IPO

Timescan Logistics (India) Limited IPO

NSE SME

Listed On: Jan 12, 2022 at ₹ 82.0

₹ 102000 /2000 Shares

Check Allotment

IPO Details

31 Dec, 2021

Open Date

04 Jan, 2022

Close Date

10 Jan, 2022

Allotment Date

12 Jan, 2022

Listing Date

Issue Price

₹51 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

82.0

Listing Date

2022-01-12

Market Lot

2000 Shares (₹102,000/-)

Lead Manager

Finshore Management Services Limited

Issue Size

944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr)

#Fresh Issue: 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr)

Retail Portion

N/A

Subscription

115.86 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved4,48,0004,48,0008,96,000
Day 1 - 31-12-21 06:00 PM1.59 x1.71 x1.65 x
Day 2 - 03-01-22 06:00 PM2.44 x14.97 x8.71 x
Day 3 - 04-01-22 06:00 PM141.38 x90.34 x115.86 x

Valuations

Earnings Per Share (EPS)

₹3.57/-

P/E Ratio

14.27

RoNW

22.43%

Net Asset Value (NAV) - Post Issue

₹30.88/-

Company Financials All values are in ₹ Cr.

30-Jun-2131-Mar-2131-Mar-2031-Mar-19
Assets31.2230.4514.8313.96
Revenue27.2499.7665.0963.93
Profit After Tax0.401.240.790.83

About The Company

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.

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- Promoter(s)

Pre Issue Share Holding: 99.88%

Post Issue Share Holding: 72.89%


Company Promoter(s)

  1. Mr. Moulana Taufeek Islam
  2. Mrs. Ayisha Beevi

IPO - Issue Objectives

  1. Working capital requirements.
  2. General corporate purposes.
  3. Issue expenditures.

IPO - FAQs

Ans. Timescan Logistics (India) Limited IPO is a SME IPO. The issue is priced at ₹51 per equity 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.

Ans. The Timescan Logistics (India) Limited IPO opens on Dec 31, 2021 and closes on Jan 4, 2022.

Ans. The size of Timescan Logistics (India) Limited IPO is 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr) #Fresh Issue: 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr).

Ans. The IPO price band is set between ₹51 per equity share.

Ans. To apply for Timescan Logistics (India) Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Timescan Logistics (India) 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 Timescan Logistics (India) Limited IPO is Jan 10, 2022.

Ans. The Timescan Logistics (India) Limited IPO will be listed on Jan 12, 2022.

Ans. Follow the steps to check the allotment status for Timescan Logistics (India) Limited IPO here.