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Tara Chand Logistic Solutions Ltd.
Issue Open Date 13-Mar-18  
Issue Closing Date 15-Mar-18  
Application Money 100  
Allotment Money  
Price Band 55 -  
Minimium Application No. 2000  
Issue Size (Shares) 3720000  
Market Lot 1  
Objective
Repayment of Certain Secured Borrowings availed by our Company.Purchase of Capital Equipment.To meet working capital requirementGeneral Corporate purposesIssue Expenses
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     4660000   NA  
Qualified Institutional Buyers     18000   NA  
Retail Individual Investors     5074000   NA  
Business Description
Our company was incorporated as Tara Chand Logistic Solutions Limited on February 10, 2012 under theprovision of Companies Act, 1956 in Registrar of Companies, Punjab and Chandigarh for the purpose ofacquiring the proprietary business of M/s. Tara Chand & Sons, which was in existence since 1989. OurCompany is engaged in providing reliable and affordable logistic and supply chain services includingTransportation and Warehousing, Equipment Rental and Steel Processing and Distribution.Our business verticals serve a broad range of industries, including steel, urban and rural infrastructure, oil andgas, renewable energy etc. As of December 31, 2017 our transportation fleet included 42 owned trailers and ourequipment rental fleet included 292 owned cranes ranging from 10 MT-800 MT lifting capacity. Our Companyown automated steel processing machineries like shear line, twin master, robo master, compressor, decoilingmachines etc. totaling to 32. In our warehousing division, we handled 1.5 million MT of steel in nine monthsupto December 31, 2017.We also provide services through equipment hired by us as and when required, toprovide timely and quality services to our clients Our major clientele includes Reliance industries ltd., Larsen &Toubro Ltd. (seven Independent Companies), Steel Authority of India Ltd., Rashtriya Ispat Nigam Ltd., Oil andNatural Gas Corporation Ltd., Tata Projects Ltd., Hindustan Construction Company Ltd., Vedanta Ltd., J KumarInfraprojects Ltd., NCC Ltd., Welspun Corp, ITD Cementation India Ltd., Bharat Heavy Electricals Ltd.,Gayatri Projects Ltd, Megha Engineering & Infrastructures Ltd.
Promoter's Holding
Total Share Capital   9923980  
Offered to Public   3720000  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)   72.73  
Address
342 Industrial Area
Phase I

Chandigarh,
Punjab,
160002
Phone : 072-2650380
Email : info@tarachandindia.in
Website : www.tarachandindia.in
Registrar
Sharex (India) Pvt Ltd
17/B Dena Bank Building
2nd floor
Horniman Circle
Fort
Mumbai
Listed at
NSE
Lead Manager
Hem Securities Ltd.
Promoters
Ajay Kumar
Vinay Kumar
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