The initial public offering (IPO) of labware company Tarsons Products was subscribed 77.50 times by the end of its bidding process. Qualified institutional buyers’ portion was subscribed 115 times, non- institutional investors’ portion 184 times, and the retail portion was subscribed by 10.5 times. The company had priced the issue between Rs 635- Rs 662 per share.
The IPO comprised of a Rs 150 crore fresh issue and Rs 874 crore offer for sale (OFS). The IPO opened for subscription on November 15 and closed on November 17. Here’s how you can check the status of allotment on the website of BSE or the registrar’s website.
Tarsons Products IPO: How To Check Allotment Status:
Steps to check the status of allotment through the BSE website:
- Log in to https://www.bseindia.com/investors/appli_check.aspx
- Select Tarsons Products IPO from the list
- Enter your application number
- Provide your PAN number
- Verify that you are not a robot and click ‘submit’
Steps to check the allotment on the website of IPO registrar.
- Select IPO (Tarsons Products Limited)
- Select and enter either the application number, or DPID/Client ID, or PAN number
- Enter Captcha and click on submit button.
Tarsons Products is a leading life sciences company and is involved in manufacturing a range of quality labware products that helps advance scientific discovery and improve healthcare systems. Its products are used in various laboratories across research organizations, academic institutes, diagnostic centres, pharmaceutical companies, hospitals, among others.
The company had raised Rs 306 crore from 32 anchor investors, which included government of Singapore, Abu Dhabi Investment Authority, ICICI Prudential Smallcap Fund, Mirae Asset Healthcare Fund and Aditya Birla MF. The company may get listed on November 26 on the stock exchanges.