247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Tara Chand Logistic Solutions Limited IPO (Tara Chand Logistic Solutions IPO) Details

Tara Chand Logistic Solutions Limited is an Logistics based company, located in Chandigarh, Tara Chand Logistic Solutions Limited IPO size was 20.46 Cr. and was issued at 55.00 per share. The share of Tara Chand Logistic Solutions Limited were listed at 49.05 per share and are currently trading at 57.01 per share.

Type :
Sub Sector : Providing Reliable And Affordable Logistic And Supply Chain Services
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
72.24 Cr.

PAT :
4.88 Cr.

Pricing Report

Issue Price :
55.00

Listing Price :
49.05

Current Market Price :
57.01

Issue Price vs CMP :
2.01 (3.65%)

listing Price vs CMP :
7.96 (16.23%)

Performance Report (CAGR* wise)

CAGR : 0.53
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Tara Chand Logistic Solutions

Company Information
Tara Chand Logistic Solutions Limited business verticals serve a broad range of industries, including steel, urban and rural infrastructure, oil and
gas, renewable energy etc. As of December 31, 2017 their transportation fleet included 41 owned trailers and their
equipment rental fleet included 286 owned cranes ranging from 10 MT-800 MT lifting capacity. Their Company
own automated steel processing machineries like shear line, twin master, robo master, compressor, decoiling
machines etc. totaling to 32. In their warehousing division, they handled 1.5 million MT of steel in nine months
upto December 31, 2017.They also provide services through equipment hired by them to provide timely and quality
services to their clients Their major clientele includes Reliance industries ltd., Larsen & Toubro Ltd. (seven
Independent Companies), Steel Authority
Show More
Object of Issue
  • Repayment of Certain Secured Borrowings availed by the Company
  • Purchase of Capital Equipment
  • To meet working capital requirement
  • General Corporate Purposes
  • Issue Expenses

Tara Chand Logistic Solutions SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2018
IPO Size :
20.46 Cr.
IPO Subscription :
2.76 X     
PE Multiple :
12.00
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Sharex Dynamic (India) Private Limited
Anchor Investors:

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Peer Companies Of This Sector

FAQs

Tara Chand Logistic Solutions operates in Logistics and Providing Reliable And Affordable Logistic And Supply Chain Services. The Issue is listed on NSE EMERGE in Mar, 2018. Tara Chand Logistic Solutions IPO size was 20.46 Cr. with Issue price of 55.00 .

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 57.01.

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