TSC India

TSC India Limited - IPO

SME

TSC India IPO Details

Open Date
23 Jul 2025
Close Date
25 Jul 2025
Listing Date
30 Jul 2025
Issue Price
₹68 - ₹70
Face Value
₹10 per share
Lot Size
2000
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
10350000
Share holding post issue
14048000
Total Issue Size
36,98,000 shares (aggregating up to ₹25.89 Cr)
Fresh Issue
36,98,000 shares (aggregating up to ₹25.89 Cr)
Offer for Sale
-

TSC India IPO Dates

  • 23 Jul 2025
    Opening dateOPD
  • 25 Jul 2025
    Closing dateCOD
  • 28 Jul 2025
    Basis of AllotmentBOA
  • 29 Jul 2025
    Initiation of RefundsIOR
  • 29 Jul 2025
    Credit of SharesCOS
  • 30 Jul 2025
    Listing dateLID

TSC India IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum24000₹280,000
Individual Maximum24000₹280,000
SHNI Minimum36000₹420,000
SHNI Maximum714000₹980,000
BHNI Minimum816000₹1,120,000

TSC India IPO Reservation

Promoter Holding

Pre Issue:90.74%
Post Issue:66.85%
Promoter Names:
Mr Ashish Kumar Mittal, Mrs Puja Mittal, Mr Vinay Gupta

Documents

TSC India IPO Valuations

ROE:31.13%
ROCE:19.49%
RONW:31.13%
PAT MARGIN:19.11%
PRICE TO BOOK VALUE:1.55
EPS Pre IPO:4.53
EPS Post IPO:3.85
P/E Pre IPO:15.44
P/E Post IPO:18.17

TSC India Limited Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets61.4553.3326.16
Revenue26.3220.599.85
Profit After Tax4.934.721.22
EBITDA8.758.192.82
Net Worth15.838.744.56
Reserves and Surplus5.486.822.64
Total Borrowing25.5317.7613.08
Amount in ₹ Crore

About TSC India IPO

Incorporated in 2003, TSC India Limited is a travel management company specializing in comprehensive air ticketing services for its clients. Focused on B2B and corporate sectors, TSC collaborates with airlines and travel agents to provide cost-effective travel solutions.

TSC partners with various travel providers to manage travel planning, including booking flights and organizing corporate itineraries. Operating in cities like Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, it reflects its expanding presence in India.

The company has a diverse client base, including travel agencies, corporations, and tour operators.

The company manages over 420 bookings daily, 3,000 weekly, and 12,000 monthly, demonstrating operational efficiency. By June 30, 2024, it registered over 2,100 customers, highlighting its strong B2B travel market presence.

The company offers the following services:-

  • Booking Management: Streamlined processes enable accurate air travel reservations.
  • Analytical Reporting Systems: Data-driven insights help customers analyze travel patterns and optimize strategies.
  • Cost-Effective Solutions: Competitive pricing ensures clients get quality travel solutions at optimal rates.
  • Consulting and Negotiation Expertise: Consulting services help navigate travel requirements and secure favourable terms.
  • 24/7 Emergency Support: 24/7 assistance is available at no extra cost, providing immediate support during emergency disruptions.
  • Transparent Practices: Transparent communication about pricing and policies builds client trust.
  • Integrated One-Stop Solutions: One platform simplifies management and offers travel info and services.
  • Customer-Focused Service: Experienced professionals efficiently meet client needs and strongly commit to customer service satisfaction.

As of September 30, 2024, the company employed 77 people across various departments, including Administration, Finance, HR, Projects, Procurement, R&D, Sales, Operations, and Design.

 

Strength Of TSC India IPO

1. Experienced Promoters having deep domain knowledge to scale up the business.

2. Strong relationship with suppliers and diversified clientele with over 2996 registered customers till March 31, 2025.

3. Management team having established track records.

4. Established track record of successfully selling over 3,30,000 tickets over three financial years.

5. Efficient business model with track record of delivering financial growth.

6. Customer centric approach with dedicated staff providing professional and friendly services.

7. Partnership with Global Distribution Systems (GDS) for access to wide array of travel services.

Risk Of TSC India IPO

1. The Company operations requires significant amount of working capital for a continuing growth. Its inability to meet its working capital requirements may adversely affect the company results of operations.

2. Its business is significantly dependent on the global travel and tourism industry, and adverse developments in this industry could materially affect the company operations, financial performance, and growth prospects.

3. Its offices, including the company Registered Office and Branch Offices, are located on leased premises, and any disruption in these lease arrangements could adversely affect its business, operations, and financial performance.

4. Its business relies on a limited number of suppliers, and any adverse changes in these relationships or the company inability to establish new ones could negatively impact its operations and financial performance.

5. Its suppliers may modify the terms of the company arrangements, including reducing or eliminating commissions, incentives, or other compensation payable to it, which could adversely affect the company business, financial condition, and results of operations.

6. If the company experience a cyber security breach or other security incident or unauthorized parties otherwise obtain access to its Suppliers, Buyers or end travelers' data or our data, our platform and products may be perceived as not being secure, the company reputation may be harmed, demand for its platform and products may reduce and the company may incur significant liabilities.

7. Certain unsecured loans availed by its may be recalled by lenders, which could adversely affect the company financial condition and cash flows.

8. The company relies on third-party web-hosting providers, and any disruption, technical issues, or failures on their part could adversely affect its platform's performance, user experience, and business operations.

9. The Company has delayed in complying with certain statutory provisions under various laws. Such delayed compliance /lapses may attract certain penalties.

10. Pending adjudication of penalty for delay in filing Form CFS AOC-4 may adversely affect its financial condition and reputation.

Objectives TSC India IPO

1. Working Capital Requirements of the Company

2. General Corporate Purposes

3. Issue Expenses

Company Contact Details

TSC India Ltd.
Office No. 3, 2nd Floor
Midland Financial Centre, Plot No. 21-22,
G.T. Road,
Jalandhar, Punjab, 144001
Phone: +91-181-4288888
Email: cs@tscpl.biz
Website: https://www.tscindialimited.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Lead Mangers

  1. Expert Global Consultants Private Limited

Market Maker

  1. Prabhat Financial Services

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