TAC Infosec IPO vs Yash Optics & Lens IPO

Comparision between TAC Infosec IPO and Yash Optics & Lens IPO.

IPO Details

TAC Infosec IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Yash Optics & Lens IPO is a SME Book Built Issue proposed to list at NSE SME.

	TAC Infosec IPO	Yash Optics & Lens IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Shreni Shares Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of TAC Infosec IPO is up to ₹29.99 Cr whereas the issue size of the Yash Optics & Lens IPO is up to ₹53.15 Cr. The final issue price of TAC Infosec IPO is ₹106.00 per share and of Yash Optics & Lens IPO is ₹81.00 per share.

	TAC Infosec IPO	Yash Optics & Lens IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹100.00 per share	₹75.00 per share
Issue Price (Upper)	₹106.00 per share	₹81.00 per share
Issue Price (Final)	₹106.00 per share	₹81.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	28,29,600 shares	65,61,600 shares
Fresh Issue Size (Amount)	up to ₹29.99 Cr	up to ₹53.15 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,29,600 shares	65,61,600 shares
Issue Size Total (Amount)	up to ₹29.99 Cr	up to ₹53.15 Cr

IPO Timetable

TAC Infosec IPO opens on Mar 27, 2024, while Yash Optics & Lens IPO opens on Mar 27, 2024. The closing date of TAC Infosec IPO and Yash Optics & Lens IPO is Apr 02, 2024, and Apr 03, 2024, respectively.

	TAC Infosec IPO	Yash Optics & Lens IPO
Anchor Bid Date	Mar 26, 2024	Mar 26, 2024
Issue Open	Mar 27, 2024	Mar 27, 2024
Issue Close	Apr 02, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 03, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 04, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 04, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 05, 2024	Apr 08, 2024
Anchor Lockin End date 1	May 03, 2024	May 04, 2024
Anchor Lockin End date 2	Jul 02, 2024	Jul 03, 2024

Financials

TAC Infosec IPO P/E ratio is 15.98, as compared to Yash Optics & Lens IPO P/E ratio of 18.28.

TAC Infosec IPO

Yash Optics & Lens IPO

Financial

TAC Infosec Limited Financial Information (Restated)

TAC Infosec Limited's revenue increased by 93.7% and profit after tax (PAT) rose by 735.05% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,213.02	977.65	496.45	404.00
Revenue	531.10	1,014.28	523.63	516.49
Profit After Tax	194.85	507.29	60.75	61.13
Net Worth	962.90	768.05	260.75	200.00
Reserves and Surplus	917.90	723.05	215.75	155.00
Total Borrowing	27.68	35.93	89.06	22.29
Amount in ₹ Lakhs

Yash Optics & Lens Limited Financial Information (Restated)

Yash Optics & Lens Limited's revenue increased by 33.3% and profit after tax (PAT) rose by 18.32% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,412.63	3,414.26	2,444.86	1,215.25
Revenue	1,869.16	3,980.39	2,986.04	1,498.24
Profit After Tax	422.52	806.58	681.67	106.31
Net Worth	2,334.01	1,911.50	1,104.92	426.61
Reserves and Surplus	2,333.01	1,910.50	1,103.92	425.61
Total Borrowing	2,452.69	1,085.63	402.36	585.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

78.00%

97.45%

Promoter Shareholding (Post-Issue)

56.94%

71.63%

P/E Ratio

15.98

18.28

Market Cap

₹111.08 Cr.

₹200.60 Cr.

ROE

22.51%%

18.10%

ROCE

22.75%%

10.38%

Debt/Equity

1.05

EPS

₹6.63

₹4.43

RoNW

20.24%%

18.09%%

Shares Offered

In the TAC Infosec IPO retail investors (RII) are offered 9,40,800 shares while in Yash Optics & Lens IPO retail investors are offered 9,40,800 shares. Qualified institutional buyers (QIB) are offered 5,37,600 shares in TAC Infosec IPO and 11,64,800 shares in Yash Optics & Lens IPO.

	TAC Infosec IPO	Yash Optics & Lens IPO
Anchor Investor Reserveration	8,06,400 shares	17,02,400 shares
Market Maker Reserveration	1,41,600 shares	3,31,200 shares
QIB	5,37,600 shares	11,64,800 shares
NII	4,03,200 shares	11,10,400 shares
RII	9,40,800 shares	22,52,800 shares
Employee	0 shares	0 shares
Others
Total	18,81,600 shares	45,28,000 shares

Bids Received (Subscription)

TAC Infosec IPO subscribed 422.03x in total, whereas Yash Optics & Lens IPO subscribed 42.17x.

	TAC Infosec IPO	Yash Optics & Lens IPO
QIB (times)	141.29x	19.88x
NII (times)	768.89x	85.27x
Big NII (times)
Small NII (times)
RII (times)	433.80x	32.46x
Employee (times)
Other (times)
Total (times)	422.03x	42.17x

Compare with others

TAC Infosec IPO	Yash Optics & Lens IPO
K2 Infragen IPO	DCG Cables & Wires IPO
Aluwind Architectural IPO	Creative Graphics Solutions India IPO
Jay Kailash Namkeen IPO	K2 Infragen IPO
Yash Optics & Lens IPO	Aluwind Architectural IPO
GConnect Logitech IPO	Jay Kailash Namkeen IPO
Radiowalla IPO	GConnect Logitech IPO
Aspire & Innovative IPO	TAC Infosec IPO
Blue Pebble IPO	Radiowalla IPO
Vruddhi Engineering Works IPO	Aspire & Innovative IPO
Naman In-Store (India) IPO	Blue Pebble IPO

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