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IPO

IPO SNAPSHOT

Tara Chand Logistic Solutions Ltd.
Issue Open Date 13-Mar-18  
Issue Closing Date 15-Mar-18  
Application Money 100  
Allotment Money  
Price Band 55 -  
Minimum Bid Quantity. 2000  
Issue Size (Shares) 3720000  
Market Lot 1  
Objective :
Repayment of Certain Secured Borrowings availed by our Company.Purchase of Capital Equipment.To meet working capital requirementGeneral Corporate purposesIssue Expenses
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     4660000    
Qualified Institutional Buyers     18000    
Retail Individual Investors     18000    
Business Description
Our company was incorporated as Tara Chand Logistic Solutions Limited on February 10, 2012 under theprovision of Companies Act, 1956 in Registrar of Companies, Punjab and Chandigarh for the purpose ofacquiring the proprietary business of M/s. Tara Chand & Sons, which... More >>
Promoter's Holding
Total Share Capital   9923980  
Offered to Public   3720000  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)   72.73  
Address
342 Industrial Area
Phase I

Chandigarh ,
Punjab ,
160002
Phone : 072-2650380
Email : info@tarachandindia.in
Website : www.tarachandindia.in
Registrar
Sharex (India) Pvt Ltd
17/B Dena Bank Building
2nd floor
Horniman Circle
Fort
Mumbai
Listed at
NSE
Lead Manager
Hem Securities Ltd.
Promoters
Ajay Kumar
Vinay Kumar