Timescan Logistics (India) Limited IPO
NSE SMEListed On: Jan 12, 2022 at ₹ 82.0
₹ 204000
/4000 Shares
*Min Investment
31 Dec, 2021
Open Date04 Jan, 2022
Close Date10 Jan, 2022
Allotment Date12 Jan, 2022
Listing DateIPO Issue Details
- Issue Price ₹51 per equity share
- Face Value ₹10 Per Equity Share
-
Issue Price
944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr)
#Fresh Issue: 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr) - Listing at NSE SME
- List Price 82.0
- Listing Date 2022-01-12
- Lead Manager Finshore Management Services Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Details
Timescan Logistics (India) Limited IPO is an SME IPO, priced at ₹51 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 31, 2021 to Jan 4, 2022. The allotment is expected to be finalized on Jan 10, 2022, and the tentative listing date is Jan 12, 2022.
The registrar of the IPO is Cameo Corporate Services Limited, and
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IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 4,48,000 | 4,48,000 | 8,96,000 |
|
Day 1
31-12-21 06:00 PM
|
1.59 x | 1.71 x | 1.65 x |
|
Day 2
03-01-22 06:00 PM
|
2.44 x | 14.97 x | 8.71 x |
|
Day 3
04-01-22 06:00 PM
|
141.38 x | 90.34 x | 115.86 x |
Valuations
Company Financials
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 31.22 | 30.45 | 14.83 | 13.96 |
| Revenue | 27.24 | 99.76 | 65.09 | 63.93 |
| Profit After Tax | 0.40 | 1.24 | 0.79 | 0.83 |
About Company
Timescan Logistics is a Multimodal Transport Operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider. The business provides a complete range of transport and freight-related services like Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading/unloading, etc. It is a registered custom house broker with Custom offices - Chennai, Vijaywada, and Mundra and also a member of the World Cargo Alliance for its global reach.
The business also has a 16,354 Sq. ft warehouse on long-term lease under Free Trade Warehousing Zone of JMD Chennai SEZ.
- Promoter(s)
Mr. Moulana Taufeek Islam
Mrs. Ayisha Beevi
Pre Issue Share Holding : 99.88%
Post Issue Share Holding : 72.89%
IPO - Issue Objectives
Working capital requirements.
General corporate purposes.
Issue expenditures.
IPO - FAQs
Ans. Timescan Logistics (India) Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 31, 2021, and closes on Jan 4, 2022. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Timescan Logistics (India) Limited IPO opens on Dec 31, 2021 and closes on Jan 4, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Timescan Logistics (India) Limited IPO is 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr) #Fresh Issue: 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr).
Ans. The Timescan Logistics (India) Limited IPO price band is set between ₹51 per equity share.
Ans. To apply for Timescan Logistics (India) Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Timescan Logistics (India) 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 Timescan Logistics (India) Limited IPO is Jan 10, 2022.
Ans. The Timescan Logistics (India) Limited IPO will be listed on Jan 12, 2022.
Ans. Follow the steps to check the Timescan Logistics (India) Limited IPO allotment status online.