Shashwat Furnishing Solutions Ltd IPO

  • Min. Investment135000/ 3000 Shares
  • Min. Quantity3000
  • Price Range₹45
  • Date Range20 Apr 22 - 25 Apr 22
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date20 Apr 2022
  • Application End Date25 Apr 2022
  • Allotment begins
  • Refund Initiation Date
  • Allotment Date
  • Listing On Exchange
Registrar Information
  • NameKFin Techologies Ltd
  • Contact no.91-40-6716-2222
  • Email IDshashwat.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
(Rs Crore)
Revenue 0
Net Profit 0
Total Assets 0.01
Strengths
  • Leveraging its Market skills and Relationships
  • Improving functional efficiencies
  • Enhance customer base by entering new geographies to establish long-term relationships
  • To build-up a professional organization
  • Expand geographical reach
Risks
  • The Company has been formed specifically for the purpose of acquisition of the business of M/s Handicrafts Village (Proprietorship firm of its Promoter) thus its have limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.
  • If the company is not able to obtain, renew or maintain the statutory and regulatory permits and approvals required to operate its business it may have a material adverse effect on its business.
  • Its relies on suppliers for semi-finished products which is further processed and finished by its company. In the event of disruption in supply of semi-finished goods, its business, results of operations and financial condition may be adversely affected.
  • Orders placed by customers may be delayed, modified, cancelled or not fully paid for by its customers, which may have an adverse effect on its business, financial condition and results of operations.
  • Failure to manage its inventory could have an adverse effect on its net sales, profitability, cash flow and liquidity.
Opportunities
  • Leveraging its Market skills and Relationships
  • Improving functional efficiencies
  • Enhance customer base and to establish long-term relationships
  • To build-up a professional organization
  • Expand geographical reach
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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