Tarsons Products IPO Allotment Date & Status: Tarsons Products IPO allotment is out and available on KFintech website. Please check the IPO allotment status on the KFintech registrar as on the allotment date.
Tarsons Products IPO Allotment to be finalized on November 24, 2021. The refund will be initiated on November 24 and the shares will be credited to the Demat account on November 25. The IPO to list on 26 November as per the schedule. The basis of allotment of Tarsons Products IPO will be 10:1 (Approx). The Tarsons Products IPO subscribed 77.49x times that comprises Qualified Institutional Buyer (QIB) 115.77x, (Non-institutional Bidders) NII 184.58x, and Retail 10.56x. We can expect a good return of around 40-50% in the Tarsons Products IPO. The IPO investors can check their Tarsons Products IPO allotment status online on BSE Website, KFintech website or they can check it via their bank account and Demat login as well. Here is a step to step guide from where you can check Tarsons Products IPO allotment status online or offline.
Tarsons Products IPO Allotment Links
Check Allotment on IPOWatch | Click Here |
Check Allotment on KFintech | Click Here |
Check Allotment on BSE India | Click Here |
#Step 1: How to check Tarsons Products IPO Allotment at KFintech?
- Log on to KFintech IPO allotment link – KFintech.com/ipostatus/
- Select IPO Name ‘Tarsons Products Limited’ from the drop-down menu bar
- Select Option from PAN Number, Application Number, or DP ID Option
- As per selection add PAN Number, Application Number, or Demat Account Number
- Click on the ‘Search’ Button
- You will be able to see your Tarsons Products IPO Allotment on the screen (mobile/desktop).
#Step 2: How to check Tarsons Products IPO Allotment at BSE?
- Log on to BSE Website – bseindia.com/investors/appli_check.aspx
- Select box ‘Equity’ in the issue type
- Select IPO Name ‘Tarsons Products Limited’
- Type Your Application Number & PAN Number
- Click on the ‘Search’ Button
- You will be able to see your Tarsons Products IPO Allotment on the screen (mobile/desktop).
#Step 3: How to check Tarsons Products IPO Allotment in Demant Account?
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
- If you got the allotment the credited shares will appear in the Demat account
#Step 4: How to check Tarsons Products IPO Allotment in Bank Account?
- Login to your Bank Account from which you applied the Tarsons Products IPO
- Check the Balance Tab
- If you got the allotment the Amount will be debited
- If you did not get the allotment the Amount will be released
- If you got the allotment you got SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”
Tarsons Products IPO Subscription Status (Final Data)
Category | Day 1 | Day 2 | Day 3 |
QIB | 0.00 | 1.30 | 115.77 |
NII | 0.17 | 3.98 | 184.58 |
RII | 2.12 | 4.74 | 10.46 |
EMP | 0.42 | 1.04 | 1.83 |
Total | 1.09 | 3.58 | 77.49 |
Tarsons Products IPO Date & Price Band
IPO Open: | 15 November 2021 |
IPO Close: | 17 November 2021 |
IPO Size: | Approx ₹1024 Crores |
Fresh Issue: | Approx ₹150 Crores |
Offer for Sale: | Approx 13,200,000 Equity Shares |
Face Value: | ₹2 Per Equity Share |
Price Band: | ₹635 to ₹662 Per Equity Share |
Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | ₹61 per Equity Share |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Tarsons Products IPO Market Lot
Minimum Lot Size: | Minimum 22 Shares for 1 lot |
Minimum Amount: | ₹14,564 for 1 lot |
Maximum Lot Size: | Maximum 286 Shares for 13 lot |
Maximum Amount: | ₹189,332 for 13 lot |
Tarsons Products IPO Time Table
Price Band Announcement: | 10 November 2021 |
Anchor Investors Allotment: | 12 November 2021 |
IPO Open Date: | 15 November 2021 |
IPO Close Date: | 17 November 2021 |
Basis of Allotment: | 23 November 2021 |
Refunds: | 24 November 2021 |
Credit to Demat Account: | 25 November 2021 |
IPO Listing Date: | 26 November 2021 |
Tarsons Products IPO Details
Kolkata-based Tarsons Products Limited is one of the leading Indian life sciences companies. They have good experience in manufacturing a range of quality labware products. They are also dealing with over 1,700 SKUs across 300 products. The company has a plan to raise ₹1,023.47 crores via an initial public offer. The price band is fixed at ₹635 to ₹662. The company reported a profit of ₹68.87 crores in the year ended 2021 that was ₹40.53 crores in 2020. The face value of the stock is ₹2. The company has strong financial and steady revenues as compared to the last few years.