Book Running Lead Manager to the IPO of Tarsons Products Limited

Initial Public Offering

Service

November 2021

Date

Healthcare

Sector

INR 10,235 MN

Deal Value

Book Running Lead Manager to the IPO of Tarsons Products Limited

I] TRANSACTION SYNOPSIS

IPO Size ₹ 10,235 mn
IPO Structure (Primary / OFS) 15% / 85%
Post Issue Dilution 29.07%
IPO Price ₹ 662
Subscription (QIB* / HNI / Retail) 115.5x / 183.2x / 8.9x
Total number of applications# 1,912,663

II] SELECT ANCHOR INVESTORS AND ANCHOR BOOK

  • ADIA
  • Birla MF
  • Government of Singapore
  • ICIC Prudential MF
  • Mirae MF
  • Nippon MF
  • Stewart Investors

III] DEAL HIGHLIGHTS

  • Highest subscribed Healthcare IPO (Ex Pharma)^
  • Healthy subscription with more than 19 Lacs applications
    • 100% of anchor book was allocated to LO Investors
  • We provided end-to-end client handholding and guidance on various deal contours and timing

*Excluding Anchor
# Before technical rejections
^IPOs since 2010 considered