Tara Chand Logistic Solutions IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 20.46 Cr. The company is based in Chandigarh and caters to Logistics sector. Hem Securities is the merchant banker of Tara Chand Logistic Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th January 2018.
Tara Chand Logistic Solutions IPO open date is 13th March 2018 and close date is 15th March 2018. IPO Allotment Date is 30th November -0001 and Listing date is 23rd March 2018.Tara Chand Logistic Solutions IPO size is ₹ 20.46 Cr. with IPO price of ₹ 55.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Tara Chand Logistic Solutions IPO. Universal Capital Securities Private Limited (Prev known as Mondkar Computers Private Limited) is the Registrar and Market Maker is Hem Finlease Private Limited for Tara Chand Logistic Solutions IPO.
Tara Chand Logistic Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Tara Chand Logistic Solutions IPO, based in Chandigarh, operates in the Logistics sector with a focus on providing reliable and affordable logistic and supply chain services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Tara Chand Logistic Solutions IPO size is ₹ 20.46 Cr. with fresh issue size of ₹ 20.46 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Tara Chand Logistic Solutions IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Tara Chand Logistic Solutions IPO allotment status on the registrars website, Universal Capital Securities Private Limited (Prev known as Mondkar Computers Private Limited) . Tara Chand Logistic Solutions IPO refund dates are 30th November -0001.
Tara Chand Logistic Solutions IPO is expected to be listed on 23rd March 2018.
The upper price band for the Tara Chand Logistic Solutions IPO is set at ₹ 55.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Tara Chand Logistic Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Tara Chand Logistic Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th March 2018. After submission, funds are blocked until the basis of allotment of Tara Chand Logistic Solutions IPO is finalised.
The merchant banker for Tara Chand Logistic Solutions IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tara Chand Logistic Solutions IPO RHP for further details.
The registrar for Tara Chand Logistic Solutions IPO is Universal Capital Securities Private Limited (Prev known as Mondkar Computers Private Limited) . Investors can go to Universal Capital Securities Private Limited (Prev known as Mondkar Computers Private Limited) registrar website for IPO allotment status, refund processing, and other queries related to Tara Chand Logistic Solutions IPO through their official website or helpline.
Tara Chand Logistic Solutions IPO was subscribed 2.76 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Tara Chand Logistic Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tara Chand Logistic Solutions Financial Review Page
Merchant Banker(s) of Tara Chand Logistic Solutions IPO: Hem Securities Limited
Tara Chand Logistic Solutions IPO subscription was 2.76 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tara Chand Logistic Solutions IPO listed at a listing price of 49.05 against the offer price of 55.00.
The current market price of Tara Chand Logistic Solutions is 64.65.
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