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Tarsons Products Limited IPO (Tarsons Products IPO) Detail

Nov 15, 2021 - Nov 17, 2021

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
  • Extensive product offering
  • Large addressable market of life sciences industry
  • Well-equipped and automated manufacturing facilities
  • Strong sales and distribution network
  • Experienced Promoter backed by a strong management team

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Jun-21 31-Mar-21
Total Assets 3,647.74 2,959.50
Total Revenue 711.27 2,342.91
Profit After Tax 248.35 688.70

Objects of the Issue

  • Repayment/prepayment of all or certain of company’s borrowings;
  • Funding a part of the capital expenditure for new manufacturing facility at Panchla, West Bengal (proposed expansion) and;
  • General corporate purposes

Tarsons Products IPO Details

Tarsons Products IPO Date Nov 15, 2021 to Nov 17, 2021
Tarsons Products IPO Face Value ₹2 per share
Tarsons Products IPO Price ₹635 to ₹662 per share
Tarsons Products IPO Lot Size 22 Shares
Issue Size[.] shares of ₹2
(aggregating up to ₹1,023.47 Cr)
Fresh Issue[.] shares of ₹2
(aggregating up to ₹150.00 Cr)
Offer for Sale13,200,000 shares of ₹2
(aggregating up to ₹873.84 Cr)
Employee Discount 61
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

Sanjive Sehgal and Rohan Sehgal are the company promoters.

Tarsons Products IPO Timeline (Tentative Timetable)

Tarsons Products IPO opens on Nov 15, 2021, and closes on Nov 17, 2021. The Tarsons Products IPO bid date is from Nov 15, 2021 10.00 A.M. to Nov 17, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Tarsons Products IPO Opening Date Nov 15, 2021
Tarsons Products IPO Closing Date Nov 17, 2021
Basis of Allotment Nov 23, 2021
Initiation of Refunds Nov 24, 2021
Credit of Shares to Demat Nov 25, 2021
Tarsons Products IPO Listing Date Nov 26, 2021

Tarsons Products IPO Lot Size

The Tarsons Products IPO lot size is 22 shares. A retail-individual investor can apply for up to 13 lots (286 shares or ₹189,332).

Application Lots Shares Amount
Retail (Min) 1 22 ₹14,564
Retail (Max) 13 286 ₹189,332

Tarsons Products IPO Promoter Holding

Pre Issue Share Holding 50.75%
Post Issue Share Holding

Tarsons Products IPO Review

TPL is the second-largest player in plastic labware and post-pandemic, due to rising concerns for health, this company is poised for bright prospects ahead. It is expanding to meet the rising demand for its products. The issue appears reasonably priced based on its financial data and future prospects. TPL is enhancing its role and expanding its product portfolio. The scrip is expected to generate first-mover fancy post listing, Investors may consider investment for the medium to long term rewards. Read detail review...


Tarsons Products IPO Subscription Status (Bidding Detail)

The Tarsons Products IPO is subscribed 77.49 times on Nov 17, 2021 5:00:00 PM. The public issue subscribed 10.56 times in the retail category, 115.77 times in the QIB category, and 184.58 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 9.03 times

CategorySubscription (times)
QIB115.77
NII184.58
Retail10.56
Employee1.83
Total77.49

Tarsons Products IPO Prospectus

Tarsons Products IPO Rating

1652
4.1
Rating:Rated 4.1 stars
Vote Here ...

Tarsons Products IPO Listing Date

Listing Date Friday, November 26, 2021
BSE Script Code 543399
NSE Symbol TARSONS
Listing In B Group of Securities
ISIN INE144Z01023
IPO Price ₹662 per share
Face Value ₹2 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹662.00
₹700.00
₹634.00
₹840.00
₹840.00
NSE
₹662.00
₹682.00
₹680.00
₹818.40
₹818.40

Company Contact Information

Tarsons Products Limited
Martin Burn Buisness Park,
Room No. 902 BP- 3, Salt Lake,
Sector- V, Kolkata 700091
Phone: +91 33 3522 0
Email: piyush@tarsons.in
Website: https://www.tarsons.com/

Tarsons Products IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: tarsonsproducts.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Tarsons Products IPO FAQs

Tarsons Products IPO is a main-board IPO of [.] equity shares of the face value of ₹2 aggregating up to ₹1,023.47 Crores. The issue is priced at ₹635 to ₹662 per share. The minimum order quantity is 22 Shares.

The IPO opens on Nov 15, 2021, and closes on Nov 17, 2021.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Tarsons Products IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Tarsons Products IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Tarsons Products IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Tarsons Products IPO opens on Nov 15, 2021 and closes on Nov 17, 2021.

Tarsons Products IPO lot size is 22 Shares and the minimum order quantity is .

You can apply in Tarsons Products 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.

The finalization of Basis of Allotment for Tarsons Products IPO will be done on Nov 23, 2021, and the allotted shares will be credited to your demat account by Nov 25, 2021. Check the Tarsons Products IPO allotment status.

The Tarsons Products IPO listing date is on Friday, November 26, 2021.
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Tarsons Products IPO Message Board

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1838 Comments

688. P Patel |   Link |Dec 10, 2021 5:46:55 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Test message

Thank you,Pragnesh
687. Nexus |   Link |Dec 6, 2021 7:41:23 PM
1) Ghar se nikalte hi =>
During the IPO Subscription times the hype is such that we felt very lucky when we got allotment.

2) Kuchh duur chalte hi =>
Just few weeks later, today it reached a low of Rs.618/-. The stock that had left something on the table for the investors, got oversubscribed 77.5 time, the company is still good and the market has not changed much (26 Nov low was 16985.7 & today it closed @ 16912). Then why it could not hold even its IPO Price even when GMP was Rs.180?

Something to ponder about while subscribing to upcoming IPOs!
686. HeisenbergSingh |   Link |Dec 6, 2021 8:43:56 AM
Sold my alloted shares at 646.
685. milgayasigachire |   Link |Dec 4, 2021 11:11:26 AM
I m seeing lot of people here trying to become long term investor. The only way you become long term investor is if you have no choice.

Let me explain.

You bought Tarson IPO for 660, it opened nd suddenly went down to 600. Now you are trapped. Now you have no choice but to become long term investor.

Second scenario, Tarson IPO of 660, open and went upto 90. Now it start coming down to 660. Here you have choice. why you want to become long term investor now. Just throw in dustbin and get out. I did the same.

Why i m telling this because, i know in few weeks, when this will be at 500, then you will start crying here. some of you will even book loss at lower level.
684. Amit Kumar Yadav |   Link |Nov 30, 2021 4:41:27 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Tarsons below 700... Ab issue price hi Stop loss hai.. waha agar pahucha to bech kar bhaguga... Aur ye maan lunga ki ye IPO humko mila hi nahi tha...😅
684.9. ColdBurger |   Link |Dec 3, 2021 8:11:38 PM
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
@Monster: Market mood is so bad.. Even today Coal India disappointed bye remaining below 161, yesterday it had good move.
684.10. Amit Kumar Yadav |   Link |Dec 6, 2021 10:59:12 AM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Accha kiya issue price pe hi nikal gaya.. fasne se bach gaya..😅
683. True IPO Lover |   Link |Dec 3, 2021 11:58:47 AM
Got one lot and still holding, unfortunately, it is near to issue price now ☹️. Planning to hold for long term.
683.1. Rahul Soni Rajkot😎 |   Link |Dec 3, 2021 4:12:11 PM
Yeah....Ab to yahi karna padega, but it will give good returns in long term, hope so...
682. Safe Bet |   Link |Dec 3, 2021 12:38:29 PM
With QIB sub at 115x , the CMP of Tarson is really a surprise. What has transpired in thes 2weeks that no one wants to touch it? Anyone can suggest a suitable entry point. I was luck to be NOT allotted 😊.
681. Heathslayer |   Link |Nov 30, 2021 8:48:17 AM
Funny how some small investors waited for 1000 levels listening to some so called IPO gurus here.....lol....I do regret not waiting for uc that day and selling it on 800 when I could''ve have easily sold it on 900, still happy I didn''t have to sell below 700
680. milgayasigachire |   Link |Nov 29, 2021 12:10:58 PM
Sold this ta.tti stock whatever was allotted to me in IPO

This is why I dont apply to useless IPOs with less than 50% GMP
680.1. Hari❤️ |   Link |Nov 29, 2021 1:44:23 PM
One shouldn''t apply blindly seeing the GMP... since GMP can be stammered if there is uncertainty in the market
680.2. KaydenLover |   Link |Nov 29, 2021 11:28:58 PM
Stock nahi chala to ta.tti stock ho gaya lol. This is stock market,there is no place for emotion..do your own due diligence rather than blaming the company,markets or the stock.

Tarsons is a very good company fundamentally bhaav market decide kar lega thode din mein.These are turbulent times.
679. ipobull |   Link |Nov 29, 2021 9:49:05 PM
IPO Mentor IPO Mentor (800+ Posts, 900+ Likes)
Pick up Tarson anywhere around its listing price of 680. I fall it may not fall much from that level though I kept a buy order @ 670. May touch 970 in short term, particularly, if aided by good news/ results/ bulk deals.
679.2. ColdBurger |   Link |Dec 3, 2021 11:03:39 PM
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
Hope Latent holds the 625 barrier. I am holding for some more gain. Wanted to exit at 750 but could not.
679.3. Have Faith 🙏 |   Link |Dec 6, 2021 8:36:58 AM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Tarson touched today 632 ... majority or even 90 percent what u say goes wrong ...Are u executing these trades or just posting ...I remember Sansera and u also hope so
678. ipobull |   Link |Nov 29, 2021 9:34:34 PM
IPO Mentor IPO Mentor (800+ Posts, 900+ Likes)
Sometimes, the hype created in this forum sucks us in. Many fall prey to the over-enthusiastic GMPs declared by some fellow colleagues. I got entrapped in a similar way in Sapphire Foods in pre-open buy even though I did not apply in this IPO because of its over-valuations, its loss making financials and low subscription by QIBs. But euphoria got me in. I would advise everyone to apply your brains, look at financials, prospects of growth and QIB subscription levels before you decide to jump in.
677. Arjun Rajkot |   Link |Nov 25, 2021 10:33:33 PM
IPO Mentor IPO Mentor (500+ Posts, 1000+ Likes)
Paytm
2558 Very Soon---(

Lisitng
Tarson
870-900-))))

Near Term 999--))

Most Hold Very Nice Company.

677.3. BULLS OF INDIA |   Link |Nov 26, 2021 8:03:22 AM
Top Contributor Top Contributor (200+ Posts)
Thanks a lot Sir
677.4. ekdantsai |   Link |Nov 29, 2021 9:25:03 PM
Arjunbhai your near term target is intact still now. su 999 avse
676. ipobull |   Link |Nov 29, 2021 11:08:33 AM
IPO Mentor IPO Mentor (800+ Posts, 900+ Likes)
The movement of Tarson today has punished people who were exuberant enough to call for one or two more UCs that 20% UCs. Nice to see that stocks have corrected. I sold Tarson in the morning and picked it up again @ 710 levels. Further orders placed @ 670, which I suppose could be its lowest point. Fundamentally, its a good company and anyone should look to buy it @ current levels after this sharp correction. Latent View seems to have more downside left. Just need to study it more to know its tentative bottom. Also had placed my limit order for Zomato @ 138 and got it. Also, purchased Devyani @ 136 levels. Also, took Nykaa @ 2360 today.
676.2. ipobull |   Link |Nov 29, 2021 7:30:51 PM
IPO Mentor IPO Mentor (800+ Posts, 900+ Likes)
Ha bhai Helloo,
Tumko jhut bolke mujhe kya milega. Mai jyada munafa ya nuksan bhi karunga tho, thumse kya kuch ummeed nahi kartha. Icicidirect mein limit order ka facility hai pata hai ki nai. Me pehle se order place kartha hun. Jo mein kiya wo bola, agar pasand hai tho dhek warna mat dhek. Tera paisa tu jane kahan pe lagaega.
676.3. ipobull |   Link |Nov 29, 2021 9:20:30 PM
IPO Mentor IPO Mentor (800+ Posts, 900+ Likes)
Helloo,
Mein market gire bhi tho khush, bade bhi tho kush. Varna ek tarfa market mein trade karna jara mushkil hota hai. Bhale upper stop loss laga ke kafi kamaya.
675. rsk |   Link |Nov 29, 2021 8:29:55 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
bulk deal today on BSE

29/11/2021      543399      TARSONS      AAKRAYA TECHNOLOGY AND RESEARCH LLP      B      321,164      777.60
29/11/2021      543399      TARSONS      AAKRAYA TECHNOLOGY AND RESEARCH LLP      S      239,825      766.96
674. Chalak Lomdi |   Link |Nov 29, 2021 6:02:47 PM
short term naffa lene wale bahot fase he unke liye stop loss 662 IPO price hi he abhi ke liye... baki koi chartist suggest kar sakta he stop loss !!
674.1. Asoke sarkar |   Link |Nov 29, 2021 7:31:47 PM
IPO Mentor IPO Mentor (500+ Posts, 600+ Likes)
Chart banega tob na milega, Chalak Lomdi sir ! Ab khel dekho.
673. Chalak Lomdi |   Link |Nov 25, 2021 5:52:18 PM
" The Chalak lomdi Naffa news "

Tarson 4949
673.15. ColdBurger |   Link |Nov 29, 2021 12:06:29 PM
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
@Chalak : Bahot khub!!
Latent ka bhi bata do bhai is week ka plan.
673.16. Chalak Lomdi |   Link |Nov 29, 2021 5:59:05 PM
@montyy mota bhai uper cmnt padh lo sab ander hi likh he aapko samaj aa jayega .
672. Sunny chand |   Link |Nov 29, 2021 3:52:09 PM
Sir , I have 2 allotment still . Pls suggest me for hold or Sell
672.1. Hari❤️ |   Link |Nov 29, 2021 5:23:46 PM
Better to book profits at 780-800, I have sold on the listing day itself...if looking for long term you can add more on dips
671. Monster Zero |   Link |Nov 29, 2021 8:10:58 AM
IPO Guru IPO Guru (2200+ Posts, 1800+ Likes)
Very good opening...Hold tight for UC❤️
671.8. Monster Zero |   Link |Nov 29, 2021 12:44:26 PM
IPO Guru IPO Guru (2200+ Posts, 1800+ Likes)
Will update the dates once they announce on BSE.
671.9. Amit Chheda |   Link |Nov 29, 2021 12:51:55 PM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Exit immediately...money will be trapped like windlas and gls.....exit.
670. lokes |   Link |Nov 29, 2021 10:25:21 AM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@amit jaipur @Suneel Padavala : as we discussed, you were able to come out around 900 levels or still holding?

In general, I mentioned 3-4 times in different posts on Thursday and Friday to sell around 900 levels once, as it will not be easy for tarsons to sustain above 900 in short term. if someone was convinced about long term then anyways they could have bought at lower levels again but better to protect/book profits once, instead of getting distracted by posts of 1000/1200 targets or monday UC posts etc.
670.5. lokes |   Link |Nov 30, 2021 6:56:06 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@amit: you can go with axis bank or indusind bank, both allows 5 demat ipo applications. if need to keep more amount then indusind/RBL is better from interest point of view else axis bank is better. RBL also allows 5 applications but least safe from these 3 banks but highest savings account interest rate.
670.6. Amit Kumar Yadav |   Link |Dec 1, 2021 5:24:52 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Thank you Lokesh Sir..this was very helpful. I don''t intend to keep more money so I guess i will go with Axis Bank then.🙏😊
669. Srikanth Kumar Guntuboina |   Link |Nov 29, 2021 11:07:43 AM
I Just now sold all allotted shares @ 677/-