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IPO Analysis > tsc-india-nse-sme

 

TSC India IPO: Check Price, Date And Lot Size 


Between 2023 and 2042, passenger traffic might rise at an average rate of 4.3% each year. The biggest jump will happen in the first three years, from 2023 to 2026, with a fast growth rate of 9.1% per year. 


TSC India, being in this space for years, is now stepping forward to launch its IPO. 


The IPO is being managed by Expert Global Consultants while Bigshare Services is acting as the official registrar for the issue.

See the TSC India IPO RHP for more details. 

Note: The lock-in period for 50% of Smarten Power Systems’ stock concludes 30 days post-allocation, whereas the remaining portion is released from lock-in after 90 days.

TSC India IPO Details: Company Profile

The company's business is in travel management, and it's worth understanding how TSC India earns its revenue.


Particulars

Details

Incorporated 

2003

Registered Office 

Jalandhar, Punjab

Managing Director 

Ashish Kumar Mittal

Services

Travel planning like booking air tickets

Awards 

High Flyer Award, Bronze Passenger Agent's Award, Award of Excellence, and more. 

Number Of Employees  

72

Competitors

No Listed Competitors 


Exploring the TSC India IPO Details

Here are the essential facts about the IPO for your understanding.

  • TSC India IPO Date

The following details the important dates for the TSC India IPO.


Event

Date

IPO opens for subscription

23 Jul 2025

IPO closes for subscription

25 Jul 2025

UPI approval deadline

25 Jul 2025 (by 5 PM)

Basis of allotment finalised

28 Jul 2025

Refunds begin for unallotted applicants

29 Jul 2025

Shares credited to demat accounts

29 Jul 2025

Shares listed on stock exchange

30 Jul 2025

UPI mandate auto-expiry date

11 Aug 2025

Lock-in ends for 50% of anchor investor shares

27 Sep 2025

Lock-in ends for remaining anchor investor shares

26 Oct 2025


  • TSC India IPO size

This is the target amount TSC India will raise with its IPO.


Particulars

Number of Equity Shares

Aggregate Value

Fresh Issue 

36,98,000 

₹25.8 Crores 

Offer for Sale

Overall Issue 

36,98,000

₹25.8 Crores


  • Objectives of the offer 


The IPO proceeds that will be used by TSC India has been outlined below.


Particulars

Amount (₹ in million)

Estimated Working Capital Requirement

2,200.00

General Corporate Purposes

Not Disclosed 


  • Other takeaways from the TSC India Share Price

Here are the price details for the upcoming TSC India IPO.


Particulars

Description

Face value of each share

₹10

Price Range

₹68 – ₹70

Listed At 

NSE Emerge 


  • Categorisation of different investors 

See the allotment breakdown for each investor group here. 


Particulars

QIBs 

Non-Institutional Bidders

Individual Investors

Market Maker

No. of Equity Shares

Up to 17,54,000

At least 5,28,000

At least 12,30,000

Up to 1,86,000

Minimum Bid Size

Not Disclosed 

Not Disclosed

More than ₹2,00,000

1,86,000 Equity Shares

Maximum Bid Size

Up to Net Issue size (as per applicable limits)

Up to Non-QIB portion (as per limits)

Bid more than ₹2,00,000

1,86,000 Equity Shares in multiples of 



A valid demat account is important for applying for this IPO. Hence, compare brokers and get an account to participate in any IPO like this. 

TSC India IPO details: Key Financials 

This section shows the company’s key financial indicators.


Particulars

March 31, 2025

March 31, 2024

March 31, 2023

Equity Share Capital (₹ in million)

1,035.00

192.00

192.00

Net Worth (₹ in million)

1,582.91

873.59

456.30

Revenue from Operations (₹ in million)

2,578.13

1,936.54

939.32

Profit After Tax (₹ in million)

492.72

471.87

122.13

Earnings Per Share (EPS) (₹)

5.07

9.83

2.54

Net Asset Value (NAV) per Equity Share (₹)

15.29

45.50

23.77

Total Borrowings (incl. current maturities of long-term debt) (₹)

2,552.62

1,775.82

1,308.01



Metrics of TSC India IPO 


Particulars

March 31, 2025

March 31, 2024

March 31, 2023

Diluted earnings per equity share (₹)

2.25

45.48

1.89

Net Assets Value per Share (₹)

15.29

45.50

23.77

RoE (%)

31.13%

54.01%

26.77%

RoCE (%)

19.49%

27.73%

12.67%


Strengths and risks

TSC India Ltd exhibits strengths and also faces risks. Explore the full details here.


Strengths

  • Handles over 420 bookings every day and works with 2,100+ clients

  • Backed by 20+ years of experience in air ticketing and B2B travel management

  • Run by experienced promoters who really understand the travel business

  • Partners with Global Distribution Systems (GDS) to provide a wide variety of travel services

Risks

  • Over half of the revenue in FY24 came from just 5 clients

  • 87% of all transactions came from Jalandhar, which shows limited geographical spread

  • The company relies on third-party web hosting services

  • Faces tough competition and changing government rules

IPO Closing Soon: Is TSC India IPO Worth the Rush?

The GMP for the TSC India IPO was ₹0 on July 24, 2025. You can check the price and other details mentioned earlier in this TSC India IPO review.


Apply for TSC India IPO today.

FAQs

1. What is the TSC IPO GMP?
The TSC IPO GMP is currently 0. This means that in the unofficial market, the IPO is not trading at a premium or discount. GMP often indicates investor interest before listing, but a 0 GMP means investors are waiting for more official details.

2. What is the TSC India IPO date?
The TSC India IPO opening date is 23 Jul 2025 and closing date is 25 Jul 2025. Investors must keep checking stock exchange websites or financial news portals for any further updates. 

3. What is the TSC India IPO price?
The TSC India IPO price is ₹68 – ₹70. This price helps investors decide how many shares to apply for as per their budget and investment interest.

4. What is TSC India Limited?
TSC India Limited is a company involved in power transmission, substation engineering, and infrastructure-related services. It has taken up various government and private sector projects across India. With this IPO, the company will grow its capital and expand operations in the infrastructure sector.

5. How to apply for a TSC IPO using a Demat account?
To apply for the TSC India IPO, open your broker app, go to the IPO section, choose TSC India IPO, enter the number of shares, and complete the payment using UPI. Make sure your Demat account is active and linked to your PAN and UPI.