Tarsons Products IPO Set to open This week, Ready to Fetch? Apply or AVoid?
IPO date : 15 Nov 2021 – 17 Nov 2021
Listing date : 26 Nov 2021
Price range : 635 – 662
Minimum order quantity : 22
Tarson Products Ipo is ready to get listed in Stock Exchange. The major importance of this IPO is it does not have any peer in even stock market. So lets begin,
Tarson is based on Kolkata, it is leading indian lifescience company. from last 30 years it is dealing with labware products. they produce products for scientific research. This field of company is not even listed in stock market.
Tarson product is of 3 classification Consumer, reusable and others. There is 370 products have 1700 varienties. The mostly use of these products in pharma, scientific research, clinical company and other research. Various top companies are its client such as lupin, godrej, himalaya.
The company have 5 manufacturing unit in West bengal and spreaded in wide area. In coming years they are planning to open more than these 5 manufacturing units. The distribution network is widely spread in India which includes 145+ distributers. The exports of these products are consumed by 40+ countries.
It is expected that Indian lab equipment market will grow in next 5 years with 7+ % cagr. This industry has a rapid growth because it is highly backedup by government. As the govt has a positive effort in this field growth so the company is looking positive.
Expectation from Company
As In India this sector has 2% of weightage compared to other countries so this company has strong growth in next 5-10 years.
Demand of Plasticware Products are in increase in last 5 years and expected to lead by 2025.
Talking about the Strengths
- It is Leading Life sciences
- Offers diverse range of labware products
- High Manufacturing capabilities
- Pan India Sales
Risks
- Delay in Supply of Raw Material
- Inability to manage growing distribution network
- Distruption to Power
- Any Non Compliance with safety health etc
- Price of Raw Material Volatility
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