Tarsons Products IPO to list on NSE and BSE on 26 November 2021, Friday at 10:00 AM. Tarsons Products is one of the leaders in the science labware and plastic labware industry. They supply their products to healthcare, pharmaceutical, biotech, food, and environment sectors globally. The IPO subscribed 77.49x times that comprises Qualified Institutional Buyer (QIB) 115.77x, Non-institutional Bidders (NII) 184.58x, and Retail (RII) 10.56x. The company reported a profit of ₹68.87 crores in 2021 against a profit of ₹40.53 crores in 2020. The revenues look good with improvement in 2021 to ₹234 crores against ₹180 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ₹850 to ₹950 range. Check out the Tarsons Products IPO listing details as given below:
Latest Update: Tarsons Products IPO is listed at 3% premium at ₹682. As the market was open down with almost 300 points down in Nifty, all the stocks open in red while we have a premium listing but not as expected as per the GMP suggested. The Tarsons Products share price traded at 20% higher on the listing price with circuit. Happy Investing!
Tarsons Products Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price | ₹662.00 | ₹662.00 |
| List Price | ₹682.00 | ₹682.00 |
| High Price | ₹840.00 | ₹818.40 |
| Low Price | ₹634.00 | ₹682.00 |
| Close Price | ₹840.00 | ₹0.00 |
| Volume | 2,629,995 | 13,411,618 |
BSE Notice of Listing: Notice
Tarsons Products IPO Listing Details
Find the Tarsons Products IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Tarsons Products share listing day.
| BSE Code | 543399 |
| NSE Code | TARSONS |
| Group | B Group |
| ISIN No | INE144Z01023 |
| Offer Price | ₹662 |
| Face Value | ₹2 |
| Listing Date | 26 November 2021, Friday |
Important Links:
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
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 Listing FAQs:
When is Tarsons Products IPO Listing Date?
Tarsons Products IPO listing date is 26 November 2021, Friday.
What will be the estimated listing price of Tarsons Products stock?
As per the market speculations, the IPO might list at ₹850 to ₹950 level. If the market supports the stock might go on a higher side around ₹1000 level while on the downside the stock might hit to ₹800 level.
How many returns are expected in Tarsons Products IPO?
The IPO might give a listing gain of ₹4000 to ₹5000.
What is Tarsons Products Share Price on Listing Day?
The IPO is listed at ₹682.00 on NSE and at ₹682.00 on BSE.
Will Tarsons Products will list on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.
Should I buy Tarsons Products shares on a listing day?
Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.
What is a BSE and NSE Code for the Tarsons Products IPO?
The BSE Code is 543399 while NSE Code is TARSONS.
