Tarsons Products Ltd (TPL) is a leading manufacturer and supplier of Labware products. With over 30 years of experience in production of laboratory plasticware (disposable plastic labware, centrifuge ware, cryo labware, liquid handling system among others), TPL’s expertise finds extensive usage in molecular biology, cell culture, genomics, proteomics and immunology. TPL primarily caters to the healthcare, pharmaceutical, biotech, food and environment sectors, with business interests in over 40 countries.
Strengths
Over 1,700 SKUs across 300 products
141 authorized distributors across India, exports to over 40 countries worldwide
Strong R&D setup coupled with large-scale automated manufacturing
Weaknesses
Dependent on imported raw materials
Capital Intensive operations
Not able to maintain profitability consistently
Expectations
Plans to raise upto Rs. 1,025 crore
Includes fresh issue of Rs.150 crore and OFS of Rs. 838.2 – 873.8 crore
Tarsons Products IPO Financials Details
Particulars
For the year/period ended (₹ in Millions)
30-Jun-21 (Consolidated)
30-Jun-20 (Standalone)
31-Mar-21 (Consolidated)
31-Mar-20 (Standalone)
31-Mar-19 (Standalone)
Total Assets
3,647.74
2,356.57
2,959.50
2,487.06
2,119.58
Total Revenue
711.27
435.73
2,342.91
1,800.54
1,847.19
Profit After Tax
248.35
69.68
688.70
405.31
389.58
Tarsons Products IPO Dates
Open Date
15th Nov, 2021
Close Date
17th Nov, 2021
Allotment Date
23rd Nov, 2021
Initiation of Refunds
24th Nov, 2021
Credit of Shares to Demat Account
25th Nov, 2021
Listing Date
26th Nov, 2021
Tarsons Products IPO Price
IPO Price Band
Rs. 635 to Rs. 662 per share
Minimum Investment Amount
Rs. 14,564
Maximum Investment Amount
Rs. 1,89,332
Face Value
Rs.2 per equity share
Tarsons Products IPO Lot Size
Minimum Lot Size
1 (22 shares)
Maximum Lot Size
13 (286 shares)
Tarsons Products IPO Subscription Breakup
QIBs
50%
Non-Institutional Investors
15%
Retail Individual Investors
35%
Tarsons IPO FAQ’s
When will the Tarsons IPO Open? Tarsons IPO will open on 15th November 2021.
What is the Closing Date of Tarsons IPO? Tarsons IPO closes on 17th November 2021.
What is the price band of Tarsons IPO? Tarsons IPO price band is between Rs. 632 to Rs. 662.
What is the lot size of Tarsons Products IPO? IPO lot size is 22 Equity Shares.
What is the Minimum & Maximum Investment Amount for Tarsons IPO? The minimum investment amount is Rs. 14,564 and maximum of Rs. 1,89,332 Lakh.
What is the listing date for Tarsons IPO IPO listing date is 26th November 2021.
What is the Allotment date for Tarsons IPO? LIC IPO Allotment date is on 23rd November 2021.
What is the date of credit of Tarsons IPO shares to the demat account? Credit of shares to your Demat Account for LIC IPO will be on 25th November 2021.
