What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Tarsons Products Limited IPO allotment date?

The basis of allotment for Tarsons Products Limited IPO is scheduled to be finalized on 23 Nov 2021.

Where can I check Tarsons Products Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 24 Nov 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Tarsons Products Limited

ListedMainboard

Industrials / Healthcare Supplies · NSE / BSE

Tarsons Products Limited is a leading Indian life sciences company with over 30 years of experience in manufacturing and supplying labware products that support scientific research and healthcare. The company offers a wide range of consumable and reusable labware, with a portfolio of more than 1,700 SKUs across 300 products, used by research institutions, academic bodies, pharmaceutical companies, CROs, diagnostic labs, and hospitals. Tarsons operates five manufacturing facilities in West Bengal covering around 20,000 square meters and has a strong distribution network of over 141 authorized distributors across India, while also exporting its products to more than 40 countries.

Price Band

₹635 – ₹662

Issue Size

₹1023 Cr

Lot Size

22 shares

GMP

₹180

+27.2%

Est. Listing

₹842

at current GMP

Subscribed

—

Open

15 Nov 2021

17 Nov 2021

Allotment

23 Nov 2021

Refund

24 Nov 2021

Demat Credit

25 Nov 2021

Listing

26 Nov 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Tarsons Products Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

23 Nov 2021

Basis finalization

Refunds Initiate

24 Nov 2021

Mandate release

Demat Credit

25 Nov 2021

Shares in demat

Listing Debut

26 Nov 2021

Trading begins

About Tarsons Products Limited Public Issue & Market Profile

Tarsons Products Limited is bringing an initial public offering (IPO) in the Industrials / Healthcare Supplies sector with an aggregate issue size of ₹1,023.47 Crores. The shares are offered at a price band of ₹635 to ₹662 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2021-11-17, the basis of allotment is scheduled to be finalized on 2021-11-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.