Tarsons Products IPO

Tarsons Products IPO

Tarsons Products IPO description – Tarsons 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 (“CROs”), Diagnostic companies and hospitals.

The company manufactures a range of quality labware products which helps advance scientific discovery and improve healthcare. As of 31 March 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 includes consumables, reusables, and others. ‘Consumables’ category includes products such as centrifuge ware, cryogenic ware, liquid handling, PCR consumables and petri dish, transfer pipettes and others. ‘Reusables’ category includes products such as bottles, carboys, beakers, measuring cylinders and tube racks. ‘Others’ category includes benchtop instrumentation such as vortex shakers, centrifuges pipettors and others.

Its end customers across sectors includes research organizations, academic institutions, pharmaceutical companies, CROs, diagnostic companies, and hospitals. Some of its customers are 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. The company has long-standing relationships with end customers as well as distributors.

Tarsons currently operates through its five manufacturing facilities located in West Bengal. These facilities are vertically integrated and equipped with automated support systems in order to maintain quality, increase productivity, and reduce costs.

Promoters of Tarsons Products – Sanjive Sehgal and Rohan Sehgal


Tarsons Products IPO offer details

Subscription DatesComing soon
Price Band Coming soon
Fresh issueINR150 crores
Offer For Sale13,200,000 shares
Total IPO size Coming soon
Minimum bid (lot size)Coming soon
Face Value INR2 per share
Retail Allocation35%
Listing OnNSE, BSE

Tarsons Products’ Financial Performance (in INR crore)

 FY2019FY2020FY2021
Revenue184.7180.0234.3
Expenses128.9126.9141.9
Net income39.040.568.9
Margin (%)21.122.529.4

More about Tarsons Products IPO Offer


Valuation of Tarsons Products (as of FY2021)

Earnings Per Share (EPS): INR13.43
Price/Earnings (PE ratio): Coming soon
Return on Net Worth (RONW): 28.19%
Net Asset Value (NAV): INR47.65 per share


Tarsons Products IPO GMP Daily Trend

DateTarsons IPO GMPKostakSubject to Sauda

Tarsons Products Offer Subscription Details (no. of times)

CategoryShares OfferedDay 1Day 2Day 3
QIB
NII
Retail
Employees
Total

Tarsons Products Offer Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
Canara Bank Securities –
Choice Broking –
Elite Wealth –
GEPL Capital –
Hem Securities –
ICICIdirect –
IDBI Capital –
KR Choksey –
Marwadi Financial Services –
Motilal Oswal –
Nirmal Bang –
Religare Broking –
Samco Securities –
SMC Global –
Ventura Securities –


Registrar of Tarsons IPO

KFin Technologies Private Limited 
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com


Tarsons Products Contact Details

Tarsons Products Limited
Martin Burn Buisness Park, Room No. 902 BP- 3, Salt Lake, Sector- V, Kolkata 700091
Phone: +91 33 3522 0300
Email: [email protected]
Website: www.tarsons.com


Tarsons IPO Allotment Status

Tarsons Products IPO allotment will be available on KFin Technologies’ website. Click on this link to get allotment status.


Listing Performance of Tarsons Products

IPO Opening Date: Coming soon
IPO Closing Date: Coming soon
Finalisation of Basis of Allotment: Coming soon
Initiation of refunds: Coming soon
Transfer of shares to demat accounts: Coming soon
Listing Date: Coming soon
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon


Tarsons IPO FAQs

How many shares HNIs and retail investors are entitled to in Tarsons Products IPO?

The investors’ portion for QIB-50%, NII-15%, and Retail-35%.

How to apply in Tarsons Products Public Offer?

The best way to apply in Tarsons Products IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Tarsons Products Offer Size?

Tarsons Products offer size is (yet to be updated) at the upper price band.

What is Tarsons Products IPO Price Band?

Tarsons Products IPO Price Band is yet to be updated.

What is the lot size of Tarsons IPO?

Tarsons Products IPO lot size and the minimum order is yet to be updated.

What is Tarsons Products IPO Allotment Date?

Tarsons IPO allotment date is yet to be updated. The allotted shares will be credited to demat account by yet to be updated.

LEAVE A REPLY

Please enter your comment!
Please enter your name here