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TSC India IPO

Open Sme
NSE 23 July - 25 July 2025
TSC India Ltd IPO is a book build issue of 25.89 Cr. The issue is entirely a fresh issue of 3698000 shares aggregating to 25.89 Cr. TSC India Ltd IPO opened for subscription on Jul 23, 2025 and closed on Jul 25, 2025. The allotment for the this IPO was finalized on Jul 28, 2025. IPO was listed on NSE and BSE on Jul 30, 2025. TSC India Ltd IPO is set issue price band at ₹68 to ₹70 per share.

Current GMP

₹10 (+14.29%)

Price Band

₹ 68 – 70

Lot Size

2000

Issue Size

₹25.89 Cr

Minimum Investment

₹280000 (4000 Shares)

Listing Date

30 July 2025

Subscription

73.5x

About the Company

Established in 2003, TSC India Limited is a travel management company specializing in comprehensive air ticketing services, with a strong focus on the B2B and corporate travel sectors. The company collaborates with airlines and travel agents to deliver cost-effective, streamlined travel solutions tailored to its clients' needs.

TSC partners with various travel service providers to manage end-to-end travel planning, including flight bookings and corporate itinerary organization. With operations across key Indian cities such as Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, the company continues to expand its geographic footprint.

Client Base and Market Presence
TSC serves a broad range of clients including travel agencies, corporate entities, and tour operators. As of June 30, 2024, the company had registered over 2,100 customers, reinforcing its strong position in the B2B travel segment. Operationally, the company handles more than 420 bookings daily, 3,000 weekly, and over 12,000 monthly, demonstrating a high degree of efficiency and scale.

Over the past three years, TSC has facilitated the sale of approximately 200,000 tickets, primarily for retail, corporate, and tour operator clients.

Service Portfolio
TSC India offers a suite of travel services designed to simplify and optimize travel planning:

  • Booking Management: Efficient systems for accurate and timely air travel reservations
  • Analytical Reporting: Travel data insights to help clients monitor usage patterns and optimize travel spend
  • Cost-Effective Solutions: Competitive pricing through partnerships and negotiations
  • Consulting Services: Expert guidance and negotiation to secure favorable travel terms
  • 24/7 Emergency Support: Round-the-clock assistance at no additional cost
  • Transparent Practices: Clear communication of pricing, terms, and policies
  • Integrated Travel Platform: A one-stop platform for booking and managing travel services
  • Customer-Centric Approach: Skilled professionals focused on client satisfaction and personalized service

Technology & Competitive Strengths

  • Automated Accounting Tools: Streamline financial and travel expense management
  • Real-Time Updates: Live information on flights, hotels, and bookings
  • Instant Booking & Confirmation: Reduces delays and uncertainty
  • Comprehensive Offerings: Flights, accommodations, car rentals, and more on a unified platform
  • GDS Integration: Access to Global Distribution Systems for a wide range of travel services and competitive rates
  • End-to-End Support: Full assistance from inquiry through to booking confirmation

 As of September 30, 2024, TSC employed 77 professionals across departments such as Administration, Finance, HR, Projects, Procurement, R&D, Sales, Operations, and Design.

TSC India continues to build on its legacy of delivering reliable, cost-effective, and client-focused travel solutions. Its integrated platform, experienced team, and growing customer base position it as a trusted partner in the corporate and B2B travel industry.

Promoters

  1. Mr Ashish Kumar Mittal
  2. Mrs Puja Mittal
  3. Mr Vinay Gupta
Promoters Holding

Holding Pre Issue

90.74%

Holding Post Issue

0.00%

Objects of the Issue

The Company TSC India IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

  1. Working Capital Requirements of the Company
  2. General Corporate Purposes
  3. Issue Expenses

Address / Contact Info

TSC India Ltd.
Office No. 3, 2nd Floor
Midland Financial Centre, 
Plot No. 21-22, G.T. Road,
Jalandhar, Punjab, 144001

Phone: +91-181-4288888
Email: cs@tscpl.biz
Website: https://www.tscindialimited.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 68 – 70
Lot Size2000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 25.89 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 25.89 Cr
Listing AtNSE
IndustryTravel Services
SectorHospitality
QIB Quota28.54%
BNII Quota14.31%
SNII Quota7.15%
Retail Quota50%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

TSC India IPO is a Book-building IPO worth ₹25.89 crores. The price band is ₹68 to 70 per share. The IPO opens on Wed, Jul 23, 2025 and closes on Fri, Jul 25, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The TSC India IPO opens on Wed, Jul 23, 2025 and closes on Fri, Jul 25, 2025

TSC India IPO Price Band is ₹68 to 70.

TSC India IPO lot size is 2000, and the minimum amount required for application is ₹280000.

The minimum investment for TSC India IPO is approximately ₹280000 based on the upper price band.

To apply for the TSC India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jul 25, 2025. After submission, funds are blocked until the basis of allotment of TSC India IPO is finalised.

TSC India IPO issue size is ₹25.89 crores.

TSC India IPO allotment date is Sat, Jun 27, 2026.

The registrar for TSC India IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to TSC India IPO through their official website or helpline.

The TSC India IPO GMP (Grey Market Premium) is ₹10 as of Wed, Jul 30, 2025. Based on the upper price band of ₹70 per share, the estimated TSC India IPO listing price is ₹80, indicating a potential listing gain of approximately 31% over the issue price.