On the last day, the TSC India IPO subscribed 73.21 times overall, while the retail quota subscribed 66.47 times, the QIB subscribed 40.03 times, and the NII quota subscribed 133.17 times, respectively.
TSC India IPO Details
TSC India got approval from SEBI for the IPO of ₹25.89 crores, which is an entirely fresh issue of ₹25.89 Crores with a face value of ₹10 each share. It was subscribed beyond expectations. It has a set price band of ₹68 to ₹70 Per Share.
TSC India Funds Utilisations
The IPO proceeds will be utilized to handle the working Capital Requirements of the Company. Some funds will be used for the company’s General Corporate Purposes. Lastly, some funds will be used as Issue Expenses.
TSC India Shares Distributions
Moreover, the retail category had 4,000 shares in a 2-lot size with a minimum application and a maximum.
- S-HNI Minimum got 6,000 shares in 3 lot sizes.
- S-HNI Maximum got 14,000 shares in 7 lot sizes.
- B-HNI Minimum got 16,000 shares in 8 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹2,80,000
- Retail Maximum Application:-₹2,80,000
- S-HNI Minimum:-₹4,20,000
- S-HNI Maximum:-9,80,000
- B-HNI Minimum:-11,20,000
TSC India Subscription Duration
Started on July 23, 2025, and closed on June 25, 2025. The allotment was on July 28, 2025, and non-allottees got a refund on July 29, 2025. TSC India ‘s IPO listing is July 30, 2025.
About TSC India IPO
Incorporated in 2003, TSC India Limited is one of the leading travel management companies that is engaged in providing a comprehensive range of air ticketing services for its clients. TSC India is dedicated to offering services to B2B and corporate clients, also working closely with airlines and travel agents in India with the aim of providing cost-effective travel solutions. TSC India works with various travel providers to handle travel planning, including flight bookings and corporate itineraries. Currently, the company handles 420 bookings daily, 3000 weekly, and 12,000 monthly, registering over 2100 customers. The company includes 77 people as of September 30, 2024. Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune are some of the cities where the company currently runs its operations, making it one of the rapidly growing companies in India.
TSC India IPO Financial Background
The company reported revenue of ₹26.32 crores in 2025 against ₹20.59 crores in 2024. The company reported a profit of ₹4.93 crores in 2025 against a profit of ₹4.72 crores in 2024.
