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    « Latent IPO : Listed at Rs. 530
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    Tarsons IPO : Listing Estimate
    November 25, 2021 admin 13 comment
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    Tarsons Products IPO analysis @ Chanakyanipothi.com , India`s Oldest & most Trusted Investment Blog.Operational since 8th December 1999, We are the Only Investment Platform in India, which has successfully completed 21 Years

    Tarsons Products IPO Listing : The scrip will list on 26 November 2021. The Market at the time of listing is expected to be in green zone. The company has sound fundamentals, somewhat unique product portfolio & steady Grey Market trend .All these factors are expected to bring profitable listing for this IPO. the Scrip is expected to list at Rs. 840 and during the intraday, it expected to show high of Rs. 860

    Tarsons Products IPO Guidance : The company has unique product portfolio and very strong and consistent profit track-record.  The Offer price is also reasonable and not exhorbitant.  Grey Market is also showing good fancy for this IPO. Considering all these factors, We suggest to apply in this IPO with Full Force ( FF)

    Tarsons Products Grey Market News Today #
    On 26 Nov 2021 
    Grey Market Premium Rs. 160
    Lageli Application Rates Rs. 3500

    Tarsons Products Subscription Trend
    On 17 Nov 2021 @ 5.00 pm

    QIB 3081172 Sh  115.77 T
    NII 2310880 Sh  : 184.58 T
    Interest cost @ 8.5% Rs.200
    RII 5392052 Sh : 10.56 T
    Tot: 10844104 Sh : 77.49 T

    Tarsons Products Company Details
    Tarsons Products ( TP) is a leading Indian life sciences 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 , Diagnostic companies and hospitals
    It manufactures a range of quality labware products which helps advance scientific discovery and improve healthcare . As of March 31, 2021, it had a diversified product portfolio with over 1,700 SKUs across 300 products. Its product portfolio is classified into three key categories which include consumables, reusables, and others.
    It caters to a diverse range of end customers across various sectors which include research organizations, academic institutions, pharmaceutical companies, CROs, diagnostic companies, and hospitals. Some of its end customers include customers such as Indian Institute of Chemical Technology, National Centre for Biological Sciences across academic institutes and research organizations; Dr Reddy’s Laboratories, Enzene Biosciences across pharmaceutical sectors; Syngene International, Veeda Clinical Research across CROs; and Molbio Diagnostics, Agappe Diagnostic, Metropolis Healthcare, Dr. Lal Path Labs, Mylab Life Solutions across other sectors such as diagnostics.
    TP currently operates through its five manufacturing facilities located in West Bengal. These facilities are vertically integrated and equipped with automated support systems For more information, click : www.tarsons.com

    The promoters of Tarsons Products
    Sanjive Sehgal & Rohan Sehgal
    .
    Tarsons Products IPO Main Objects
    The Offer comprises of the Fresh Issue and Offer for Sale.
    The Company proposes to utilise the Net Proceeds towards funding of the Repayment/prepayment of all or certain of its borrowings;

    Tarsons Products IPO Details
    IPO Opens on 15 Nov 2021
    IPO Closes on 17 Nov 2021
    Issue Type: Book Built Issue IPO
    Issue : up to 15465861 Shares /Rs 1023.84 Crore
    1) Fresh Issue up to 2265861 Shares/ Rs. 150 Cr
    2)Offer for Sale Up to o 13,200,000 Sh./ Rs 873.84 Cr
    Equity Shares Prior to the Offer : 50,940,420 Equity Shares

    Face Value per share : Rs. 2

    Tarsons Products IPO Price Band Per Equity Share: Rs. 635/662
    Tarsons Products IPO Retail Lot Size 22 Shares
    Tarsons Products Listing will at BSE,NSE
    Min. Retail Application : 22 Sh  Rs. 14564
    Max. Retail Applicaation : 286 Sh, Rs. 189332

    Shares offered to
    QIB (50%) 7702930 Sh = Rs 509.94 Cr
    NII (15%) 2310879 Sh = Rs 152.98 Cr
    RII (35%) 5392051 Sh = Rs 356.95 Cr
    Emp 60000 Sh  Rs 3.97 Cr
    Lot size : 22 Shares = 245093 Forms

    Tarsons Products IPO Tentative timeTable
    Tarsons Products IPO Allotment on 23 Nov 2021
    Unblocking of ASBA 24 Nov 2021
    Credit to Demat Accounts 25 Nov 2021
    Tarsons Products Listing on 26 Nov 2021

    Tarsons Products IPO Financial Details :
    Earnings per Share 2019-20 Rs 7.94
    Earnings per Share 2020-21,Rs 13.43
    Book Value of the Share as on 31.3.2021 Rs 47.65
    Return on Net Worth: 19-20 20.51 %
    Return on Net Worth: 20-21: 28.19 %
    Upper Price Band/last EPS: 49.29
    Upper offer price/Book Value Ratio : 13.89
    Tarsons Products IPO Peer Comparison:
    There are no listed entities whose business portfolio is comparable with that of its business

    Tarsons Products IPO Lead Managers 
    ICICI Securities,Edelweiss Financial Services, SBI Capital Markets
    Registrar to Tarsons Products IPO
    Kfin Technologies India Private Limited
    Registered Office of Tarsons Products
    Martin Burn Buisness Park, Room No. 902 BP- 3, Salt Lake, Sector- V, Kolkata
    Company Secretary and Compliance Officer Piyush Khater

    #This is only coverage of News related to Grey Market . We donot deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    « Latent IPO : Listed at Rs. 530
    Elin Electronics files IPO documents »

    13 Comments on “Tarsons IPO : Listing Estimate”

    1. Sagar November 26, 2021 at 9:49 am

      Chanakya’s predictions are going off these days…

      Reply ↓
    2. sanjeevkataria73 November 26, 2021 at 7:33 am

      Wich price listing

      Reply ↓
    3. Ashu Gupta November 25, 2021 at 7:06 pm

      All the best for all lucky alloties. Tomorrow its list near about 850rs .Touch 900rs

      Reply ↓
    4. CHANDRAJIT SINGH THAKUR November 25, 2021 at 5:31 pm

      I AM LUCKY TO BE ALLOTTEE. HOPING GOOD LISTING TOMORROW.

      Reply ↓
    5. Nora November 25, 2021 at 12:21 am

      Kusu kusu

      Reply ↓
    6. Ashu Gupta November 24, 2021 at 10:06 pm

      It’s list near about 860rs it may touch 950rs

      Reply ↓
    7. Sohini Reddy November 24, 2021 at 11:14 am

      Should we hold or sell on listing

      Reply ↓
    8. ANANT CHAURASIA November 23, 2021 at 5:01 pm

      Very good review and analysis detailing all information in brief.

      Reply ↓
    9. ARCHANA SINGH November 22, 2021 at 3:38 pm

      Please make people aware about your self……..

      Reply ↓
    10. Aman November 19, 2021 at 4:04 pm

      GMP is getting down. Hoping for good listing as still 7 days left.

      Reply ↓
    11. Punit Kumar Verma November 19, 2021 at 7:01 am

      Good 280

      Reply ↓
    12. Ch Praneeth November 15, 2021 at 3:12 pm

      Initially there were expectations that response for this IPO will be good. But what is the reason that RII now is only 1.66x till almost D1? Something related to ~80% OFS and ~20% fresh issue?

      Reply ↓
    13. Jignesh Shah November 11, 2021 at 3:31 pm

      Good 250/-

      Reply ↓

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