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TSC India IPO

40.06x

subscribed

TSC India IPO

Travel Services
listed
₹2.72LMin. investment
  1. Pre-apply
    22 Jul
  2. Bid start
    23 Jul
  3. Bid end
    25 Jul
  4. Allotment
    28 Jul
  5. Release of funds
    29 Jul
  6. Demat transfer
    29 Jul
  7. Listing
    30 Jul

TSC India Limited IPO Details

SectorTravel Services
Price range₹68.00 – ₹70.00
IPO type
SME
Lot size2000 shares
Issue size₹25Cr
Red Herring Prospectus
Read
Market Cap
₹98.34CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹25.78CrLower than sector avg
Growth rate3Y CAGR
59.17%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹25.78Cr
This sector
₹706.2Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹4.93Cr
This sector
-₹218.22Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹98.34Cr
This sector
₹5,446.1Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
13.81
This sector
39.13
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
1.61
This sector
0.26
Compare with companies

Objectives

Working Capital Requirements
The company will use ₹22.00 Cr to meet its working capital requirements.
General Corporate Purposes
The company will allocate up to 15% of gross proceeds for general corporate purposes.

About TSC India Limited

Incorporated in 2003, TSC India Limited is a B2B travel management company focused on air ticketing for retail agents, tour operators, and corporates. Operating across seven cities, it facilitated 3.3+ lakh bookings over FY23–FY25, with a registered client base of nearly 3,000 and a 75+ member team. GTV grew from ₹426.53 crore in FY23 to ₹805.88 crore in FY25, with the take rate improving from 2.04% to 2.98%. TSC runs a tech-enabled platform offering real-time booking, automated accounting, and multi-channel support. It has been awarded by leading airlines like Air India and Singapore Airlines. Its revenue model is built on airline commissions, productivity-linked bonuses, credit card rebates, and GDS segment fees. The company also owns an NBFC arm, TSC Finserv Pvt. Ltd.

TSC India IPO Subscription Status

Date
QIB
NII
Retail
Total
23-Jul-25
1.01 times (X)
0.44 times (X)
0.0 times (X)
0.39 times (X)
24-Jul-25
1.01X
2.13X
0.0X
0.75X
25-Jul-25
40.03X
133.44X
0.0X
40.06X

Frequently asked questions

How to invest in the TSC India IPO ?

Investors can apply for the TSC India IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of TSC India IPO ?

The issue size of the TSC India IPO is 25 Cr.

What is 'pre-apply' for TSC India IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will TSC India IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.