Introduction

Tarsons Products Limited, founded in 1993 and headquartered in Kolkata, West Bengal, has emerged as a leading player in the Indian labware manufacturing industry. With over three decades of experience, Tarsons Products has established itself as a symbol of innovation, quality, and service excellence. Specializing in the production and supply of laboratory plasticware and medical equipment, the company has a strong presence in various sectors, including pharmaceuticals, healthcare, biotechnology, food, and environmental sciences. In this article, we will delve into the history, product portfolio, certifications, and recent developments of Tarsons Products Limited.

History and Growth

Tarsons Products Limited began its journey in the plastic labware manufacturing sector more than 30 years ago. Throughout its history, Tarsons has been synonymous with creativity, quality, and customer-centric services. Over time, the company has evolved into a dedicated supplier for global pharmaceutical, healthcare, biotech, food, and environmental sectors. As of March 31, 2020, Tarsons’ product portfolio included a wide range of plastic products, medical equipment, export incentives, scrap, and raw materials. The company operates five fully automated manufacturing facilities, covering approximately 20,000 square meters in West Bengal, India. Tarsons has also established a robust distribution network, with around 141 authorized distributors as of March 31, 2021.

Product Portfolio

Tarsons Products Private Limited manufactures an extensive range of disposable plastic labware, including centrifuge ware, cryo labware, tissue culture ware, liquid handling systems, safety products, and instruments. The company’s product portfolio is categorized into three main segments: reusable, consumable, and other plastic products. As of March 31, 2021, Tarsons offered an impressive 1700 SKUs across 300 different products. These products find applications in research organizations, academic institutions, pharmaceutical companies, contract research organizations (CROs), diagnostic companies, and hospitals. Parsons is renowned for its expertise in plastic molding and a deep understanding of the latest laboratory techniques.

Some of the key products offered by Tarsons Products include plastic labware bottles, carboys, measuring cylinders, mini coolers, test tube racks, pipette tips, Petri dishes, centrifuge tubes, cryovials, and Pasteur pipettes.

Certifications

Tarsons Products Limited maintains stringent quality standards and has received several certifications to validate its commitment to quality and safety. Some of the notable certifications include:

1. ISO 1385:2016/NS-EN ISO 1385:2016: This certification covers the design, development, manufacturing, marketing, sales, and distribution of sterile and non-sterile plastic labware for clinical and medical use.
2. ISO 9001:2015: This certification pertains to the quality management system and is valid for the design, development, manufacturing, marketing, sales, and distribution of plastic labware.
3. CE-Registration Certification: Tarsons Products complies with CE standards, ensuring that its products meet the necessary European Union directives and regulations.

IPO Details

In a significant development, Tarsons Products Limited announced plans to raise Rs 1024 crore through an initial public offering (IPO). The IPO comprises fresh issues worth Rs 150 crore and an offer for sale of Rs 873 crore. The allotment for the IPO was expected to be finalized on November 23, 2021. The grey market premium for Tarsons Products Limited stood at Rs 220 per share, indicating high market anticipation and confidence that Tarsons shares would list at Rs 882.

Highlights

Tarsons Products Limited boasts several key highlights that have contributed to its success:

• Leading supplier of life science products.
• A robust sales and distribution network with 141 authorized distributors.
• An experienced management team.
• State-of-the-art and fully automated manufacturing units.
• A diversified product portfolio catering to various sectors.

Recent Developments

As of the latest updates, Tarsons Products Limited’s stock opened at Rs 700 on the BSE and Rs 682 on the National Stock Exchange. The company’s share price saw significant growth, trading at Rs 818, reflecting a 23% gain from the listing price.

Conclusion

Tarsons Products Limited has established itself as a premier manufacturer and supplier of laboratory plasticware and medical equipment in India. With a rich history, diversified product portfolio, and strong commitment to quality, Tarsons Products is well-positioned to continue its growth and make significant contributions to the life sciences and healthcare sectors.

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