TSC India
July 23, 2025 – July 25, 2025
| Price | ₹68 - ₹70 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Jul 28, 2025 |
| Listing | Jul 30, 2025 |
TSC India About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 4000 | 280000 | 308 |
| sHNI | 3 | 6000 | 420000 | 29 |
| bHNI | 8 | 16000 | 1120000 | 59 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Individual | 33.26% | 12,30,000 |
| BHNI | 9.52% | 3,52,000 |
| SHNI | 4.76% | 1,76,000 |
| Anchor | 28.45% | 10,52,000 |
| QIB | 18.98% | 7,02,000 |
| Market Maker | 5.03% | 1,86,000 |
| Total | 100.00% | 36,98,000 |
IPO Details
| Total Issue Size | 36,98,000 shares (aggregating up to 25.88 Cr) |
| Fresh Issue | 36,98,000 shares (aggregating up to 25.88 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,03,50,000 shares |
| Share Holding Post Issue | 1,40,49,600 shares |
| Reserved for Market Maker | 1,86,000 shares |
Key Performance Indicator
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 31.13% | 54.01% | 26.77% |
| ROCE | 19.49% | 27.73% | 12.67% |
| EPS (basic) | 5.07 | 9.83 | 2.54 |
| P/E Pre IPO | 15.44 | ||
| P/E Post IPO | 18.17 |
Company Financials In Crore
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 61.45 | 53.33 | 26.16 |
| Revenue | 26.32 | 20.59 | 9.85 |
| Profit After Tax | 4.93 | 4.72 | 1.22 |
| EBITDA | 8.75 | 8.19 | 2.82 |
| Net Worth | 15.83 | 8.74 | 4.56 |
| Reserves and Surplus | 5.48 | 6.82 | 2.64 |
| Total Borrowing | 25.53 | 17.76 | 13.08 |
About Company
Incorporation Year: 2003
Nature of Business: Travel management company specializing in air ticketing services
Business Model: Focused on B2B and corporate travel solutions
Core Operations
- Offers end-to-end travel planning and air ticketing services
- Collaborates with airlines and travel agents for cost-effective corporate travel
- Manages flight bookings and itinerary planning for businesses and travel agencies
Geographical Presence :
- Active operations in major Indian cities: Jalandhar,Chandigarh,Lucknow,Ahmedabad,Jaipur,New Delhi,Pune
Client Base & Market Focus :
- Serves a wide range of clients:
- Travel agencies
- Corporate houses
- Tour operators
- Strong positioning in the B2B travel segment
Operational Highlights (as of June 30, 2024)
- Over 2,100 registered customers
- Handles:
- 420+ bookings daily
- 3,000+ bookings weekly
- 12,000+ bookings monthly
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
Real-Time Travel Information: The platform offers real-time updates on flights and hotel availability, enabling partners to make quick, informed decisions and improve client service.
Complete Booking Assistance: From inquiry to confirmation, the company provides end-to-end support, including pricing, customization, and changes, ensuring a smooth booking process.
Instant Booking & Confirmation: The system allows for immediate booking and confirmation, reducing delays, avoiding reservation loss, and increasing partner and customer satisfaction.
Weakness
High Dependence on Travel and Tourism Industry: The company's revenue is closely tied to the global travel and tourism sector, which is highly sensitive to economic, geopolitical, and environmental changes. Any downturn in this sector could adversely impact operations and growth.
Operations on Leased Properties: All offices, including the registered office and branches, are on leased premises. Any non-renewal, termination, or unfavorable change in lease terms may disrupt business continuity and affect financial performance.
Limited Supplier Base Risk: The company relies on a small group of key suppliers for a significant share of its travel inventory. Any disruption in these relationships or loss of supplier inventory could reduce service offerings and negatively impact operations.
TSC India Lead Manager(s)
TSC India Address
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/