Timescan Logistics IPO subscription is to start from December 31, 2021, Friday. The company to raise ₹4.81 crores via SME IPO at a price band of ₹51. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on January 04, 2022, Tuesday. The IPO bid for the IPO is 2000 shares that cost ₹102,000 for 1 lot. The face value is ₹10 per equity share. Timescan Logistics is a cargo company and provides logistic services to its clients based in Chennai. The company reported ₹99.76 crores of revenues in 2021 against ₹65.10 crores in 2020. The company’s financial report is looking fine while profit is increasing YOY. Please check the Timescan Logistics IPO details over here.
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We recommend investors may apply for an IPO. Investors should also look at the Retail and HNI numbers before investing. You can check the Timescan Logistics IPO allotment status here.
Timescan Logistics IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| NII | 1.59 | 2.44 | 141.38 |
| RII | 1.71 | 14.97 | 90.34 |
| Total | 1.65 | 8.71 | 115.86 |
Timescan Logistics IPO Date & Price Band
| IPO Open: | 31 December 2021 |
| IPO Close: | 04 January 2022 |
| IPO Size: | Approx ₹4.81 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹51 Per Equity Share |
| Listing on: | NSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Timescan Logistics IPO Market Lot
The Timescan Logistics IPO minimum market lot is 2000 shares with ₹102,000 application amount.
| Lot Size: | Minimum 2000 Shares for 1 lot |
| Minimum Amount: | ₹102,000 for 1 lot |
Timescan Logistics IPO Time Table
The Timescan Logistics IPO date is 31 December 2021 and the IPO close date is 04 January 2022. The allotment date is 07 January 2022 and the IPO may list on 12 January 2022.
| IPO Open Date: | 31 December 2021 |
| IPO Close Date: | 04 January 2022 |
| Basis of Allotment: | 07 January 2022 |
| Refunds: | 10 January 2022 |
| Credit to Demat Account: | 11 January 2022 |
| IPO Listing Date: | 12 January 2022 |
Timescan Logistics IPO Subscription FAQs:
When Timescan Logistics IPO Subscription will start?
The IPO subscription starts on 31 December 2021 for NII, and Retail Investors.
How much Timescan Logistics IPO subscribed?
The IPO subscribed 115.86x times on day 3.
What is Timescan Logistics IPO Retail subscription status?
The RII subscription is 90.34x on day 3.
How to subscribe Timescan Logistics IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Timescan Logistics 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 websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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