Company Background
Tarsons is a leader in India in the production and supply of laboratory plastic ware for use within molecular biology, cell culture, genomics, proteomics and immunology. It applies its unparalleled innovation and expertise in research and development, and combines that with engineering dexterity to create state of the art Plastic Labware and Life Science products. The company presently manufactures disposable plastic labware, centrifuge ware, cryo labware, liquid handling system and instruments.
Business Information
The company has been a dedicated supplier to the healthcare, pharmaceutical, biotech, food and environment sectors globally. The company’s edication towards innovation and research makes them unique and it is their commitment to best quality that makes laboratories around the world depend on them for consumables, reusables, instruments and more. Today Tarsons is a leading manufacturer of Plastic Labware, Bottles, Carboys, Measuring Cylinder, Desiccators, Minicoolers, Cryobox, Test Tube Racks, Pipette tips, Petri Dish, Centrifuge tubes, Cryo vials, Pasteur Pipettes and a wide range of other products.
Facts about the company
The company Products finds applications among a wide variety of institutional clients, including research institutes, pharmaceutical companies, academic institutes, contract research organizations, diagnostic companies, hospitals and medical labs.
Tarson distributes its products in more than 40 countries.
Tarson has been consistently profitable for the last 3 years. For FY21, Tarson has a revenue of Rs 234.92 crore and a gross profit of Rs 68.87 crore which represents a gross margin of 29.3%.
It possesses the expertise in plastic moulding and have a sound knowledge of latest and inventive laboratory techniques, thus each of the products are customized as laboratory needs.
The name Tarsons is synonymous with creativity, togetherness, quality and service.
Points to note before investing in Tarsons Products Ltd IPO
Leading supplier of life sciences products
Extensive product offering
Large addressable market of life sciences industry
Well-equipped and automated manufacturing facilities
Strong sales and distribution network
Experienced Promoter backed by a strong management team
The company remains profitable in the June 2021 quarter. The total margin has been more than 20% in last 3 years.
Tarsons Products IPO Details
IPO Opening Date | November 15, 2021 |
IPO Closing Date | November 17, 2021 |
Issue Type | Book Built Issue IPO |
Face Value | ₹2 per equity share |
IPO Price | ₹635 to ₹662 per equity share |
Market Lot | 22 Shares |
Min Order Quantity | 22 Shares |
Listing At | BSE, NSE |
Allotment, Listing and Refunds details
Basis of Allotment Date | Nov 23, 2021 |
Initiation of Refunds | Nov 24, 2021 |
Credit of Shares to Demat Account | Nov 25, 2021 |
IPO Listing Date | Nov 26, 2021 |
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