Tara Chand Logistic IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

IPO Initial Public Offerings
Tara Chand Logistic Ltd incorporated in 2012 based in Chandigarh. Tara Chand Logistic is providing logistic and supply chain services in India. Their main industry targets are steel, urban and rural infra, oil, gas and more. They have big clients like Reliance Industries, L&T, SAIL, Rashtriya Ispat Nigam, ONGC, Tata Projects, Hindustan Construction Company, Vedanta, J Kumar Infra, NCC, Welspun Corp, BHEL, Gayatri Projects and more. Tara Chand Logistic ipo is starting from 13 March and ends on 15 March. The price band is around Rs.55 with 2000 market lot. The ipo size is around 20.46 crore rupees.

IPO Review:

  • Apply for Listing Gain

Tara Chand Logistic IPO Dates & Price Band:

  • IPO Open: 13 March 2018
  • IPO Close: 15 March 2018
  • IPO Size: Approx Rs 20.46 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 55 Per Equity Share
  • Listing on: NSE SME
  • Shares: 3,720,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,10,000

Financial Results:

Rs. in Crore
20132014201520162017
Revenues22.5923.9839.2546.2252.65
Expenses21.7823.0038.2544.4448.63
PAT0.560.660.691.192.63

Grey Market Premium:

  • The grey market is around Rs.10000 Subject to Sauda.

Tara Chand Logistic IPO Subscription Status:

  • IPO Subscribed 2.62 times overall

Tara Chand Logistic IPO Allotment Status:

Company Promoters:

  • Vinay Kumar
  • Ajay Kumar

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Sharex Dynamic (India) Pvt Ltd
Phone: +91- 22 – 2851 5606
Fax: +91 – 22 – 2851 2885
Email: [email protected]
Website: http://www.sharexindia.com

IPO Lead Managers:

  • Hem Securities Limited

Company Address:
Tara Chand Logistic Solutions Ltd
342 Industrial Area, Phase I,
Chandigarh – 160002
Phone: +91-172-2650380
Email: [email protected]
Website: http://www.tarachandindia.in

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