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Open
15 Nov 2021
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Close
17 Nov 2021
3
Allotment
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Listing
Fri, Nov 26, 2021
Price Band
₹635 to ₹662
Issue Size
1,54,65,861 shares (agg. up to ₹1,024 Cr)
Lot Size
22 Shares
Listing Date
Fri, Nov 26, 2021
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 53.86x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 364.77 | 295.95 | 248.71 | 211.96 |
| Total Income | 71.13 | 234.29 | 180.05 | 184.72 |
| Profit After Tax | 24.84 | 68.87 | 40.53 | 38.96 |
| EBITDA | 38.74 | 108.82 | 73.41 | 77.64 |
| NET Worth | 268.96 | 244.34 | 197.57 | 135.27 |
| Reserves and Surplus | 258.77 | 244.15 | 197.37 | 135.08 |
| Total Borrowing | 64.49 | 33.50 | 36.00 | 64.76 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nureca Ltd. | Mainboard | ₹100.00 Cr | ₹400 | null | ₹645.75 | +61.44% | ₹279.79 (+2.33%) |
| Prevest Denpro Ltd. | SME | ₹26.61 Cr | ₹84 | 9.98 | ₹189.55 | +125.65% | ₹390.95 (+2.60%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of certain borrowings of our Company | 78.54 |
| 2 | Funding capital expenditure for the Proposed Expansion | 62.00 |
| 3 | General corporate purposes | 1.62 |
About Tarsons Products IPO
Tarsons Products Limited is a leading Indian life sciences company with more than three decades of experience in the production and supply of labware products. The company manufactures a range of quality labware products that helps advance scientific discovery and improve healthcare systems. The company's product portfolio is classified into three broad categories including consumables, reusables, and others. As of March 31, 2021, the company has a diversified product portfolio with over 1,700 SKUs across 300 products. Trason's products are used in various laboratories across research organizations, academic institutes, pharmaceutical companies, Contract Research Organizations (CRO), diagnostic companies, and hospitals. The company has many reputed institutes, medical labs, and hospitals as its key clients. Currently, the company has 5 manufacturing facilities located in West Bengal spread across approximately 20,000 sq. mts of area. The company has a strong distribution network across India comprising of over 141 authorized distributors as of March 31, 2021 and supplies its products to more than 40 countries. Competitive Strengths: Leading supplier of life sciences products Extens
Contact Details
Tarsons Products Ltd. AddressMartin Burn Buisness ParkRoom No.902 BP-3, Salt LakeSector-VKolkata, West Bengal, 700091+91 33 3522 0piyush@tarsons.inVisit Website