
TSC India IPO description – Established in 2003, TSC India is a travel management company that specializes in providing comprehensive air ticketing services tailored to meet the specific needs of its clients. The company primarily focuses on serving the B2B and corporate sectors. TSC collaborates closely with airlines and travel agents to offer cost-effective and streamlined travel solutions to end-user customers.
TSC’s operations encompass partnerships with a range of travel service providers, enabling it to manage various aspects of travel planning, including booking air tickets and organizing corporate travel itineraries. The company operates in multiple cities across India, including Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, reflecting its growing geographical presence.
Supported by a skilled team of more than 75 professionals, TSC has facilitated the sale of approximately 3,30,000 tickets over the past three years, catering primarily to retailers, tour operators, and corporate clients. As of 31 March 2025, the company has successfully registered over 2,996 customers on its platform, further underscoring its strong presence in the B2B travel market.

Promoters of TSC India – Mr. Ashish Kumar Mittal, Mrs. Puja Mittal, and Mr. Vinay Gupta
Table of Contents
TSC India IPO Details
| TSC India IPO Dates | 23 – 25 July 2025 |
| TSC India Issue Price | INR 68 – 70 per share |
| Fresh issue | 36,98,000 shares (INR 25.15 – 25.89 crore) |
| Offer For Sale | NIL |
| Total IPO size | 36,98,000 shares (INR 25.15 – 25.89 crore) |
| Minimum Bid | 4,000 shares (INR 2,80,000) |
| Lot Size | 2,000 shares (INR 1,40,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
TSC India Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 9.39 | 19.37 | 25.78 |
| Expenses | 7.03 | 12.41 | 17.57 |
| Net income | 1.22 | 4.72 | 4.93 |
TSC India Offer News
- TSC India RHP
- TSC India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
TSC India Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 2.54 | 9.83 | 5.07 |
| PE ratio | – | – | 13.41 – 13.81 |
| RONW (%) | 26.77 | 54.01 | 31.13 |
| NAV | 23.77 | 45.50 | 15.29 |
| ROCE (%) | 12.67 | 27.73 | 19.49 |
| EBITDA (%) | 29.98 | 42.28 | 33.96 |
TSC India IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
TSC India IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 7,02,000 | 5,28,000 | 12,30,000 | 24,60,000 |
| 25 Jul 2025 | 40.15 | 133.52 | 66.47 | 73.35 |
| 24 Jul 2025 | 1.02 | 2.13 | 2.06 | 1.78 |
| 23 Jul 2025 | 1.02 | 0.44 | 0.80 | 0.78 |
The market maker reservation portion of 1,86,000 shares and the anchor investors portion of 10,652,000 shares are not included in the above calculations.
TSC India IPO Allotment Status
TSC India IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
TSC India IPO Dates & Listing Performance
| IPO Opening Date | 23 July 2025 |
| IPO Closing Date | 25 July 2025 |
| Finalization of Basis of Allotment | 28 July 2025 |
| Initiation of refunds | 29 July 2025 |
| Transfer of shares to demat accounts | 29 July 2025 |
| IPO Listing Date | 30 July 2025 |
| Opening Price on NSE SME | INR 68 per share (down 2.86%) |
| Closing Price on NSE SME | INR 71.40 per share (up 2%) |
TSC India Offer Lead Manager
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: 91 11 4509 8234
Email: [email protected]
Website: www.expertglobal.in
TSC India Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 62638200
Email: [email protected]
Website: www.bigshareonline.com
TSC India Contact Details
TSC INDIA LIMITED
Office No. 3, 2nd Floor, Midland Financial Centre,
Plot No. 21-22, G.T. Road, Jalandhar, Punjab, India, 144001
Phone: +91-181-4288888
E-mail: [email protected]
Website: www.tscindialimited.com
IPO FAQs
What is the TSC India offer size?
TSC India offer size is INR 25.15 – 25.89 crores.
What is the TSC India offer price band?
TSC India public offer price is INR 68 – 70 per share.
What is the lot size of the TSC India IPO?
TSC India offer lot size is 2,000 shares.
What is TSC India IPO GMP today?
TSC India IPO GMP today is INR NA per share.
What is the TSC India kostak rate today?
TSC India kostak rate today is INR NA per application.
What is TSC India IPO Subject to Sauda rate today?
TSC India Subject to Sauda rate today is INR NA per application.




































