Timescan Logistics SME IPO Date, Review, Price, Form & Market Lot Details

Timescan Logistics Limited SME IPO to open on December 31 and will close on January 04, 2022. Timescan Logistics is a professionally managed Cargo Company in the arena of International Air, Sea and Multimodal handling of transportation needs to and from any part of the world. The company is headquartered in Chennai. They have access to business opportunities in all other major cities & metro townships like Mumbai, Delhi, Calcutta, Bangalore, Hyderabad, Cochin, Tuticorin, Tirupur, and Kandla either through their own offices their representative offices, or appointed agencies. They are offering services like Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading/unloading, etc. They are registered as custom house brokers with having custom offices in Chennai, Vijaywada, and Mundra. They are also a member of the World Cargo Alliance that helps them to get global reach.

The IPO price band is fixed at ₹51 with a market lot of 2000 shares. Timescan Logistics is an NSE SME IPO and they are going to raise ₹4.81 crores via SME IPO. Check out Timescan Logistics IPO date, price band, and market lot details.

Timescan Logistics IPO Review

Timescan Logistics IPO Date & Price Band

IPO Open:	31 December 2021
IPO Close:	03 January 2022
IPO Size:	Approx ₹4.81 Crores
Face Value:	₹10 Per Equity Share
Price Band:	₹51 Per Equity Share
Listing on:	NSE SME
Retail Quota:	50%
NII Quota:	50%
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here

Timescan Logistics IPO Market Lot

The Timescan Logistics IPO minimum market lot is 2000 shares with ₹102,000 application amount.

Lot Size:	Minimum 2000 Shares for 1 lot
Minimum Amount:	₹102,000 for 1 lot

Timescan Logistics IPO Time Table, Allotment & Listing

The Timescan Logistics IPO date is 31 December 2021 and the IPO close date is 03 January 2022. The allotment date is 07 January 2022 and the IPO may list on 12 January 2022.

IPO Open Date:	31 December 2021
IPO Close Date:	03 January 2022
Basis of Allotment:	07 January 2022
Refunds:	10 January 2022
Credit to Demat Account:	11 January 2022
IPO Listing Date:	12 January 2022

Timescan Logistics IPO Form

How to apply the Timescan Logistics IPO? You can apply Timescan Logistics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Timescan Logistics IPO in the Invest section. The other option you can apply Timescan Logistics IPO via IPO forms download via NSE website. Check out the Timescan Logistics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Timescan Logistics Company Financial Report

₹ in Crores
	Revenue	Expense	PAT
2019	₹63.93	₹62.59	₹0.83
2020	₹65.10	₹63.56	₹0.80
2021	₹99.76	₹97.46	₹1.25
2021 – 3M	₹27.24	₹26.42	₹0.41

Company Promoters

• Mr. Moulana Taufeek Islam
• Mrs. Ayisha Beevi