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Tarsons Products Ltd

Price Range (₹)

Rs. 635 – Rs. 662

Issue Size (₹ in Cr.)

Upto Rs. 1023 cr

Minimum Quantity

22 shares

Bidding Period

Nov 15 – Nov 17, 2021

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Incur '0' Brokerage upto ₹500

About the Tarsons Products Ltd

Tarsons Products Lts is a leading Indian life sciences company engaged in the designing, development, manufacturing and marketing of ‘consumables’, ‘reusables’ and ‘others’ including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies, Contract Research Organizations (“CROs”), Diagnostic companies and hospitals. They manufacture a range of quality labware products which helps advance scientific discovery and improve healthcare.

As of March 31, 2021, they had a diversified product portfolio with over 1,700 SKUs across 300 products.

Strengths

Comparison with Listed Industry Peers

There are no listed entities whose business portfolio is comparable with that of Tarsons Products business and comparable to their scale of operations.

Leading Indian supplier to life sciences sector with strong brand recognition and high-quality products

They believe that, with over 36 years of experience in this space, they have successfully built ‘Tarsons’ into a leading Indian company in the plastic labware market in India and gained expertise in the production of a wide range of labware products.

Provide a diverse range of labware products across varied customer segments

They are among the top three labware manufacturing companies in India, providing an extensive range of laboratory consumables, reusables and ‘others’ product categories.

Risks

Failure to comply with quality standards may have an adverse effect on demand and on their reputation & business

They have emphasized on building strong quality management systems in their manufacturing processes as well as the raw materials used for manufacturing their products. Failure to maintain compliance with these quality standards may disrupt their ability to supply products which meet their end customers’ requirements.

Any delay, interruption, or reduction in the supply of raw materials to manufacture our products may adversely affect the business

They identify and approve multiple third-party suppliers, from whom they procure raw materials, packaging material and services, including in relation to radiation and disinfection of their products.

Inability to implement enhanced and efficient manufacturing processes in business operations as per industry standards could affect business

There is a continued focus on product and process improvement. Maintaining high standards of process innovation and quality in manufacturing operations is critical to the brand and maintenance of long-term relationships with end use customers.

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  • lock-in of 3 years
    Select IPO

    Choose the IPO you want to apply from the list. Click on Apply.

  • lock-in of 3 years
    Fill in the required details

    Fill in the quantity of shares. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

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Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.