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Tara Chand Logistic Solutions Ltd IPO (Tara Chand Logistic IPO) Detail

Mar 13, 2018 - Mar 15, 2018

Incorporated in 2012, Tara Chand Logistic Solutions Ltd is engaged in providing logistic and supply chain services including transportation and warehousing, equipment rental and steel processing and distribution in India.

They offers their services to a broad range of industries which includes steel, urban and rural infrastructure, oil and gas, renewable energy etc.

Company's major clientele includes Reliance industries ltd, Larsen & Toubro ltd (seven Independent Companies), Steel Authority of India ltd, Rashtriya Ispat Nigam ltd, Oil and
Natural Gas Corporation ltd, Tata Projects ltd, Hindustan Construction Company ltd, Vedanta ltd, J Kumar Infraprojects ltd, NCC ltd, Welspun Corp, ITD Cementation India ltd, Bharat Heavy Electricals ltd, Gayatri Projects Ltd, Megha Engineering & Infrastructures ltd.

Company Promoters:

The Promoters of the Company are:

1. Vinay Kumar and
2. Ajay Kumar

Company Financials:

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 6,626.79 4,613.09 4,783.08 4,450.85 2,058.04
Total Revenue 5265.07 4621.68 3925.04 2397.71 2258.67
Profit After Tax 262.97 118.74 69.16 65.54 55.96

Objects of the Issue:

The object of the issue are to:

1. Repayment of Certain Secured Borrowings availed by the Company;
2. Purchase of Capital Equipment;
3. To meet working capital requirement;
4. General Corporate purposes;
5. Issue Expenses.

Tara Chand Logistic IPO Details

IPO DateMar 13, 2018 - Mar 15, 2018
Issue TypeFixed Price Issue IPO
Issue Size3,720,000 Eq Shares of ₹10
(aggregating up to ₹20.46 Cr)
Face Value₹10 Per Equity Share
IPO Price₹55 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME

Tara Chand Logistic IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹110,000
Maximum12000₹110,000

Tara Chand Logistic IPO Subscription Status (Bidding Detail)

Tara Chand Logistic IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,764,000

1,764,000

3,528,000

Mar 15, 2018 17:00

2.64x

2.88x

2.76x

Tara Chand Logistic IPO Prospectus

Tara Chand Logistic IPO Rating

99
4.0
Rating:Rated 4.0 stars

Vote Here ...

Tara Chand Logistic IPO Listing Date

Listing DateFriday, March 23, 2018
BSE Script Code
NSE SymbolTARACHAND
Listing In
ISININE555Z01012
IPO Price₹55 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹55.00
Open:₹49.00
Low:₹47.70
High:₹56.05
Last Trade:₹49.05
Volume:1,004,000

Tara Chand Logistic IPO Reviews / Ratings

Company Contact Information

Tara Chand Logistic Solutions Ltd
342 Industrial Area,
Phase I,
Chandigarh - 160002

Phone: +91-172-2650380
Email: info@tarachandindia.in
Website: http://www.tarachandindia.in

Tara Chand Logistic IPO Registrar

Sharex Dynamic (India) Pvt Ltd
   Unit 1, Luthra Ind. Premises,
   Safed Pool, Andheri - Kurla Road,
   Andheri (East), Mumbai - 400 072

Phone: +91- 22 - 2851 5606
Email: tclsl.ipo@sharexindia.in
Website: http://www.sharexindia.com

Tara Chand Logistic IPO Lead Manager(s)

Tara Chand Logistic IPO FAQs

  1. 1. What is Tara Chand Logistic IPO?

    Tara Chand Logistic IPO is a SME IPO of 3,720,000 equity shares of the face value of ₹10 aggregating up to ₹20.46 Crores.

    The issue price of the IPO is ₹55 Per Equity Share. The minimum order quantity is 2000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Mar 13, 2018 and closes on Mar 15, 2018.

    Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Tara Chand Logistic IPO will open?

    The Tara Chand Logistic IPO opens on Mar 13, 2018 and closes on Mar 15, 2018.

  3. 3. How to apply for Tara Chand Logistic IPO?

    Tara Chand Logistic IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Tara Chand Logistic IPO allotment?

    The finalization of Basis of Allotment for Tara Chand Logistic IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tara Chand Logistic IPO allotment status.

  5. 5. When is Tara Chand Logistic IPO listing date?

    The Tara Chand Logistic IPO listing date is on Friday, March 23, 2018, at NSE SME.
  6. 6. What is the lot size of Tara Chand Logistic IPO?

    Tara Chand Logistic IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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Tara Chand Logistic IPO Review / Comments

Satoria
74. Satoria  Mar 26, 2018 10:56
Should I become bear to compensate losses... you guys talking in terms of sentiment fair price of 30???
appy
74.1. appy  Mar 26, 2018 18:04
30 is the logical price
Satoria
73. Satoria  Mar 26, 2018 10:40
42 now... what ahould I do... hold for how many days...
Vimalkaria
72. Vimalkaria  Mar 25, 2018 11:37
Umangbhai
I have received a 1 lot.
I have not sold it at listing time so can I hold it for 6 months. OR
Sell it on Monday market.
rvr
71. rvr  Mar 24, 2018 19:51
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
happy to see 10% down...I think stil ot of people left to get hurt...no easy money in ipos....time gone...
IPOANALYSIS
70. IPOANALYSIS  Mar 23, 2018 19:58
see my message.listing at 51 but it even listed below 49rs.
where is share blaster he said i will run away but he is nowehere to be seen. he said i am acting negative on new ipo that have come through. i clearly said that take a call post listing if it stabilize.

at the moment, i am seeing good price stabilize in east india securities , angel fibers and uni info. buy these from secondary. dont buy any new sme ipo from primary market

9. IPOANALYSIS Mar 19, 2018 3:41:51 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
LISTING AT 51 RS.
avatar
39.1. share blaster Mar 19, 2018 3:53:07 PM IST I Like It. | Report Abuse
bhai man li apki bat ap company k bare me study kro phle
avatar
39.2. IPOANALYSIS Mar 19, 2018 4:27:33 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
wait for listing. it will be available at discount
tab bhi koi interested nahi hoga
lagta hai tumne galti se aaply kar diya.
sell kar dena opening mein warna ghata bad jayega
IPOANALYSIS
70.2. IPOANALYSIS  Mar 23, 2018 22:35
BHAI SO WHAT WAS USE TO APPLY THIS ONE WHEN ONE CAN EASILY GET AT 10 PC DISCOUNT. THIS WAS WHAT I MEANT TO SAY DO NOT APPLY IN PRIMARY NEW SME AND ALWAYS TAKE A CALL POST LISTING

SME DONT WORK ON MARKET CONDITION
CHECK MARVEL LISTING IT IS ABOVE ISSUE PRICE AND CLOSED AT 59 RS VS 57 RS.

IPOANALYSIS
70.3. IPOANALYSIS  Mar 23, 2018 22:37
NOT SURE AS SME WORK DIFFERENTLY BUT 90 PC CHANCE IS WHEN A STOCK GOES THAT DOWN IT DOES NOT RECOVER
ALSO I DONT LIKE CHANDIGARH BASED COMPANIES

I HAVE BOUGHT EAST INDIA SECURITIES, ANGEL FIBER AND UNINFO
THESE 3 STOCKS RE STILL HOVERING AROUND ISSUE PRICE AND CAN GAIN MOMENTUM.
Sinewave
69. Sinewave  Mar 23, 2018 19:00
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
On the same way like Sarveshvar.
All good rated SME hammered badly.
Managed SME are only able to sustain the issue price.
Active clothing is also a managed listing going on Monday 26.03.18

Experts analyse and give their views.
share blaster
68. share blaster  Mar 21, 2018 15:13
congrats for allotes
hit uc
IPOANALYSIS
68.1. IPOANALYSIS  Mar 23, 2018 12:21
Hahah yeh share blaster sabka paise doobayega
Upper circuit ki dream le raha tha. It is down 7 pc now. Same fate will happen to continental seeds also
IPOANALYSIS
67. IPOANALYSIS  Mar 23, 2018 11:28
Flop show.the other marvel decor doing much better. Sell it immediately to avoid losses
SAJAL SHETH
66. SAJAL SHETH  Mar 23, 2018 10:46
current price 54
Made High of 56.05 & Low of 49

issue price was 55.

Buy , HOLD or SELL ?

v for vendetta
66.1. v for vendetta  Mar 23, 2018 10:47
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Sell, if you want to save your capital.
v for vendetta
65. v for vendetta  Mar 23, 2018 10:46
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Good listing!!!
At least didn't go Sarveshwar way
IPOANALYSIS
64. IPOANALYSIS  Mar 23, 2018 10:25
Low of 49. Lol and people are still applying in new sme ipo. Where are people that said upper circuit. Sell this if given a chance.
IPOANALYSIS
63. IPOANALYSIS  Mar 23, 2018 01:22
SELL IT IMMEDIATELY AT WHATEVER PRICE ON OPENING
HUGE SELLING WILL BE THERE



Vimalkaria
62. Vimalkaria  Mar 22, 2018 20:21
Umang bhai
Review of listing hold/sell???
Umang and his ultrasonic uproar
62.1. Umang and his ultrasonic uproar  Mar 22, 2018 22:22
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Profit milta ho toh jarror book kar lena, don't wait for next day.
Umang ahd
61. Umang ahd  Mar 22, 2018 18:45
Fiar price of TSL is 72 rs..
So pl dont sell on first day..it will be buyer circuit..sell on monday..
This is good company with track record.
Also they hired IITian as their employee..
Vimalkaria
61.1. Vimalkaria  Mar 22, 2018 20:28
Thank you very much. Four your blessing
IPOANALYSIS
60. IPOANALYSIS  Mar 22, 2018 16:38
SELL ON LISTING IF GET A CHANCE.
STOCK HAS NOTHING GOOD FOR LONG TERM.
T.G.SHAH
59. T.G.SHAH  Mar 22, 2018 16:38
bhai....subject to su chale 6e
NB
58. NB  Mar 22, 2018 15:40
Listing T2T mein hoga ki 20 % circuit mein..?
GV
57. GV  Mar 22, 2018 15:28
Listing date ?
TheLearner
56. TheLearner  Mar 22, 2018 00:09
GOT 1/4 FEELING V V LUCKY
Satoria
55. Satoria  Mar 21, 2018 23:30
Searching at site saying that shares are allotted but not showing anywhere on hdfc sec ac, when is listing date
Jmj
55.1. Jmj  Mar 21, 2018 23:48
Share credit on 23 before 10am



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