Tara Chand Logistic Solutions IPO is set to make its debut on 13th March 18 with 20.46 cr is engaged in providing logistic and supply chain services
Tara Chand Logistic Solutions IPO – overview
| IPO Dates | 13-15 March 18 |
| IPO Price | INR 55 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,720,000 shares (INR 20.46 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2012, Tara Chand Logistic Solutions Ltd is engaged in providing logistic and supply chain services including transportation and warehousing, equipment rental and steel processing and distribution in India.
They offer their services to a broad range of industries which includes steel, urban and rural infrastructure, oil and gas, renewable energy etc.
Company’s major clientele includes Reliance industries ltd, Larsen & Toubro ltd (seven Independent Companies), Steel Authority of India ltd, Rashtriya Ispat Nigam ltd, Oil and
Natural Gas Corporation ltd, Tata Projects ltd, Hindustan Construction Company ltd, Vedanta ltd, J Kumar Infraprojects ltd, NCC ltd, Welspun Corp, ITD Cementation India ltd, Bharat Heavy Electricals ltd, Gayatri Projects Ltd, Megha Engineering & Infrastructures ltd.
Objects of the Issue
1 Repayment of Certain Secured Borrowings availed by the Company;
2. Purchase of Capital Equipment;
3. To meet working capital requirement;
4. General Corporate purposes;
5. Issue Expenses.
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 6,626.79 | 4,613.09 | 4,783.08 |
| Total Revenue | 5265.07 | 4621.68 | 3925.04 |
| Profit After Tax | 262.97 | 118.74 | 69.16 |
Company Contact Information
Tara Chand Logistic Solutions Ltd
342 Industrial Area,
Phase I,
Chandigarh – 160002
Phone: +91-172-2650380
Email: info@tarachandindia.in
Website: http://www.tarachandindia.in
Tara Chand Logistic IPO Registrar
Sharex Dynamic (India) Pvt Ltd
Phone: +91- 22 – 2851 5606
Email: tclsl.ipo@sharexindia.in
Website: http://www.sharexindia.com
Tara Chand Logistic IPO Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
