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EMS Ltd IPO

  • Min. Investment14000/ 70 Shares
  • Min. Quantity70
  • Price Range₹200 - ₹211
  • Date Range08 Sep 23 - 12 Sep 23
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date08 Sep 2023
  • Application End Date12 Sep 2023
  • Allotment begins
  • Refund Initiation Date18 Sep 2023
  • Allotment Date15 Sep 2023
  • Listing On Exchange21 Sep 2023
Registrar Information
  • NameKFin Techologies Ltd
  • Contact no.+91 40 6716 2222
  • Email IDems.ipo@kfintech.com
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY21 FY22 FY23
(Rs Crore)
Revenue 306.94 337.66 484.25
Net Profit 69.82 75.16 103.19
Total Assets 371.93 486.42 555.97
Strengths
  • In house designing, engineering and execution team;
  • Strong order book of projects across India;
  • Strong execution capabilities with industry experience and established track record;
  • Experienced Promoters and Management Team.
  • Strong Financial Performance for the last 3 years:
Risks
  • The Company, its Promoters/Director and its Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
  • The company has been black-listed in past.
  • Most agreements that the company has entered into in connection with its business contain a penalty or liquidated damage clause for delay in the completion of a project that takes effect should the completion of a project be delayed.
  • The company bid for WWTPs and WSSPs mostly funded by the World Bank through Central and State Governments and derive its revenues from the contracts awarded to it. Any reduction in budgetary allocation to this sector may affect the number of projects that the government authorities/bodies may plan to develop in a particular period. Its business is directly and significantly dependent on projects awarded by them.
  • The company deploy traditional technologies in the designing and installation of WWTPs or WSSPs. Any incapability to adopt a new technology or change in the requirement of a particular technology by the government authorities may affect its position to bid for WWTPs or WSSPs.
Opportunities
  • Increasing the size of projects and its pre-qualification.
  • Expansion of its footprint.
  • Capitalize on Government policy initiatives in WWTP and WSSP sectors.
  • Continue to enhance its core strengths by attracting, retaining and training qualified personnel.
  • Increasing the size of projects and its pre-qualification.
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).

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