TSC India SME IPO Subscription
ListedUpdated 30 July 2025, 9:15 AM IST· NSE SME
TSC India SME IPO subscription closed on 25 July 2025 at 73.21x overall by shares. QIB demand came in at 40.03x, NII at 133.17x, and retail at 66.47x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 28 July 2025. Listing date on NSE and BSE is 30 July 2025.
TSC India SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Jul 2025 | 1.01x | 0.44x | 0.81x | 0.79x |
| Day 2 - 24 Jul 2025 | 1.01x | 1.77x | 2.10x | 1.72x |
| Day 3 - 25 Jul 2025 | 40.03x | 133.17x | 66.47x | 73.21x |
TSC India SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
TSC India SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 66.47x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the TSC India SME IPO Allotment Status page from 28 July 2025 for your result.
TSC India SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 70.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 4.93 Cr | Rs 197.27 Cr | 40.03x |
| NII | Rs 3.70 Cr | Rs 492.18 Cr | 133.17x |
| IND | Rs 8.61 Cr | Rs 572.29 Cr | 66.47x |
| Total | Rs 17.23 Cr | Rs 1,261.75 Cr | 73.21x |
What Do These Subscription Numbers Mean?
73.21x overall by shares means bids covered about 73 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 40.03x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (133.17x by shares). SHNI and BHNI allotment is by lottery.
Retail at 66.47x by shares. Exact lottery chances need application data.
TSC India SME IPO GMP After Subscription
GMP for TSC India SME stands at Rs 8.00 today, giving an estimated listing price of Rs 78.00 per share.
A subscription of 73.21x combined with a GMP of 11.43% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the TSC India SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
TSC India SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 July 2025 |
| IPO Close Date | 25 July 2025 |
| Allotment Date | 28 July 2025 |
| Refund Initiation | 29 July 2025 |
| Share Credit to Demat | 29 July 2025 |
| Listing Date | 30 July 2025 |
| Minimum Investment | Rs 2,80,000.00 |
| Lot Size | 2000 shares |
About TSC India SME
TSC India Limited, founded in 2003, is a travel management company specializing in comprehensive air ticketing services for its clients. The company primarily operates on a Business-to-Business (B2B) and corporate model, collaborating closely with airlines and travel agents to provide cost-effective travel solutions. Its key service offerings include travel planning, air ticket booking (domestic and international), organizing corporate travel itineraries, booking management, analytical reporting systems, cost-effective solutions, consulting and negotiation expertise, 24/7 emergency support, transparent practices, and integrated one-stop solutions.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
TSC India SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
TSC India SME Details
Issue size, price, financials, and company info
TSC India SME GMP
Live grey market premium and listing estimate
TSC India SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
TSC India SME Allotment
Allotment date, chances, and check by PAN
TSC India SME Review
SWOT, strengths, risks, and IPO review
TSC India SME FAQ
Common questions on dates, GMP, and allotment
TSC India SME Registrar
Registrar website and how to check allotment
TSC India SME Timeline
Open, close, allotment, and listing dates
TSC India SME News
Updates, blogs, and latest IPO news
TSC India SME IPO Subscription FAQs
What is TSC India SME IPO subscription status today?
TSC India SME IPO subscription closed on 25 July 2025 with overall subscription of 73.21x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 40.03x, NII 133.17x, IND 66.47x.
What is the overall subscription of TSC India SME IPO?
TSC India SME IPO is subscribed 73.21x overall by shares at close on 25 July 2025. QIB 40.03x, NII 133.17x, and IND 66.47x.
What is TSC India SME IPO QIB subscription?
TSC India SME IPO QIB (Qualified Institutional Buyers) subscription is 40.03x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is TSC India SME IPO IND subscription?
TSC India SME IPO IND subscription is 66.47x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is TSC India SME IPO NII, SHNI, and BHNI subscription?
TSC India SME IPO NII subscription is 133.17x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are TSC India SME IPO retail allotment chances?
TSC India SME IPO retail share subscription is 66.47x. Application data is needed for exact lottery chances.
What are TSC India SME IPO SHNI allotment chances?
TSC India SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are TSC India SME IPO BHNI allotment chances?
TSC India SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is TSC India SME IPO allotment date?
TSC India SME IPO allotment date is 28 July 2025. Check TSC India SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does TSC India SME IPO subscription close?
TSC India SME IPO subscription closed on 25 July 2025. No new applications are accepted after the close.
What is TSC India SME IPO GMP today?
TSC India SME IPO GMP is ₹8 today (+11.43% over issue price ₹70). See live GMP on the TSC India SME IPO GMP Today page.
What is TSC India SME IPO issue price and lot size?
TSC India SME IPO issue price is ₹70 per share. Lot size is 2000 shares. Minimum investment is ₹2,80,000 per lot (minimum 2 lots for SME). Issue size: ₹24.58 Cr.
When is TSC India SME IPO listing date?
TSC India SME IPO listing date is 30 July 2025 on NSE and BSE. Allotment is on 28 July 2025.
How does subscription affect TSC India SME IPO allotment?
In TSC India SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 73.21x overall, competition is very high.
For allotment results from 28 July 2025, visit the TSC India SME IPO Allotment Status page. For listing day updates on 30 July 2025, download the IPOwiz App.
Sources
We match TSC India SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.