Timescan Logistics (India) Limited IPO (Timescan Logistics IPO)

Timescan Logistics IPO 2021
Upcoming Timescan Logistics IPO | New Timescan Logistics IPO

Timescan Logistics is a Multimodal Transport Operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider. The business provides 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, etc. It is a registered custom house broker with Custom offices – Chennai, Vijaywada, and Mundra and also a member of the World Cargo Alliance for its global reach.

The business also has a 16,354 Sq. ft warehouse on long-term lease under Free Trade Warehousing Zone of JMD Chennai SEZ.

Timescan Logistics IPO

Competitive Strengths

  • A comprehensive range of logistic solution services.
  • Wide clientele base.
  • Organization stability and rich management experience.
  • Well-defined organizational structure.
  • Customer-centric services and ISO 9001:2015 certified.

Company Promoters

Mr. Moulana Taufeek Islam and Mrs. Ayisha Beevi are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in Lakh)
 30-Jun-2131-Mar-2131-Mar-2031-Mar-19
Total Assets3,122.443,045.321,483.431,396.80
Total Revenue2,724.139,976.466,509.766,393.44
Profit After Tax40.85124.9179.5083.07

Objects Of The Issue

The net proceed from the IPO will be utilized towards the following objectives;

  • Working capital requirements.
  • General corporate purposes.
  • Issue expenditures.
Timescan Logistics IPO
Object Of The issue

Timescan Logistics IPO Details

IPO Opening DateDec 31, 2021
IPO Closing DateJan 4, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹51 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME
Issue Size944,000 Eq Shares of ₹10
(aggregating up to ₹4.81 Cr)
Fresh Issue944,000 Eq Shares of ₹10
(aggregating up to ₹4.81 Cr)
Retail Shares Offered50%
NII (HNI) Shares Offered50%

Timescan Logistics IPO Lot Size

The Timescan Logistics IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹102,000
Maximum12000₹102,000

Timescan Logistics IPO Promoter Holding

Pre Issue Share Holding99.88%
Post Issue Share Holding72.89%

Timescan Logistics IPO Prospectus

Company Contact Information

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
Websitehttp://www.timescan.in/

Timescan Logistics IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Websitehttps://online.cameoindia.com/

Timescan Logistics IPO FAQs

When Timescan Logistics IPO will open?

The Timescan Logistics IPO dates are 31 Dec 2021 To 04 Jan 2022.
What is the lot size of Timescan Logistics IPO?

Timescan Logistics IPO lot size and the minimum order quantity is 2000 Shares.
How to apply for Timescan Logistics IPO?

You can apply in Timescan Logistics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Timescan Logistics IPO listing date?

The Timescan Logistics IPO listing date is not announced. The date of Timescan Logistics IPO listing is [].