TSC India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,752,000 (47%) | — | ₹1,226 Cr |
| NII (HNI) | — | 528,000 (14%) | — | ₹370 Cr |
| Retail | — | 1,232,000 (33%) | — | ₹862 Cr |
| Market Maker | — | 186,000 (5%) | — | ₹13 Cr |
| Σ Total | — | 3,698,000 (100%) | — | ₹25,886 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Financial Statements Amount In Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 26 | 21 | 10 |
| EBITDA | 9 | 8 | 3 |
| Profit After Tax | 5 | 5 | 1 |
| Net Worth | 16 | 9 | 5 |
| Total Assets | 61 | 53 | 26 |
| Reserves & Surplus | 5 | 7 | 3 |
| Total Borrowing | 26 | 18 | 13 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working Capital Requirements of the Company – 22.00
- 2 General Corporate Purposes – 1.14
Company Overview
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.
Competitive Strength:
- Automated accounting solutions designed to simplify financial management.
- Offers real-time updates on flights and hotels.
- Support is provided throughout the booking process, from inquiries to confirmations.
- Instant Booking and Confirmation.
- The platform offers diverse travel services like flights, accommodations, and car rentals.
- Quick and reliable booking confirmations to reduce uncertainties and delays.
- Platform integrates with Global Distribution Systems (GDS) to access various travel services and competitive rates.