Timescan Logistics IPO Date, GMP, Review, Price Details

Timescan Logistics offers logistics services that involve land, air, and sea transportation. The company is a Multimodal Transport Operator that also offers third-party logistics providers. It has a complete range of transport and freight-related services like Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading, unloading, and many more.

It is a registered custom house broker with Custom offices in Chennai, Vijaywada, and Mundra and also has a global reach. It has a comprehensive range of logistic solution services. It has a well-defined organizational structure and rich management infrastructure.

TIMESCAN LOGISTICS IPO

Company Promoters

  • Moulana Taufeek Islam.
  • Ayisha Beevi.

Objectives of the IPO

  • Working capital requirements and general corporate purposes.

Timescan Logistics IPO Details

IPO DETAILS Timescan Logistics
Issue Period Opening Date: Dec 31st, 2021
Closing Date:   Jan 04th, 2022
Price Band ₹51 per equity share
Issue Size 944,000 Eq Shares of ₹10
(aggregating up to ₹4.81 Cr)
Face Value ₹10 per equity share
Issue Type Fixed Price Issue IPO
Fresh Issue 944,000 Eq Shares of ₹10
(aggregating up to ₹4.81 Cr)
Offer for sale  N/A
Listing NSE SME
Registrar Cameo Corporate Services Limited

Timescan Logistics IPO Timeline

Timescan Logistics issue date, issue price, allotment date, and the listing date, and all the details are given below.

IPO Opens 31-12-2021
IPO Ends 04-01-2022
Allotment Begins 07-01-2022
Refund Initiation 10-01-2022
Allotment Date 11-01-2022
Listing Date 12-01-2022

Timescan Logistics Lot Size (Retail Individual Investors)

Applications Lots Shares Amount(Cut-off)
Minimum 1 2000 ₹102,000
Maximum 1 2000 ₹102,000

Timescan Logistics IPO Review

Timescan logistics IPO is fully priced. It operates in a highly competitive and market with its financials dip being concerned. Declining and decreasing values of business with customers and suppliers is a concern. Small equity base post IPO sustainable strength in the mainboard raises questions. Risky investors may consider else avoid it.

Timescan Logistics IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/

Timescan Logistics Book Running Lead Manager

  • Finshore Management Services Limited

Company Contact Details

Timescan Logistics (India) Limited
Rajah Annamalai Buildings, Annex 3rd Floor,
18/3, Rukmani Lakshmipathy Road, (Marshalls Road)
Egmore, Chennai -600 008
Phone: 044 – 4356 6000
Email: cs@timescan.in
Website: http://www.timescan.in/

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