IPO opens on Nov 15

Tarsons

Price band

• Price Band fixed at ₹635 to ₹662 per Equity Share of face value of ₹2 each of Tarsons Products Limited • Offer to remain open from Monday, November 15, 2021 to Wednesday, November 17, 2021 • Bids can be made for a minimum of 22 Equity Shares and in multiples of 22 Equity Shares thereafter

Through Book Building Process

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Tarsons IPO opens on November 15, 2021

Constituent

The offer consists equity shares of face value of Rs 2 each of Tarsons Products comprising a fresh issue aggregating up to Rs 1,500 million (the "Fresh Issue").

Tarsons IPO opens on November 15, 2021
NEW DELHI, NOVEMBER 10

Bids can be made for a minimum of 22 equity shares

Thesynergyonline Corporate Bureau

Tarsons Products ("Tarsons" or the "Company"), an Indian labware company engaged in the designing, development, manufacturing and marketing of 'consumables', 'reusables' and 'others' including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies, Contract Research Organizations ("CROs"), Diagnostic companies and hospitals plans to open its Initial Public Offering (the ("Offer") on November 15, 2021. .

The price band of the Offer has been fixed at Rs 635 to Rs 662 per equity share of face of Rs 2 each. Bids can be made for a minimum of 22 Equity Shares and in multiples of 22 Equity Shares thereafter.

The Offer consists equity shares of face value of Rs 2 each of Tarsons Products comprising a fresh issue aggregating up to Rs 1,500 million (the "Fresh Issue").


Further 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors) including Mutual Funds, The offer for sale

The offer for sale consists of up to 390,000 equity shares by Sanjive Sehgal aggregating, up to 310,000 equity shares by Rohan Sehgal (Sanjive Sehgal and Rohan Sehgal together "Promoter Selling Shareholders") and up to 12,500,000 equity shares by Clear Vision Investment Holdings Pte. Limited (the "Investor Selling Shareholder").

The offer inclusion

The offer includes a reservation of up to 60,000 equity shares, for subscription by eligible employees (the "Employee Reservation Portion").

The offer includes a reservation of up to 60,000 equity shares, for subscription by eligible employees (the "Employee Reservation Portion").

Book Building process

The Offer is being made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 31 of the SEBI ICDR Regulations and in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein not more than 50 per cent of the net offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion") provided that the Company and the Selling Shareholders, in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations ("Anchor Investor Portion"), of which one-third shall be reserved for domestic Mutual Funds only, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion.

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