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 Opening DateMar 13, 2018
IPO Closing DateMar 15, 2018
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹55 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME
Issue Size3,720,000 Eq Shares of ₹10
(aggregating up to ₹20.46 Cr)

Tara Chand Logistic IPO Lot Size

The Tara Chand Logistic IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).

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

Tara Chand Logistic IPO Subscription Status (Bidding Detail)

The Tara Chand Logistic IPO is subscribed 2.76x times on Mar 15, 2018 17:00. The public issue subscribed 2.88x in the retail category, in the QIB category, and 2.64x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

2.64x

RII

2.88x

Total

2.76x

Tara Chand Logistic IPO Prospectus

Tara Chand Logistic IPO Rating

99
4.0
Rating:Rated 4.0 stars

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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. 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 is priced at ₹55 per equity share. The minimum order quantity is 2000 Shares.

    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. When Tara Chand Logistic IPO will open?

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

  3. 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.

  4. How to apply for Tara Chand Logistic IPO?

    You can apply in Tara Chand Logistic IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. 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.

  6. When is Tara Chand Logistic IPO listing date?

    The Tara Chand Logistic IPO listing date is on Friday, March 23, 2018.

Tara Chand Logistic IPO Message Board

Ranked Members  Ranked Members

Loading...
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???
74.1. appy |Mar 26, 2018 18:04
30 is the logical price
73. Satoria |Mar 26, 2018 10:40
42 now... what ahould I do... hold for how many days...
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.
71. rvr |Mar 24, 2018 19:51
happy to see 10% down...I think stil ot of people left to get hurt...no easy money in ipos....time gone...
70. IPOANALYSIS |Mar 23, 2018 19:58
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
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
70.2. IPOANALYSIS |Mar 23, 2018 22:35
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
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.

70.3. IPOANALYSIS |Mar 23, 2018 22:37
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
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.
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.
68. share blaster |Mar 21, 2018 15:13
congrats for allotes
hit uc
68.1. IPOANALYSIS |Mar 23, 2018 12:21
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
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
67. IPOANALYSIS |Mar 23, 2018 11:28
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Flop show.the other marvel decor doing much better. Sell it immediately to avoid losses
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 ?

66.1. v for vendetta |Mar 23, 2018 10:47
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Sell, if you want to save your capital.
65. v for vendetta |Mar 23, 2018 10:46
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Good listing!!!
At least didn't go Sarveshwar way
64. IPOANALYSIS |Mar 23, 2018 10:25
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
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.
63. IPOANALYSIS |Mar 23, 2018 01:22
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
SELL IT IMMEDIATELY AT WHATEVER PRICE ON OPENING
HUGE SELLING WILL BE THERE



62. Vimalkaria |Mar 22, 2018 20:21
Umang bhai
Review of listing hold/sell???
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.
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..
61.1. Vimalkaria |Mar 22, 2018 20:28
Thank you very much. Four your blessing
60. IPOANALYSIS |Mar 22, 2018 16:38
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
SELL ON LISTING IF GET A CHANCE.
STOCK HAS NOTHING GOOD FOR LONG TERM.
59. T.G.SHAH |Mar 22, 2018 16:38
bhai....subject to su chale 6e
58. NB |Mar 22, 2018 15:40
Listing T2T mein hoga ki 20 % circuit mein..?
57. GV |Mar 22, 2018 15:28
Listing date ?
56. TheLearner |Mar 22, 2018 00:09
GOT 1/4 FEELING V V LUCKY
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
55.1. Jmj |Mar 21, 2018 23:48
Share credit on 23 before 10am







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