Archive · 23 Jul 2025
TSC India IPO Opens: Subscription Status and Details Revealed
TSC India, a company in the travel business, is selling shares to the public for the first time.
This is called an IPO, and it started on July 23.
The company hopes to raise money to help its business grow.
On the first day, not many people bought shares.
The price for each share is around ₹70.
The company focuses on helping travel agents and companies book flights.
Experts are watching to see if the company will be successful, noting both its growth and the competitive travel market.
TSC India's IPO opened on July 23 and closes July 25, aiming to raise ₹25.89 crore.
The IPO saw a muted response on its opening day with 0.29 times subscription.
The IPO price is set between ₹68 and ₹70 per share, with shares trading at zero premium.
TSC India plans to use the IPO funds for working capital, expenses, and corporate purposes.
The company provides B2B air ticketing services to various clients in the travel industry.
- Who
- TSC India Limited, a B2B travel management company, is offering the IPO.
- What
- TSC India's initial public offering (IPO) opened for subscription.
- When
- The IPO opened on July 23 and will remain open until July 25.
- Where
- The IPO is happening in India.
- Why
- The company is raising funds for working capital, issue-related expenses, and general corporate purposes.
Positive Aspects
Negative Aspects
Financial Performance and Market Conditions
Positive Aspects
TSC India has demonstrated growth in recent periods
Negative Aspects
High competition in the segment and static bottom-line figures for FY24 and FY25 are potential red flags.
- IPO Opening Date
- July 23
- IPO Closing Date
- July 25
- Price Band
- ₹68 - ₹70 per share
- Subscription (Day 1)
- 0.29 times
- Amount to be raised
- ₹25.89 crore
- Grey Market Premium (GMP)
- Zero premium