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Open
13 Mar 2018
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Close
15 Mar 2018
3
Allotment
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Listing
Fri, Mar 23, 2018
Price Band
₹55 per share
Issue Size
37,20,000 shares (agg. up to ₹20 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Mar 23, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.43x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 92.00 | 66.27 | 46.13 | 47.83 |
| Total Income | 54.18 | 52.65 | 46.22 | 39.25 |
| Profit After Tax | 3.66 | 2.63 | 1.19 | 0.69 |
| NET Worth | 20.63 | 15.05 | 12.42 | 11.23 |
| Reserves and Surplus | 10.70 | 5.72 | 3.09 | 1.90 |
| Total Borrowing | 39.25 | 31.57 | 24.37 | 27.24 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| South West Pinnacle Exploration Ltd. | SME | ₹35.86 Cr | ₹78 | null | ₹88.30 | +13.21% | ₹226.74 (+1.82%) |
| Rithwik Facility Management Services Ltd. | SME | ₹4.05 Cr | ₹50 | null | ₹45.45 | -9.10% | ₹156.00 (+0.65%) |
| ANI Integrated Services Ltd. | SME | ₹25.66 Cr | ₹100 | null | ₹120.00 | +20.00% | ₹56.70 (+5.00%) |
| SecUR Credentials Ltd. | SME | ₹30.07 Cr | ₹205 | null | ₹198.60 | -3.12% | ₹3.40 (-4.68%) |
| Kaarya Facilities & Services Ltd. | SME | ₹6.40 Cr | ₹40 | null | ₹48.00 | +20.00% | ₹14.54 (-4.97%) |
| Aarvi Encon Ltd. | SME | ₹21.24 Cr | ₹54 | null | ₹54.50 | +0.93% | ₹148.87 (-3.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Certain Secured Borrowings availed by the Company | 5.10 |
| 2 | Purchase of Capital Equipment | 2.00 |
| 3 | To meet working capital requirement | 8.06 |
| 4 | General Corporate purposes | 4.10 |
About Tara Chand Logistic IPO
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 offers 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.+ Read More
Contact Details
Tara Chand Logistic Solutions Ltd. Address342, Industrial AreaPhase IChandigarh, Chandigarh, 160002+91-172-2650380info@tarachandindia.inVisit Website