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Timescan Logistics (India) Limited IPO (Timescan Logistics IPO) Detail

Dec 31, 2021 - Jan 4, 2022

Timescan Logistics is a Multimodal Transport Operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider. The business provides a complete range of transport and freight-related services like Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading/unloading, etc. It is a registered custom house broker with Custom offices - Chennai, Vijaywada, and Mundra and also a member of the World Cargo Alliance for its global reach.

The business also has a 16,354 Sq. ft warehouse on long-term lease under Free Trade Warehousing Zone of JMD Chennai SEZ.

Strengths

  • A comprehensive range of logistic solution services.
  • Wide clientele base.
  • Organization stability and rich management experience.
  • Well-defined organizational structure.
  • Customer-centric services and ISO 9001:2015 certified.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,122.44 3,045.32 1,483.43 1,396.80
Total Revenue 2,724.13 9,976.46 6,509.76 6,393.44
Profit After Tax 40.85 124.91 79.50 83.07

Objects of the Issue

The net proceed from the IPO will be utilized towards the following objectives;

  • Working capital requirements.
  • General corporate purposes.
  • Issue expenditures.

Timescan Logistics IPO Details

IPO Date Dec 31, 2021 to Jan 4, 2022
Listing Date Wednesday, January 12, 2022
Face Value ₹10 per share
Price ₹51 per share
Lot Size 2000 Shares
Issue Size944,000 shares of ₹10
(aggregating up to ₹4.81 Cr)
Fresh Issue944,000 shares of ₹10
(aggregating up to ₹4.81 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
NII (HNI) Shares Offered50%
Retail Shares Offered50%
Company Promoters

Mr. Moulana Taufeek Islam and Mrs. Ayisha Beevi are the company promoters.

Timescan Logistics IPO Tentative Timetable

Timescan Logistics IPO opens on Dec 31, 2021, and closes on Jan 4, 2022. The Timescan Logistics IPO bid date is from Dec 31, 2021 10.00 A.M. to Jan 4, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Dec 31, 2021
Closing Date Jan 4, 2022
Basis of Allotment Jan 7, 2022
Initiation of Refunds Jan 10, 2022
Credit of Shares to Demat Jan 11, 2022
Listing Date Jan 12, 2022

Timescan Logistics IPO Lot Size

The Timescan Logistics IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹102,000
Retail (Max) 1 2000 ₹102,000

Timescan Logistics IPO Promoter Holding

Pre Issue Share Holding 99.88%
Post Issue Share Holding 72.89%

Timescan Logistics IPO Review

Based on its financial and other parameters, the issue is fully priced. It is operating in a highly competitive and fragmented segment with south centric presence and operations. Declining trends of business with top 10 customers and suppliers raise concerns. Small equity base post IPO indicates longer gestation for migration to the mainboard. Risk seeker/cash surplus investors may consider investing in this fully priced issue, others may avoid it. Read detail review...


Timescan Logistics IPO Subscription Status (Bidding Detail)

The Timescan Logistics IPO is subscribed 115.86 times on Jan 4, 2022 5:00:00 PM. The public issue subscribed 90.34 times in the retail category, times in the QIB category, and 141.38 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII141.38
Retail90.34
Total115.86

Timescan Logistics IPO Prospectus

Timescan Logistics IPO Rating

302
4.2
Rating:Rated 4.2 stars
Vote Here ...

Timescan Logistics IPO Listing Date

Listing Date Wednesday, January 12, 2022
BSE Script Code
NSE Symbol TIMESCAN
Listing In ST Group of Securities
ISIN INE0IJY01014
IPO Price ₹51 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹51.00
₹82.00
₹82.00
₹86.10
₹86.10

Company Contact Information

Timescan Logistics (India) Limited
Rajah Annamalai Buildings, Annex 3rd Floor,
18/3, Rukmani Lakshmipathy Road, (Marshalls Road)
Egmore, Chennai -600 008
Phone: 044 – 4356 6000
Email: cs@timescan.in
Website: http://www.timescan.in/

Timescan Logistics IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/

Timescan Logistics IPO Review

Timescan Logistics IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Timescan Logistics IPO FAQs

Timescan Logistics IPO is a SME IPO of 944,000 equity shares of the face value of ₹10 aggregating up to ₹4.81 Crores. The issue is priced at ₹51 per share. The minimum order quantity is 2000 Shares.

The IPO opens on Dec 31, 2021, and closes on Jan 4, 2022.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Timescan Logistics 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 'Timescan Logistics 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 Timescan Logistics IPO opens on Dec 31, 2021 and closes on Jan 4, 2022.

Timescan Logistics IPO lot size is 2000 Shares and the minimum order quantity is .

You can apply in Timescan Logistics 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Timescan Logistics IPO will be done on Jan 7, 2022, and the allotted shares will be credited to your demat account by Jan 11, 2022. Check the Timescan Logistics IPO allotment status.

The Timescan Logistics IPO listing date is on Wednesday, January 12, 2022.
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Timescan Logistics IPO Message Board

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654 Comments

185. Ankur Goel |   Link |Feb 16, 2022 3:32:40 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
anyone knows UCO trading desk email/phone. My money is still blocked.
184. MehulStk |   Link |Feb 1, 2022 9:10:00 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Hello Expert, need your suggestion on this to hold or book profit.
Plz advice. Thanks
183. Gatla |   Link |Jan 18, 2022 9:09:50 PM
Good amount of bulk deals shows the present demand. Today most of the retail investors exited.
18-Jan-2022      TIMESCAN      Timescan Logistics Ind L      BYTES AND PIXELS FINSOFT LLP .      BUY      20,000      104.55      -
18-Jan-2022      TIMESCAN      Timescan Logistics Ind L      HARDIK M SHAH      BUY      1,00,000      104.55      -
18-Jan-2022      TIMESCAN      Timescan Logistics Ind L      LINCOLN P COELHO      BUY      40,000      104.55      -
18-Jan-2022      TIMESCAN      Timescan Logistics Ind L      PARTH INFIN BROKERS PVT LTD      SELL      24,000      104.55      -
18-Jan-2022      TIMESCAN      Timescan Logistics Ind L      PASHUPATI CAPITA SER PVT LTD      BUY      32,000      104.55      -
18-Jan-2022      TIMESCAN      Timescan Logistics Ind L      STATSOL RESEARCH LLP      BUY      20,000      104.55      -
18-Jan-2022      TIMESCAN      Timescan Logistics Ind L      STATSOL RESEARCH LLP      SELL      8,000      104.55      -
182. The BuLLz EyE |   Link |Jan 18, 2022 7:22:17 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
too expensive
eps just 3
book value 18
pe 74

price doubled in just 19 days
IPO price last year was Rs. 20

this may start hitting lower circuit with no buyers soon after closure of fpo
182.2. rsk |   Link |Jan 18, 2022 9:03:08 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
seems like kahi pe nigahe ..................
182.3. BuLLz EyE |   Link |Feb 19, 2022 11:10:57 AM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
Sorry, this was about DJ Mediaprint
wrongly posted here
181. Gatla |   Link |Jan 18, 2022 10:53:44 AM
Tiger Logistics results are very very good. This should be a good news for Timescan. Wait for the results of Timescan then take your decision..
180. rsk |   Link |Jan 17, 2022 9:04:34 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Does the ckt change to 10% after 10 days?
179. SHAREKHAN BROKER |   Link |Jan 17, 2022 2:09:00 PM
SOLD 1 LOT TODAY
178. kanchan Mandhani |   Link |Jan 14, 2022 9:05:22 PM
thanks Noorul for revert ...I ll definitely seek members advice in my next allotment for booking profit ..may all of u get more nd more profit :)...will wait for new sme ipo .
177. kanchan Mandhani |   Link |Jan 14, 2022 9:40:21 AM
I regret selling at 82 ..daily it has upper circuit ..will it stop somewhere ..do timescan promoters only buy them
177.2. kanchan Mandhani |   Link |Jan 14, 2022 12:15:32 PM
Dear Noorul, I never meant that ..all ppl in this forum mk alot of money:) why not ..I only meant I could hv seen the movement of stock before selling in Preopening ... .thanks ..dont be offended by the post .
177.3. Noorul |   Link |Jan 14, 2022 12:59:57 PM
@kanchan... You should atleast wait for a day because the issue was highly over subscribed .. and even you could put a stop loss Above lower circuit on listing day itself to safeguard your profit..
176. Sangwan |   Link |Jan 13, 2022 2:01:28 PM
Lokes sir and other experts
I have one lot of timescan.
Hold or Sell ?
176.2. lokes |   Link |Jan 13, 2022 9:21:50 PM
IPO Guru IPO Guru (3700+ Posts, 4200+ Likes)
@sangwan: Keep holding between 100 to 120...means once it crosses 100 then keep some stoploss daily and keep increasing it...and around 110-120 you can book profit i feel in shorter term...
176.3. Sangwan |   Link |Jan 13, 2022 10:21:52 PM
Thanx sir
175. Sangwan |   Link |Jan 13, 2022 10:15:22 PM
Thanx sir
174. Vibhor Saxena |   Link |Jan 13, 2022 9:00:41 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Just received contract note of angel one
Sold my one lot at 90.4
Thankyou All
173. Vibhor Saxena |   Link |Jan 12, 2022 4:51:34 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
So, Ultimately we have to send a POA form to sell these shares
Are we living in 90''s
It''s a shame that a listed company(Angel Broking) is not trading in this segment and asking for signatures.
Also, they said they will 7 days to process the form
173.3. Vibhor Saxena |   Link |Jan 13, 2022 2:40:42 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
@bhumika
You have to sign on the first page of the form along with signature and name of the witness
Witness can be anyone.
Then you have to courier that one on hyderabad address
Within one day they will update the status of you demat ..

173.4. Vibhor Saxena |   Link |Jan 13, 2022 3:03:24 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Here''s the mail which I received for POA
.
Dear Indra Saxena
      
Please find attached the Power of Attorney (POA):

Kindly download and print the attached POA and Sign in the box provided for First Holder’s Signature.
Signature of Witness can be taken from any family member or friend.
Second page needs to be filled only if you wish to add a Nominee, else you may ignore the second page.
The duly signed POA needs to be sent by Courier to the below address of our Hyderabad Office.
      
Courier address:
Angel Broking Limited,
Operations – HYDCSO, 2nd Floor, Osman Plaza, Nagarjuna Circle, Panjagutta, Banjara Hills,
Hyderabad - 500034. State: Telangana
      
Benefits of POA
      
Signing the SEBI approved POA makes trading via your demat account simple, easy, quick and fully online. With easy transactions, you reduce the cost associated with execution of a sell order, reduce the risk of auction, can avoid penalty expenses to stock exchange. You avoid running around for submitting physical delivery instruction slips.
172. rsk |   Link |Jan 12, 2022 9:10:08 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Bulk Trades: 3 buys and 1 sell

12-Jan-22      TIMESCAN      Timescan Logistics Ind L      PARTH INFIN BROKERS PVT LTD      BUY      44000      82      -
12-Jan-22      TIMESCAN      Timescan Logistics Ind L      ALPHA LEON ENTERPRISES LLP      BUY      66000      85.25      -
12-Jan-22      TIMESCAN      Timescan Logistics Ind L      JAIN SANJAY POPATLAL      BUY      40000      82      -
12-Jan-22      TIMESCAN      Timescan Logistics Ind L      NIKUNJ STOCK BROKERS LTD      SELL      48000      82      -
172.1. kanchan Mandhani |   Link |Jan 13, 2022 9:59:37 AM
I also sold at 82 for 2000 shares ..lucky buyers
171. kanchan Mandhani |   Link |Jan 13, 2022 9:57:23 AM
hi , I got ipo allotment but sold at pre opening at 82 ..I m regretting ..how long would there be upper circuit . it was my second apply after vivo ..
170. anonymoues |   Link |Jan 11, 2022 10:06:50 PM
Listing should be 125+++ might be we can see UC after listing...tight allotment.at what rate I should place buy order 100 ; 125 ; or 150?
170.4. anonymoues |   Link |Jan 12, 2022 7:50:54 AM
Nifty 170++
170.5. Gatla |   Link |Jan 12, 2022 10:24:04 PM
Yes, it is Demand Supply Game. That is why subscribed 115 times. Remember the way it goes up with the demand, in the same way it will come down when there is no demand.
Anyway I have added at 86.1 Rs. But not expecting 120+ :)
169. Jupiterr |   Link |Jan 12, 2022 11:27:21 AM
I have account with angel but I am not able to buy or sell any SME stock It says penny stock trading is not allowed anyone facing this issue?
169.7. shareHunterz |   Link |Jan 12, 2022 4:32:14 PM
@admin suggest to also add SME support criteria in the broker comparison.
169.8. Team Chittorgarh.com |   Link |Jan 12, 2022 4:33:38 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
@shareHunterz.
Noted. Soon we will add it.

Thank you,
@Admin, Team Chittorgarh.com

ProStocks - Broker with Unlimited Trades @ Rs 899 Per Month (or Rs 15 per trade) + Zero Account Opening + Rs 0 Equity Delivery Brokerage + AMC Free Demat Open FREE Account

Disclaimer: Equity investments are subject to 100% market risks. Refer to your financial consultant's advice before Investing. This group is only for Educational and Learning, Knowledge Purposes. Admins have no responsibility for your intended decision & financial losses. Keep calculated & always analyzed your cash position and risk-bearing capacity before following msg of our group.

168. Rajni |   Link |Jan 12, 2022 3:26:07 PM
216 lots traded
167. Vibhor Saxena |   Link |Jan 12, 2022 10:14:55 AM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Why I am unable to sell the shares?
Anyone Pls Help?
167.11. shareHunterz |   Link |Jan 12, 2022 1:47:46 PM
@Vibhor SME ipo trading is restricted on Angel app. You can sell by call and trade option. Call customer care, press 1 for trade. Inform that you want to sell SME sto k.
167.12. Vibhor Saxena |   Link |Jan 12, 2022 2:29:20 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Sharehunterz
were you able to sell the ipo?
166. IPO BHAKT |   Link |Jan 12, 2022 10:11:51 AM
@Lokes,Noorul , can you guy''s pl explain what is stop loss mechanism in Sme ipo because most of hit upper circuit after listing .is there any chance that before we put stop loss 1 rs above Lower circuit after pre opernig and stock hit lower circuit and we couldn''t get exit opportunitie. GREAT FORECAST BY NOORUL AND LOKES .GOD BLESS U.
166.1. lokes |   Link |Jan 12, 2022 11:20:06 AM
IPO Guru IPO Guru (3700+ Posts, 4200+ Likes)
It''s same as mainboard ipo.... soon after 10am you can place stoploss, it depends on broker etc how to place...you can call with your broker and check if any doubt.
I don''t think we can put order or stoploss for sell between 9.45 to 10am.