TSC India IPO GMP Price, Date, And Allotment Listing Overview
Explore all key TSC India IPO updates: opening & closing dates, price band, live subscription trends, daily TSC India IPO GMP, allotment status, expected listing date, expert analysis & investor insights.
TSC India IPO GMP, Price, Date, Allotment & Listing Details 2025
1. Introduction
TSC India is stepping into the capital markets with its SME IPO and attracting investor attention with strong business fundamentals and promising financials. The key buzz around this issue is its current TSC India IPO GMP, which reflects strong grey market interest and potential for solid listing gains.
2. About the Company
TSC India Limited is a construction engineering company engaged in civil infrastructure projects. The company primarily undertakes contracts for roads, bridges, water supply systems, and building structures for both government and private clients. Headquartered in Gujarat, the company has built a reputation for delivering quality infrastructure solutions.
3. TSC India IPO Details
Detail |
Information |
IPO Open Date |
July 23, 2025 |
IPO Close Date |
July 25, 2025 |
Price Band |
₹90 to ₹94 per share |
Issue Size |
₹175.36 Crores |
Face Value |
₹10 per equity share |
Lot Size |
1600 shares |
Issue Type |
Book Built Issue (SME) |
Listing On |
NSE SME Platform |
4. Objects of the IPO
TSC India aims to utilize the IPO proceeds for the following objectives:
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Funding working capital requirements
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General corporate purposes
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Meeting public issue expenses
5. Business Model & Product Portfolio
TSC India operates in the infrastructure EPC (Engineering, Procurement, and Construction) space. Their services cover project planning, designing, engineering, and execution of civil works. The company’s offerings include:
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Roads and Highways
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Water Supply & Sewerage
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Government Buildings & Housing
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Bridges & Canals
Their project execution ability and on-ground experience give them a competitive edge.
6. Financial Performance (Last 3 Years)
Financial Year |
Total Revenue |
Net Profit (PAT) |
FY 2025 |
₹312.57 Cr |
₹28.45 Cr |
FY 2024 |
₹275.34 Cr |
₹24.68 Cr |
FY 2023 |
₹230.17 Cr |
₹20.82 Cr |
The company has shown steady revenue and profit growth over the last three financial years, reflecting operational efficiency and strong order book.
7. IPO Grey Market Premium (GMP) & Listing Estimate
As per the latest grey market data, the TSC India IPO GMP today is around ₹55. This means that the shares are trading at a ₹55 premium over the upper price band of ₹94, making the estimated listing price ₹149.
Strong demand from HNI and retail investors signals potential for a healthy listing. Investors are advised to track Live TSC India IPO GMP updates during the subscription window.
8. Valuation & Peer Comparison
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Earnings Per Share (EPS): ₹8.65
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P/E Ratio (Based on Upper Price Band): 10.86x
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Industry P/E Average: ~15x–20x
The IPO appears to be reasonably priced compared to other SME construction and infrastructure peers.
9. Strengths of the Company
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Consistent revenue and profit growth
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Strong execution capability in civil construction
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Reputed government clients
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Scalable operations with a growing order book
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Experienced promoters and management
10. Weaknesses / Risk Factors
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SME stock listing brings higher price volatility
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Project-based revenue—dependent on government tenders
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Regional business concentration
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Rising raw material costs may impact margins
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Delay in execution could affect cash flows
11. IPO Schedule: Date, Allotment & Listing
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IPO Opens: July 23, 2025
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IPO Closes: July 25, 2025
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Allotment Date: July 26, 2025
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Refund Initiation: July 29, 2025
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Shares Credit to Demat: July 30, 2025
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Listing Date: July 31, 2025
12. Lot Size & Investment Limits
Investor Type |
Lot Size |
Investment (₹) |
Minimum Retail |
1 Lot = 1600 Shares |
₹1,50,400 |
Maximum Retail |
1 Lot (As per SME norms) |
₹1,50,400 |
Note: SME IPOs typically allow only one lot per retail investor.
13. IPO Reservation for Retail, QIB & HNI
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Retail Investors: 35%
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Non-Institutional Investors (HNI): 15%
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Qualified Institutional Buyers (QIB): 50%
14. Promoters & Shareholding Pattern
Promoters:
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Mr. Shaileshkumar Patel
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Mr. Jigneshkumar Patel
Shareholding Pattern:
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Pre-IPO Holding: 100%
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Post-IPO Holding: Will be diluted (Exact post-IPO % not disclosed)
15. FAQs about the IPO
Q1. What is the TSC India IPO GMP today?
A: The current TSC India IPO GMP is ₹55.
Q2. What are the TSC India IPO opening and closing dates?
A: The IPO opens on July 23, 2025, and closes on July 25, 2025.
Q3. When is the TSC India IPO allotment date?
A: Allotment will be finalized on July 26, 2025.
Q4. What is the expected listing date of TSC India IPO?
A: The expected listing date is July 31, 2025, on NSE SME.
Q5. What is the price band of the TSC India IPO?
A: The price band is ₹90 to ₹94 per share.
16. Conclusion – Should You Invest?
TSC India’s SME IPO is backed by strong financials, consistent growth, and government contracts. The current TSC India IPO GMP signals good listing potential. However, SME listings can be volatile, so investors looking for listing gains with moderate risk tolerance may consider applying.
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