Tarsons Products IPO allotment status check: Know status on BSE, KFintech—follow these steps

Tarsons Products Limited's initial public offer (IPO) closed after being subscribed 77.49 times on November 17, 2021, showed BSE consolidated bidding data. As per the BSE data, against 1,08,44,104 shares on offer, bids were received for as many as 84,02.81,684 shares at around 5:00 pm on Wednesday.    

The Retail Individual Investors (RIIs) quota was subscribed 10.56 times, non-Institutional Investors (NIIs) portion was booked a maximum of all categories by 184.58 times, Qualified Institutional Buyers (QIBs) subscribed the issue 115.77 times, while the employees' quota saw 1.83 times bidding on the last day.   

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There are two ways to check Tarsons Products IPO allotment status- one through BSE website and another by registrar's wesite, which is KFintech in this case.

Tarsons Products IPO Allotment status check on BSE 

Step 1- Login at BSE link — bseindia.com/investors/appli_check.aspx  

Step 2- Select Tarsons Products 

Step 3- Enter the IPO application number  

Step 4- Enter PAN card details  

Step 5 - Click at 'I'm not a robot'  

Step 6 - Click at 'Submit' button 

Tarsons Products IPO allotment status check at KFintech website    

1) Login at direct KFintech website — https://ris.kfintech.com/ipostatus/ipos.aspx    

2) Select the IPO from the drop down.    

3) Now select application number/DPID/Client ID/PAN       

4) Enter application number followed by Captcha code      

5) Now Click at 'Submit' option and your IPO application status will become available on your computer monitor or Smartphone screen.     

The IPO of lab-ware products manufacturer opened on November 15 and concluded on November 17, 2021. The company has fixed a price band of Rs 635-662 a share for its Rs 1,024 crore initial share sale and an investor can bid for a minimum of 22 shares and in multiples thereof, showed the red herring prospectus (RHP) of the company.  

Tarsons Products IPO Timeline: 

Application Start Date: November 15, 2021 

Application Closing Date: November 17, 2021 

Allotment Start Date: November 23, 2021 

Refund Initiation Date: November 2, 2021 

Allotment Date: November 25, 2021 

Listing Date: November 26, 2021  

Tarsons Products is engaged in designing, developing, manufacturing and supplying a diverse range of quality lab-ware products used in laboratories across research organisations, academic institutes, pharmaceutical firms, diagnostics companies and hospitals. The company currently operate through its five manufacturing facilities located in West Bengal.