TSC India Limited IPO

NSE SME

Offer Date: Jul 23, 2025 - Jul 25, 2025

₹ 140 /2,000 Shares

TSC India IPO Details

23 Jul, 2025

Open Date

25 Jul, 2025

Close Date

28 Jul, 2025

Allotment Date

30 Jul, 2025

Listing Date

Issue Price

₹68-70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Limited

Market Lot

Individual(Retail)(Min) : 4000 Shares (₹2,80,000/-)
Individual(Retail)(Max) : 4000 Shares (₹2,80,000/-)
HNI(Min) : 6000 Shares (₹4,20,000/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

36,98,000 shares (₹25.89 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP

TSC India IPO Details

TSC India Limited IPO is an SME IPO, priced at ₹68-70 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 comprises a total issue of 36,98,000 equity shares, aggregating up to ₹25.89 crores..

The IPO bidding window is open from Jul 23, 2025 to Jul 25, 2025. The allotment is expected to be finalized on Jul 28, 2025, and the tentative listing date is Jul 30, 2025.

The minimum lot size for retail investors is 4,000 shares, with a minimum investment of ₹2,80,000. For HNIs, the minimum application size is 3 lots , amounting to ₹ 4,20,000.

Expert Global Consultants Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Limited, and

TSC India Valuations

EPS Pre IPO

₹4.53

EPS Post IPO

₹3.85

P/E Pre IPO

15.44

P/E Post IPO

18.17

ROE

54.10%

ROCE

27.39%

Debt/Equity

RoNW

54.10%

PAT Margin

24.25%

Price to Book Value

1.55

TSC India Company Financials All values are in ₹ Cr.

	30-Jun-24	31-Mar-24	31-Mar-23	31-Mar-22
Assets	45.29	54.03	26.16	14.55
Revenue	6.13	20.72	9.85	4.92
Profit After Tax	1.35	4.69	1.19	0.29
Net Worth	12.23	8.67	4.53	3.57
Reserves & Surplus	8.09	6.75	2.61	1.65
Total Borrowing	9.74	17.76	13.08	4.75

About The Company

Established in 2003, TSC India Limited is a travel management firm with expertise in holistic air ticketing services for its customers. Operating in B2B and corporate markets, TSC works with airlines and travel agencies to offer economy-conscious travel solutions.TSC collaborates with several travel suppliers to coordinate travel arrangement, such as reserving flights and coordinating corporate travel itineraries. With an operational base in cities including Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, it demonstrates its growing footprints in India.

The company deals with a wide range of clients, from travel agencies, corporations, to tour operators.The firm handles more than 420 bookings per day, 3,000 per week, and 12,000 per month, showcasing efficient operations. It had over 2,100 customers by June 30, 2024, exhibiting a robust B2B travel market share.

The firm provides the following services:
Booking Management: Efficient processes allow precise air travel bookings.
Analytical Reporting Systems: Data-driven insights enable customers to analyze travel trends and implement better strategies.
Cost-Effective Solutions: Affordable prices provide clients with quality travel solutions at optimal prices.
Consulting and Negotiating Skills: Consulting services assist with travel requirements and negotiate beneficial terms.
24/7 Emergency Assistance: 24/7 assistance is provided without additional cost, offering urgent support in case of emergency disruptions.
Open Transparent Practices: Openness and transparency in discussing prices and policies foster client trust.
One-Stop Integrated Solutions: One platform streamlines management and provides travel information and services.
Customer-Oriented Service: Experienced professionals effectively cater to client requirements and firmly believe in customer service satisfaction.

As of September 30, 2024, the company had 77 employees working in different departments namely Administration, Finance, HR, Projects, Procurement, R&D, Sales, Operations, and Design.

TSC India - Promoter(s)

Pre Issue Share Holding: 90.74%

Company Promoter(s)

Mr Ashish Kumar Mittal
Mrs Puja Mittal
Mr Vinay Gupta

TSC India IPO - Issue Objectives

Working Capital Requirements of the Company
General Corporate Purposes
Issue Expenses

Other Details

Company Contact Details

TSC India

TSC India Ltd. Office No. 3, 2nd Floor Midland Financial Centre, Plot No. 21-22, G.T. Road, Jalandhar, Punjab, 144001

Phone: +91-181-4288888

Email: cs@tscpl.biz

Website: https://www.tscindialimited.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/IPO_Status.html

TSC India IPO - FAQs

Ans. TSC India Limited IPO is a SME IPO. The issue is priced at ₹68-70 per equity share. The minimum order quantity is 2,000 Shares. The IPO opens on Jul 23, 2025, and closes on Jul 25, 2025. Bigshare Services Pvt Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The TSC India Limited IPO opens on Jul 23, 2025 and closes on Jul 25, 2025.

Ans. The size of TSC India Limited IPO is 36,98,000 shares (₹25.89 Cr).

Ans. The IPO price band is set between ₹68-70 per equity share.

Ans. To apply for TSC India Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find TSC 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 TSC India Limited IPO is Jul 28, 2025.

Ans. The TSC India Limited IPO will be listed on Jul 30, 2025.

Ans. Follow the steps to check the allotment status for TSC India Limited IPO here.