IPO

TSC India Limited IPO

NSE SME

Listed On: Jul 30, 2025 at ₹ 68.0

₹ 280000 /4000 Shares
*Min Investment

Check Allotment

23 Jul, 2025

Open Date

25 Jul, 2025

Close Date

28 Jul, 2025

Allotment Date

30 Jul, 2025

Listing Date
TSC India IPO Issue Details
  • Issue Price ₹68-70 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 36,98,000 shares(aggregating up to ₹25.89 crore)
  • Fresh Share 36,98,000 shares(aggregating up to ₹25.89 crore)
  • Listing at NSE SME
  • List Price 68.0
  • Listing Date 2025-07-30
  • Lead Manager Expert Global Consultants Private Limited
  • Registrar Bigshare Services Pvt Limited
Market Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)24,000₹2,80,000
Retail(max)24,000₹2,80,000
NII (min) 36,000₹4,20,000
TSC India IPO Documents
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

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TSC India IPO Subscription Analysis And Details
Retail
66.47x
Total
73.35x
As onQIB / NIIRetailTotal
Shares Offered / Reserved7,04,000 / 5,28,00012,30,00024,62,000
Day 1 23-07-25 06:00 PM
1.01 / 0.44 x0.81 x0.79 x
Day 2 24-07-25 06:00 PM
1.01 / 1.77 x2.10 x1.72 x
Day 3 25-07-25 06:00 PM
40.15 / 133.17 x66.47 x73.35 x

Total No of Applications
26,060
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%
RoNW 54.10%
PAT Margin 24.25%
Price to Book Value 1.55
TSC India Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets61.4553.3326.16
Revenue26.3220.599.85
Profit After Tax4.934.721.22
Net Worth15.838.744.56
Reserves & Surplus5.486.822.64
Total Borrowing25.5317.7613.08
About TSC India 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.

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TSC India - Promoter(s)

Mr Ashish Kumar Mittal

Mrs Puja Mittal

Mr Vinay Gupta

Pre Issue Share Holding : 90.74%

TSC India IPO - Issue Objectives
1

Working Capital Requirements of the Company

2

General Corporate Purposes

3

Issue Expenses

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

+91-181-4288888

cs@tscpl.biz

https://www.tscindialimited.com/

Registrar Contact Details