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Global Surfaces Ltd IPO

  • Min. Investment13300/ 100 Shares
  • Min. Quantity100
  • Price Range₹133 - ₹140
  • Date Range13 Mar 23 - 15 Mar 23
  Retail Investor can invest upto Rs 2,00,000 in IPO
  • Application Start Date13 Mar 2023
  • Application End Date15 Mar 2023
  • Allotment begins
  • Refund Initiation Date21 Mar 2023
  • Allotment Date20 Mar 2023
  • Listing On Exchange23 Mar 2023
Registrar Information
  • NameBigshare Services Pvt Ltd
  • Contact no.022-62638200
  • Email
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 174.89 189.37 177.03
Net Profit 33.73 35.46 25.07
Total Assets 158.36 194.27 324.82
  • Wide product portfolio and multiple designs
  • Established presence in international markets
  • Experienced and result oriented Promoter
  • Synergy of young and experienced management team with a committed employee base
  • Effective quality checks thereby reducing loss.
  • The continuing impact of the COVID-19 pandemic on its business and operations is uncertain and it may be significant and continue to have an adverse effect on the company business, operations and its future financial performance.
  • The company is dependent on a few customers for a major part of its revenues. Further its do not enter into long-term arrangements with the company customers and any failure to continue its existing arrangements could adversely affect the company business and results of operations.
  • The company do not have long-term agreements with its suppliers for raw materials and an inability to procure the desired quality, quantity of its raw materials in a timely manner and at reasonable costs, or at all, may have a negative impact on its business, results of operations, financial condition and cash flows.
  • Major portion of its revenues are derived from exports to the United States of America and any adverse developments in this market or restrained economic or political relations of India with the United States of America could adversely affect its business.
  • Under-utilization of its production capacities could have an adverse effect on the company business, future prospects and future financial performance.
  • Increasing its global footprint and augmenting growth in current geographies
  • Setting up strategically located manufacturing facility
  • Continue to add to product portfolio by introducing new designs
  • Technology integration and plant automation to improve productivity
  • Increasing its global footprint and augmenting growth in current geographies
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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