Timescan Logistics (India) Limited
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Having completed its public offering, Timescan Logistics (India) Limited's is now listed and trading on the NSE exchange as of Jan 12, 2022. The IPO raised cumulative capital of 9,44,000 Shares, including 9,44,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹51 to ₹51 and minimum investment requirement of 2000 shares. subscription activity between Dec 31, 2021 and Jan 04, 2022 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Jan 07, 2022 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Timescan Logistics is a Multimodal Transport Operator and third-party logistics provider offering end-to-end logistics solutions across land, air, and sea transportation. The company provides a comprehensive range of services including sea and air freight forwarding, customs clearance, warehousing, transportation, multimodal logistics, project cargo handling, vessel chartering, and packaging with loading and unloading services. It is a registered Custom House Broker with customs offices in Chennai, Vijayawada, and Mundra, and is also a member of the World Cargo Alliance, enabling strong global connectivity. Additionally, the company operates a 16,354 sq. ft. warehouse on a long-term lease within the Free Trade Warehousing Zone at JMD Chennai SEZ, supporting efficient international trade operations.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Complete Logistics Solutions: Offers a full range of logistics services under one roof.
- Wide Client Base: Serves a large and diverse group of customers.
- Organizational Stability: Backed by strong management experience and stability.
- Clear Structure: Well-defined organizational setup for smooth operations.
- Customer-Focused & Certified: Follows a customer-centric approach and is ISO 9001:2015 certified.
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- Mr. Moulana Taufeek Islam
- Mrs. Ayisha Beevi
Timescan Logistics (India) Limited
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