.2 – 1,023.84 crore
Minimum bid (lot size)	22 shares
Face Value	INR2 per share
Retail Allocation	35%
Listing On	NSE, BSE

Tarsons Products IPO Market Lot

The Tarsons Products IPO minimum market lot is 22 shares with Rs.14,564 application amount. The retail investors can apply up-to 13 lots, 286 shares with Rs.189,332 application amount.

Minimum Lot Size: Minimum 22 Shares for 1 lot

Minimum Amount: Rs.14,564 for 1 lot

Maximum Lot Size: Maximum 286 Shares for 13 lot

Maximum Amount:Rs.189,332 for 13 lot

Listing Performance of Tarsons Products

IPO Opening Date: 15 November 2021
IPO Closing Date: 17 November 2021
Finalisation of Basis of Allotment: 23 November 2021
Initiation of refunds: 24 November 2021
Transfer of shares to demat accounts: 25 November 2021
Listing Date: 26 November 2021

Tarsons Products’ Financial Performance (in INR crore)

	FY2019	FY2020	FY2021	Q1 FY2022
Revenue	184.7	180.0	234.3	71.1
Expenses	128.9	126.9	141.9	37.8
Net income	39.0	40.5	68.9	24.8
Margin (%)	21.1	22.5	29.4	34.9

Company Promoters

• Sanjive Sehgal
• Rohan Sehgal

Tarsons Products IPO Registrar

KFin Technologies Private Limited (formerly known as
Karvy Fintech Private Limited)
Selenium Tower-B,
Plot 31 & 32, Financial District,
Nanakramguda, Serilingampally,
Hyderabad, Telangana 500032, India
Tel: (91 40) 6716 2222, 1800 309 4001
E-mail: tarsonsproducts.ipo@kfintech.com
Investor Grievance e-mail: Einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M. Murali Krishna
SEBI Registration Number: INR000000221

Note: Check Tarsons Products IPO allotment status on KFintech website allotment URL. Click Here

Tarsons Products IPO Lead Managers

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

Company Address

Tarsons Products Limited
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
Contact Person: Piyush Khater
Company Secretary and Compliance Officer
E-mail: piyush@tarsons.in