IPO

Tara Chand Logistic Solutions Limited IPO

NSE SME

Offer Date: Mar 13, 2018 - Mar 15, 2018

₹ 110000 /2000 Shares

IPO Details

13 Mar, 2018

Open Date

15 Mar, 2018

Close Date

21 Mar, 2018

Allotment Date

23 Mar, 2018

Listing Date

Issue Price

Rs 55 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Sharex Dynamic (India) Pvt Ltd

Market Lot

2000 Equity Shares ( Rs 1,10,000/- )

Lead Manager

Hem Securities Limited

Issue Size

37,20,000 Equity Shares of Rs 10/- each at a price of Rs 55 per share aggregating to 20.46 Cr

Retail Portion

N/A

Subscription

97,52,000 2.76 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved17,64,00017,64,00035,28,000
Day 1 - 13-03-184,46,000 0.25 x4,30,000 0.24 x8,76,000 0.25 x
Day 2 - 14-03-186,18,000 0.35 x15,42,000 0.87 x21,60,000 0.61 x
Day 3 - 15-03-1846,78,000 2.65 x50,74,000 2.88 x97,52,000 2.76 x

Valuations

Earnings Per Share (EPS)

Rs 1.93

P/E Ratio

28.54

RoNW

17.48%

Net Asset Value (NAV) ( After Issue )

Rs 30.11

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

  1. Mr. Vinay Kumar
  2. Mr. Ajay Kumar

IPO - Issue Objectives

  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

IPO - FAQs

Ans. Tara Chand Logistic Solutions Limited IPO is a SME IPO. The issue is priced at Rs 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.

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

Ans. The size of Tara Chand Logistic Solutions Limited IPO is 37,20,000 Equity Shares of Rs 10/- each at a price of Rs 55 per share aggregating to 20.46 Cr.

Ans. The IPO price band is set between Rs 55 Per Equity Share .

Ans. To apply for Tara Chand Logistic Solutions Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Tara Chand Logistic Solutions Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Tara Chand Logistic Solutions Limited IPO is Mar 21, 2018.

Ans. The Tara Chand Logistic Solutions Limited IPO will be listed on Mar 23, 2018.

Ans. Follow the steps to check the allotment status for Tara Chand Logistic Solutions Limited IPO here.