 "initial public offerings")
Tarsons Products’ Rs 1,024-crore IPO will open for subscription on Monday. The price band for the issue is Rs 635-662 per share. The company will raise Rs 150 crore in fresh capital through the IPO. The offer for sale (OFS) component of the IPO is worth Rs 874 crore.
“Considering the TTM (June 2021) adjusted EPS of Rs 16.3 on post issue basis, the company is going to list at a P/E of 40.61 with a market cap of Rs 3,522 crore. There are no listed entities whose business portfolio is comparable with that of the company's business and comparable to
