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.