
Manufacturing · NSE
The company, established in 2003, is a travel management firm specializing in air ticketing services, primarily catering to B2B and corporate clients. It offers end-to-end travel planning, including flight bookings and itinerary management, and works closely with airlines and travel agents to provide cost-effective solutions. With operations spread across key Indian cities such as Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, the company serves a diverse client base comprising travel agencies, corporate houses, and tour operators, maintaining a strong foothold in the B2B travel segment. As of June 30, 2024, it had over 2,100 registered customers and handled more than 420 bookings daily, over 3,000 weekly, and around 12,000 monthly. By September 30, 2024, the company employed 77 professionals across various departments, including Administration, Finance, HR, Projects, Procurement, R&D, Sales, Operations, and Design.
Price Band
₹68 – ₹70
Issue Size
₹25.88 Cr
Lot Size
2000 shares
GMP
+14.3%
Est. Listing
₹80
at current GMP
Subscribed
68.28x
overall
Open
23 Jul 2025
Close
25 Jul 2025
Allotment
28 Jul 2025
Refund
29 Jul 2025
Demat Credit
30 Jul 2025
Listing
30 Jul 2025
Overall Subscription
68.28x
Total Demand
QIB Multiplier
40.15x
Institutions & Funds
NII / HNI
133.54x
High Net-Worth
Retail (RII)
66.76x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 702,000 | 28,182,000 | 40.15x |
| NIB | 528,000 | 70,510,000 | 133.54x |
| HNIs(10L +) | 352,000 | 57,300,000 | 162.78x |
| HNIs (2-10L) | 176,000 | 13,210,000 | 75.06x |
| RETAIL | 1,230,000 | 82,112,000 | 66.76x |
| Total | 2,988,000 | 251,314,000 | 68.28x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 18 | 0.00x |
| NIB | — | 5,604 | 0.00x |
| HNIs(10L +) | — | 3,520 | 0.00x |
| HNIs (2-10L) | — | 2,084 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
TSC India Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹25.88 Crores. The shares are offered at a price band of ₹68 to ₹70 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-30, while un-allotted funds or UPI block mandates will be released on 2025-07-29.
The latest Grey Market Premium (GMP) for TSC India Limited IPO is ₹10 per equity share. Based on the upper price band of ₹68 to ₹70 per equity share, the estimated listing price is ₹80 (+14.3% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹10, the expected profit per application lot is approx ₹20,000 (+14.3% gain). Minimum application cost is approx ₹1,40,000.
The TSC India Limited IPO aggregate issue size is ₹25.88 Crores with an equity price band set at ₹68 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 68.28x (Retail: 66.76x, QIB: 40.15x, NII: 133.54x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-07-28. Investors can verify status using PAN card or application number.
TSC India Limited shares are scheduled to list on NSE on 2025-07-30.