An initial public offering is known as IPO in the share market. A privately-owned company list its shares on a stock exchange, making them available for purchase by the general public. Most people think IPOs the huge money-making machine opportunities well known reputed company grab headlines with a heavy price on shares when they are in public. An IPO grants company to raise capital from public investors. The passage for the private to the public company might be beneficial for private investors to fully realize a profit from their investors. Somehow, it permits the public investor to invest in a public offering. Today, Tarsons Products IPO gives a fair indication of its launch in the next week.
When Will Tarsons Products Limited IPO (Tarsons Products IPO) Launch?
Tarsons Products limited is a chief Indian life sciences and technology company with more than three years of experience in the production and supply of lab instruments. Along with it, Tarsons company produces a range of quality labware products that contribute to scientific discovery and improvement of the healthcare system.
The portfolio of a company product is categorized into three brands including consumable and reusable and etc. The company has a classified products portfolio with over SKUs across 300 products on March 31, 2021.
Tarsons products are manufactured for the purpose of various laboratories instrument across research organizations, academic institutes, pharmaceutical companies, Contract Research Organization (CRO), diagnostic companies and hospitals. Or a more well-known institution, medical labs as its successive clients.
| IPO Open Date | Nov 15, 2021 |
| IPO Close Date | Nov 17, 2021 |
| Basis of Allotment Date | Nov 23, 2021 |
| Initiation of Refunds | Nov 24, 2021 |
| The credit of Shares to Demat Account | Nov 25, 2021 |
| IPO Listing Date | Nov 26, 2021 |
Tarsons Products IPO Dates & Review
Presently, the company has 5 manufacturing legal facilities situated in west Bengal spread across 20,000 sq. meters of area. Right now, the company has had a strong spreading network across India and the global market since March 31, 2021.
Company Strength
- Chief supplier of science laboratories products
- A large number of products offering
- Highly recognized market of life science manufacturing industries
- Well-furnished as well as self-regulating product manufacturing facilities
- Huge sales and distribution network
- A strong management team and workers are backed by Experience promoters
Company Promoters
Sanjiv Sehgal and Rohan Sehgal are the promoters of the Tarsons Company.
| IPO Opening Date | Nov 15, 2021 |
| IPO Closing Date | Nov 17, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹635 to ₹662 per equity share |
| Market Lot | 22 Shares |
| Min Order Quantity | 22 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹2 (aggregating up to ₹1,023.47 Cr) |
| Fresh Issue | [.] Eq Shares of ₹2 (aggregating up to ₹150.00 Cr) |
| Offer for Sale | 13,200,000 Eq Shares of ₹2 (aggregating up to ₹[.] |
| Team member discount | 61 |
Tarsons Products IPO Lot Size & Prices
The Tarsons products IPO market lot size is 22 shares. A public investor is able to apply for up to 13 lots (286 shares or ₹189,332).
| Application | Lots | Shares | Amount (cut off)
|
| Minimum | 1 | 22 | ₹14,564 |
| Maximum | 13 | 286 | ₹189,332 |
The company is about to release its shares on public subscription on the opening date of 15th November 2021 and the closing date of 17th November 2021. And before if there could be any major possibilities regarding lot details All Social Updates will make sure and keep you updated for any kind details from our reliable sources. So, thanks for visiting and giving your precious time on our page.