Tara Chand Logistic Solutions Limited (TLS) formerly known as Tara Chand & Sons, is engaged in serving the infrastructural needs of India since 1980 and has successfully provided comprehensive solutions to many large organization mainly engaged in providing logistic and supply chain services including transportation and warehousing, equipment rental and steel processing and distribution in India.
With over 35 years of experience, Tara Chand Logistic Solutions Limited (TLS) enjoys the distinction of being the industry leader in steel material handling and warehousing. Over the last two decades, the group has diversified into deployment of heavy lifting equipment required for infrastructure and construction projects. Company’s fleet or cranes and trailers has served across various sectors like Power, Windmill, Refinery, Steel and Urban Infrastructure (Roads, Bridges, Highways, Airports, Metros, and Gas Pipelines)
Tara Chand Logistic Solutions Limited (TLS) major clientele includes Reliance industries ltd, Larsen & Toubro ltd (seven Independent Companies), Steel Authority of India ltd, Rashtriya Ispat Nigam ltd, Oil and Natural Gas Corporation ltd, Tata Projects ltd, Hindustan Construction Company ltd, Vedanta ltd, J Kumar Infraprojects ltd, NCC ltd, Welspun Corp, ITD Cementation India ltd, Bharat Heavy Electricals ltd, Gayatri Projects Ltd, Megha Engineering & Infrastructures ltd.
Tara Chand Logistic Solutions Limited (TLS) current fleet of cranes consists of capacities ranging from 15MT to 800MT. The company has added another feather to its cap by acquiring an 800MT Liebherr crane, which will become only the second such crane to be deployed in India once it joins our fleet in April 2017.
Tara Chand Logistic Solutions Limited (TLS) has posted turnover/net profits of Rs. 23.98 cr. / Rs. 0.66 cr. (FY14), Rs. 39.25 cr. / Rs. 0.69 cr. (FY15), Rs. 46.22 cr. / Rs. 1.19 cr. (FY16) and Rs. 52.65 cr. / Rs. 2.63 cr. (FY17).
»» Issue Open: Mar 13, 2018 – Mar 15, 2018
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,720,000 Equity Shares of Rs 10 aggregating up to Rs 20.46 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 55 Per Equity Share
»» Market Lot: 2000 Shares
»» Minimum Order Quantity: 2000 Shares
»» Listing At: NSE SME
»» Investment Amount : 110000 Rs
Investors may consider investment for short to long term.