Globesecure Technologies Ltd IPO

  • Min. Investment116000/ 4000 Shares
  • Min. Quantity4000
  • Price Range₹29
  • Date Range23 May 22 - 25 May 22
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date23 May 2022
  • Application End Date25 May 2022
  • Allotment begins
  • Refund Initiation Date31 May 2022
  • Allotment Date30 May 2022
  • Listing On Exchange02 Jun 2022
Registrar Information
  • NameSkyline Financial Services Pvt
  • Contact no.011 40450193-97
  • Email IDvirenr@skylinerta.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 FY19 FY20 FY21
(Rs Crore)
Revenue 9.92 19.18 19.08
Net Profit 0.62 0.12 1
Total Assets 15.66 22.44 27.59
Strengths
  • Experienced Management who lead the company to scale up and expand into new opportunities
  • Dedicated tech support team to provide services/ solutions to its customers
  • Handled Complex migration projects
  • Dynamic revenue model with continued relation with clientele
  • Experienced Management who lead the company to scale up and expand into new opportunities
Risks
  • If the cyber security market does not continue to adopt its security solutions, its sales will not grow as quickly as anticipated, or at all, and its business, results of operations, financial condition, and cash flows could be adversely affected.
  • A network or data security incident may allow unauthorized access to its network or data, harm its reputation, create additional liability and adversely impact its results of operations, financial condition, and cash flows.
  • The Company and Directors are party to certain legal proceedings. Any adverse outcome in such proceedings may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.
  • If the company is not successful in executing its strategy to increase sales of its offerings to new and existing large enterprise clients, its operating results may suffer.
  • Its inability to compete successfully against competitors, pricing pressures or loss of market share could materially adversely affect its business, results of operations, financial condition, and cash flows.
Opportunities
  • Continue to expand its client base and increase offerings to existing client base
  • Attract, develop and retain skilled employees to strengthen capabilities
  • Expand its Managed Services offerings
  • Target High Growth Opportunity areas in the Cyber Security Services market
  • Build Service Capabilities
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).

Andheri Office :
Unit No. 502, 5th Floor,Leela Business Park , Andheri Kurla Road,Near Airport Road Metro Station,
Andheri (E),Mumbai – 400 059. Tel No : 1800 210 0818

Registered Office:
Unit No. 506, 5th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (E), Mumbai – 400 098.
CIN Number : U65990MH2017FTC300493


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