Tara Chand Logistic Solutions Limited IPO
NSE SME₹ 220000 /4000 Shares
*Min Investment
13 Mar, 2018
Open Date15 Mar, 2018
Close Date21 Mar, 2018
Allotment Date23 Mar, 2018
Listing DateIPO Issue Details
- Issue Price Rs 55 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 37,20,000 Equity Shares of Rs 10/- each at a price of Rs 55 per share aggregating to 20.46 Cr
- Listing at NSE SME
- Lead Manager Hem Securities Limited
- Registrar Sharex Dynamic (India) Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Tara Chand Logistic Solutions Limited IPO is an SME IPO, priced at Rs 55 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Mar 13, 2018 to Mar 15, 2018. The allotment is expected to be finalized on Mar 21, 2018, and the tentative listing date is Mar 23, 2018.
The registrar of the IPO is Sharex Dynamic (India) Pvt Ltd , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 17,64,000 | 17,64,000 | 35,28,000 |
Day 1 13-03-18 | 4,46,000 0.25 x | 4,30,000 0.24 x | 8,76,000 0.25 x |
Day 2 14-03-18 | 6,18,000 0.35 x | 15,42,000 0.87 x | 21,60,000 0.61 x |
Day 3 15-03-18 | 46,78,000 2.65 x | 50,74,000 2.88 x | 97,52,000 2.76 x |
Valuations
IPO - Issue Objectives
Repayment of Certain Secured Borrowings availed by the Company
Purchase of Capital Equipment
To meet working capital requirement
General Corporate purposes
Issue Expenses
IPO - FAQs
Ans. Tara Chand Logistic Solutions Limited IPO is a SME IPO. The issue is priced at Rs 55 Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Mar 13, 2018, and closes on Mar 15, 2018. Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Tara Chand Logistic Solutions Limited IPO opens on Mar 13, 2018 and closes on Mar 15, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Tara Chand Logistic Solutions Limited IPO is 37,20,000 Equity Shares of Rs 10/- each at a price of Rs 55 per share aggregating to 20.46 Cr.
Ans. The Tara Chand Logistic Solutions Limited IPO price band is set between Rs 55 Per Equity Share .
Ans. To apply for Tara Chand Logistic Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Tara Chand Logistic Solutions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Tara Chand Logistic Solutions Limited IPO is Mar 21, 2018.
Ans. The Tara Chand Logistic Solutions Limited IPO will be listed on Mar 23, 2018.
Ans. Follow the steps to check the Tara Chand Logistic Solutions Limited IPO allotment status online.
