Rachana Infrastructure Ltd IPO

  • Min. Investment138000/ 1000 Shares
  • Min. Quantity1000
  • Price Range₹138
  • Date Range20 May 22 - 02 Jun 22
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date20 May 2022
  • Application End Date02 Jun 2022
  • Allotment begins
  • Refund Initiation Date
  • Allotment Date31 May 2022
  • Listing On Exchange03 Jun 2022
Registrar Information
  • NameBigshare Services Pvt Ltd
  • Contact no.+91 22-62638200
  • Email IDipo@bigshareonline.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 FY20 FY21 FY22
(Rs Crore)
Revenue 154.38 103.79 63.2
Net Profit 5.97 4.7 2.21
Total Assets 106.19 92.67 103.86
Strengths
  • Leading Road Focused EPC Contractor
  • Management and an integrated in-house project team
  • Visible growth through a robust order book
  • Leading Road Focused EPC Contractor
  • Management and an integrated in-house project team
Risks
  • The Company is subject to high working capital requirements and its inability to fund these requirements in a timely manner may adversely impact its financial performance.
  • The company has made certain issuances and allotments of its Equity Shares which are not in compliance with section 67(3) of the Companies Act, 1956.
  • There are outstanding litigations against its Company and by the company which if determined against it, could adversely impact financial conditions.
  • The Company has several Contingent Liability and Commitments which if materialize could affect its financial position.
  • Projects included in its order book and its future projects may be delayed, modified or cancelled for reasons beyond its control which may materially and adversely affect the business, prospects, reputation, profitability, financial condition and results of operation.
Opportunities
  • Improve performance and enhance returns from its core business
  • Increase the order book by getting the order in HAM, BOT, EPC and PPP mode projects.
  • Expand its geographical footprint.
  • Improve performance and enhance returns from its core business
  • Increase the order book by getting the order in HAM, BOT, EPC and PPP mode projects.
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).