IPO Issue Details
Issue Price / Price Band₹70 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size36,98,000 shares (aggregating up to ₹25.89 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 23 Jul 2025
Subscription CloseFri, 25 Jul 2025
Anchor AllotmentTue, 22 Jul 2025
Basis of AllotmentMon, 28 Jul 2025
Initiation of RefundsTue, 29 Jul 2025
Credit of Shares to DematTue, 29 Jul 2025
Listing DateWed, 30 Jul 2025
UPI Mandate Deadline2025-07-25
Application & Investment Details
Retail — Min (2 Lots)₹2,80,000 — 4000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (3 Lots)₹4,20,000 — 6000 shares
EPS (Pre-IPO)₹4.53
EPS (Post-IPO)₹3.85
P/E Ratio (Pre-IPO)15.44x
P/E Ratio (Post-IPO)18.17x
Net Offer to Public35,12,000 shares (aggregating up to ₹24.58 Cr)
Reserved for Market Maker1,86,000 shares (aggregating up to ₹1.30 Cr)
Pre-IPO Promoter Holding1,03,50,000 shares
Post-IPO Promoter Holding1,40,48,000 shares
About TSC India Ltd.
Incorporated in 2003, TSC India Limited is a travel management company specializing in comprehensive air ticketing services for its clients. Focused on B2B and corporate sectors, TSC collaborates with airlines and travel agents to provide cost-effective travel solutions.TSC partners with various travel providers to manage travel planning, including booking flights and organizing corporate itineraries. Operating in cities like Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, it reflects its expanding presence in India.The company has a diverse client base, including travel agencies, corporations, and tour operators.The company manages over 420 bookings daily, 3,000 weekly, and 12,000 monthly, demonstrating operational efficiency. By June 30, 2024, it registered over 2,100 customers, highlighting its strong B2B travel market presence.The company offers the following services:-Booking Management: Streamlined processes enable accurate air travel reservations.Analytical Reporting Systems: Data-driven insights help customers analyze travel patterns and optimize strategies.Cost-Effective Solutions: Competitive pricing ensures clients get quality travel solutions at optimal rates.Consulting and Negotiation Expertise: Consulting services help navigate travel requirements and secure favourable terms.24/7 Emergency Support: 24/7 assistance is available at no extra cost, providing immediate support during emergency disruptions.Transparent Practices: Transparent communication about pricing and policies builds client trust.Integrated One-Stop Solutions: One platform simplifies management and offers travel info and services.Customer-Focused Service: Experienced professionals efficiently meet client needs and strongly commit to customer service satisfaction.As of September 30, 2024, the company employed 77 people across various departments, including Administration, Finance, HR, Projects, Procurement, R&D, Sales, Operations, and Design.Competitive Strength:Automated accounting solutions designed to simplify financial management.Offers real-time updates on flights and hotels.Support is provided throughout the booking process, from inquiries to confirmations.Instant Booking and Confirmation.The platform offers diverse travel services like flights, accommodations, and car rentals.Quick and reliable booking confirmations to reduce uncertainties and delays.Platform integrates with Global Distribution Systems (GDS) to access various travel services and competitive rates.
Objects of the Issue
TSC India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirements of the Company
22.00
2
2 General Corporate Purposes
1.14
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,03,50,000 shares
Post-IPO Promoter Holding
1,40,48,000 shares