31 Mar 2019
Assets211.96
Total Income184.72
EBITDA77.64
Profit After Tax38.96
NET Worth135.27
Reserves and Surplus135.08
Total Borrowing64.76
At a glance
Updated 2026-08-23Tarsons Products is a Mainboard IPO with an issue size of ₹1,023.54 crore, proposed for listing on BSE, NSE. The offer opens on 15th Nov 2021 and closes on 17th Nov 2021. The issue structure includes a fresh issue of ₹149.96 crore and an offer-for-sale component of ₹873.58 crore. The current listing schedule points to 26th Nov 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,023.54 Cr
Fresh issue₹149.96 Cr
Offer for sale₹873.58 Cr
Face value₹2
Price band₹635.00–₹662.00
Allotment23rd Nov 2021
Listing26th Nov 2021
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens15th Nov 2021
Closes17th Nov 2021
Allotment23rd Nov 2021
Refund24th Nov 2021
Demat25th Nov 2021
Listing26th Nov 2021
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/prepayment of certain borrowings of our Company | ₹78.54 Cr |
| Funding capital expenditure for the Proposed Expansion | ₹62.00 Cr |
| General corporate purposes | ₹1.62 Cr |
Financials
Full financials ↗31 Mar 2020
Assets248.71
Total Income180.05
EBITDA73.41
Profit After Tax40.53
NET Worth197.57
Reserves and Surplus197.37
Total Borrowing36.00
31 Mar 2021
Assets295.95
Total Income234.29
EBITDA108.82
Profit After Tax68.87
NET Worth244.34
Reserves and Surplus244.15
Total Borrowing33.50
30 Jun 2021
Assets364.77
Total Income71.13
EBITDA38.74
Profit After Tax24.84
NET Worth268.96
Reserves and Surplus258.77
Total Borrowing64.49
Trend chart₹ crore
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees | 24.15 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 7.05 |
| 3 | Fees payable to the Registrar to the Offer & Banker to the Offer | 0.23 |
| 4 | Fees payable to the other advisors to the Offer | 0.03 |
| 5 | S D T & Co., Chartered Accountants, for providing the statement of special direct and indirect tax benefits available to our Company and to our Shareholders, and to verify the details and provided certifications with respect to certain information included in the DRHP | 0.16 |
| 6 | Statutory Auditors, for issuing the Restated Financial Information | 1.3 |
| 7 | Kalyan Bhattacharya, independent chartered engineer, in respect of the (i) installed capacity, production and capacity utilization of the manufacturing operations of our Company; and (ii) Proposed Expansion, for which the Company is in the process of raising capital by way of the proposed Offer | 0 |
| 8 | Frost & Sullivan for issuing the Frost & Sullivan Report prepared and released by Frost & Sullivan, commissioned and paid for by our Company in connection with the Offer | 0.3 |
| 9 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 4.29 |
| 10 | Printing and distribution of issue stationery | 1.9 |
| 11 | Advertising and marketing expenses | 5.72 |
| 12 | Fee payable to legal counsels | 2.87 |
| 13 | Insurance in connection with the Offer | 0.15 |
| 14 | Miscellaneous | 2.55 |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Managers’ fees | ₹24.15 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹7.05 Cr |
| Fees payable to the Registrar to the Offer & Banker to the Offer | ₹0.23 Cr |
| Fees payable to the other advisors to the Offer | ₹0.03 Cr |
| S D T & Co., Chartered Accountants, for providing the statement of special direct and indirect tax benefits available to our Company and to our Shareholders, and to verify the details and provided certifications with respect to certain information included in the DRHP | ₹0.16 Cr |
| Statutory Auditors, for issuing the Restated Financial Information | ₹1.30 Cr |
| Kalyan Bhattacharya, independent chartered engineer, in respect of the (i) installed capacity, production and capacity utilization of the manufacturing operations of our Company; and (ii) Proposed Expansion, for which the Company is in the process of raising capital by way of the proposed Offer | ₹0.00 Cr |
| Frost & Sullivan for issuing the Frost & Sullivan Report prepared and released by Frost & Sullivan, commissioned and paid for by our Company in connection with the Offer | ₹0.30 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | ₹4.29 Cr |
| Printing and distribution of issue stationery | ₹1.90 Cr |
| Advertising and marketing expenses | ₹5.72 Cr |
| Fee payable to legal counsels | ₹2.87 Cr |
| Insurance in connection with the Offer | ₹0.15 Cr |
| Miscellaneous | ₹2.55 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.