TSC India IPO Subscribed 73.21x on Final Day, Led by NII and Retail Investors

TSC India's initial public offering (IPO) has demonstrated exceptional investor demand through its third and final day of subscription, with TSC India's stock price set at ₹70 per share reflecting strong market reception. The ₹25.89 crore IPO surged dramatically to 73.21 times by 5:10:00 PM on day three, indicating remarkable investor interest in this travel management company incorporated in 2003.

TSC India IPO non-institutional investors segment leads with phenomenal 133.17 times subscription, whilst individual investors demonstrate outstanding participation at 66.47 times and qualified institutional buyers show solid interest at 40.03 times, reflecting strong investor confidence in this company.

TSC India IPO subscription reached an outstanding 73.21 times on day three, led by NII (133.17x), Individual Investors (66.47x), and QIB (40.03x). Total applications reached 26,060.

Subscription Status of TSC India IPO:

Here are the subscription details for TSC India IPO as of Day 3 (July 25, 2025, 5:10:00 PM):

Key Highlights - Day 3:

• Overall subscription reaching outstanding 73.21 times, a massive surge from day two's 1.72 times
• NII segment leading with phenomenal demand at 133.17 times, dramatically increasing from day two's 1.77 times
• Individual investors demonstrating exceptional interest at 66.47 times, significantly jumping from day two's 2.10 times
• QIB segment showing solid participation at 40.03 times, substantially building from day two's 1.01 times
• Total applications reached 26,060, indicating substantial investor participation for this SME IPO
• Cumulative bid amount reached ₹1,261.78 crores against the issue size of ₹25.89 crores

TSC India IPO - Day 2 Subscription at 1.72 Times

Key Highlights - Day 2:

• Overall subscription improving to 1.72 times from day one's 0.79 times
• Individual investors showing steady growth at 2.10 times, building momentum from day one's 0.81 times
• NII segment demonstrating gradual progress at 1.77 times, increasing from day one's 0.44 times
• QIB segment maintaining steady interest at 1.01 times, unchanged from day one's level

TSC India IPO - Day 1 Subscription at 0.79 Times

Key Highlights - Day 1:

• Overall subscription opening cautiously at 0.79 times, showing modest initial investor interest
• QIB segment leading early participation at 1.01 times, indicating initial institutional confidence
• Individual investors showing measured early interest at 0.81 times, reflecting careful retail sentiment
• NII segment demonstrating limited early interest at 0.44 times, reflecting cautious high-net-worth approach

About TSC India Limited

Incorporated in 2003, TSC India Limited is a travel management company specialising in comprehensive air ticketing services for its clients. Focused on B2B and corporate sectors, TSC collaborates with airlines and travel agents to provide cost-effective travel solutions, managing over 420 bookings daily, 3,000 weekly, and 12,000 monthly.