Tarsons Products IPO subscription to start from November 15, 2021, Monday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on November 17 2021, Wednesday. The company to raise ₹1024 crores via IPO at a price band of ₹635 to ₹662. The minimum bid for the IPO is 22 shares that cost ₹14,564 for 1 lot. The Kolkata based Tarsons Products Limited is one of the leading Indian life sciences company. They have best experience in the production and supply of labware products. They have strong products portfolio in consumables, reusables, and others categories. The company reported ₹234 crores of revenues in 2021 against ₹180 crores in 2020. Please check the Tarsons Products IPO details over here.
IPOWatch View
We recommend investors to apply the IPO for long term gain. Investors should look at the QIB and HNI numbers as well as Tarsons Products grey market premium movement before investing. You can check the Tarsons Products IPO allotment status here.
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 | 10.56 |
| 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
The Tarsons Products IPO minimum market lot is 22 shares with ₹14,564 application amount. The retail investors can apply up-to 13 lots, 286 shares with ₹189,332 application amount.
| 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
The Tarsons Products IPO date is 15 November 2021 and the IPO close date is 17 November 2021. The allotment date is 23 November 2021 and the IPO may list on 26 November 2021.
| 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 Subscription FAQs:
When Tarsons Products IPO Subscription will start?
The IPO subscription starts on November 15, 2021 for QIB, NII, and Retail Investors.
How much Tarsons Products IPO subscribed?
The IPO subscribed 77.49 times on day 3.
What is Tarsons Products IPO Retail subscription status?
The RII subscription is 10.56 on day 3.
How to subscribe Tarsons Products IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How to Apply the Tarsons Products IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Tarsons Products”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Tarsons Products IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Tarsons Products”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
How do i check live Tarsons Products IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.
