TSC India IPO Subscribed 1.72x on Day 2

TSC India IPO subscribed over 1.72x on its Second day of subscription, wherein QIB subscribed 1.01x, NII subscribed 1.77x, and RII subscribed 2.09x.

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TSC India IPO subscription started on Wednesday, July 23, 2025, and will close on July 25, 2025, as per the schedule. The price band is set at ₹68 to ₹70 per share with a face value of ₹10. 

TSC India IPO Subscription Status

TSC India IPO subscribed over 1.72x on its Second day till 05.00 PM on 24th July 2025.

  • TSC India IPO subscription QIB investors portion is 1.01x times, while NII subscribed 1.77x times, and RII investors subscribed 2.09x times. 
  • The company has received bids for 42,26,000 shares against 24,62,000  shares on offer on the Second day. 
  • TSC India’s IPO subscribed over 1.72x times on day 2.
  • TSC India’s IPO subscribed over 0.79x times on day 1.

About TSC India IPO

TSC India Limited, founded in 2003, is one of the growing travel management companies that focuses on offering a wide range of air ticketing services for its clients. The company is focused on providing services to B2B and corporate clients, as well as closely working with airlines and travel agents in order to offer cost-effective travel solutions. Moreover, TSC India works with various travel providers to handle travel planning, including flight bookings and corporate itineraries. 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. 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.

TSC India IPO Company Financial Report

The company reported revenue of ₹26.32 crores in 2025 against ₹20.59 crores in 2024. The company reported profit of ₹4.93 crores in 2025 against profit of ₹4.72 crores in 2024.

TSC India IPO GMP

TSC India’s IPO GMP was ₹0 as of Thursday, 24th July. That indicates the IPO is trading at ₹70 with a ₹0 premium in the grey market against the issue price of ₹70.

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