TSC India Limited IPO

TSC India Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹68 - ₹70

Total Issue

₹25.89 Cr

Bid Dates

23 Jul - 25 Jul

Subscription

73.44x

Est. GMP

₹8 (11.43%)

Website RHP Check Allotment

TSC India IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

TSC India Limited is a B2B-focused travel management company specializing in corporate air ticketing services. It partners with airlines and travel agents to offer cost-effective and efficient travel solutions tailored to business needs. Through its strong industry network, TSC ensures streamlined services for corporate clients, emphasizing reliability and value. TSC’s operations encompass partnerships with a range of travel service providers, enabling it to manage various aspects of travel planning, including booking air tickets. The company operates in multiple cities across India

TSC India IPO Lot Size

Lot Information for TSC India IPO
Category Lots Shares Amount
Individual (Min) 2 4,000 ₹2,80,000
Individual (Max) 2 4,000 ₹2,80,000
S-HNI (Min) 3 6,000 ₹4,20,000
S-HNI (Max) 7 14,000 ₹9,80,000
B-HNI (Min) 8 16,000 ₹11,20,000
Market Maker
1,86,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

TSC India IPO Size

Total ₹25.89 Cr
Fresh Issue
₹25.89 Cr (0.37 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

TSC India IPO Live Subscription

Updated as on 25-Jul-2025 19:00:52 hrs

Category Sub (x) Offered Bids
QIB 40.15x 7,02,000 2,81,82,000
NII 133.19x 5,28,000 7,03,24,000
bHNI 162.26x 3,52,000 5,71,14,000
sHNI 75.06x 1,76,000 1,32,10,000
Individual Investor 66.65x 12,32,000 8,21,12,000
Total 73.36x 24,62,000 18,06,18,000

TSC India IPO GMP

GMP ₹8
Est. Price ₹78
Est. Gain 11.43%

Peer Comparison

  • There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.

Financials

(Rs. in crores)

Financial Performance Metrics for TSC India IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 25.78 19.37 9.39
Profit after Tax 4.93 4.72 1.22
Net Worth 15.83 8.74 4.56
Total Borrowing 25.53 17.76 13.08
Total Assets 61.45 53.33 26.16
NAV per share (in ₹) 15.29 45.50 23.77
EPS - Basic (in ₹) 5.07 9.83 2.54

KPIs

EBITDA

33.96%

PAT

19.11%

ROE

31.13%

ROCE

19.49%

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

90.74%

Public

9.26%

Ashish Mittal 44.38%
Vinay Gupta 26.97%
Puja Mittal 15.70%
Other Promoter 3.69%

Management

Ashish Mittal MD
Vinay Gupta CFO

Registrar & Lead Managers

Lead Managers (1)

Frequently Asked Questions

What is TSC India IPO?
TSC India IPO is a SME IPO having an issue size of ₹25.89 Crs. TSC India IPO is priced at ₹68 - ₹70 per share. The issue opens on 23 Jul 25 and closes on 25 Jul 25.
When will TSC India IPO open?
TSC India IPO opens on 23 Jul 25 and closes on 25 Jul 25.
What is the GMP of TSC India IPO?
The estimated Grey Market Premium of TSC India IPO is ₹8 per share (11.43%).
What is the lot size of TSC India IPO?
The minimum lot size of TSC India IPO is 2000 shares & the minimum application amount is Rs. 140000.
When is the allotment of TSC India IPO?
The allotment date of TSC India IPO is 28 Jul 25.
What is the listing date of TSC India IPO?
The listing date of TSC India IPO is 30 Jul 25.
What is the subscription of TSC India IPO?
TSC India IPO is subscribed 73.44 times.
What is the price band of TSC India IPO?
TSC India IPO is priced at ₹68 - ₹70 per share.
How to check allotment status of TSC India IPO?
Click the allotment link on TSC India IPO page of IPO360.
How to apply TSC India IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply TSC India IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply TSC India IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select TSC India IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date