March 27, 2024 - April 2, 2024

TAC Infosec IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to TAC Infosec IPO.

TAC Infosec IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

TAC Infosec IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

TAC Infosec IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is in a niche segment with established market. It provides cybersecurity, coupled with risk-based vulnerability management and assessment solutions and related services. It marked spectacular performance for FY23 that raise eyebrows. Based on FY24 annualized earnings, the issue appears fully priced. However, investors may park funds for the medium to long term rewards. Read detail review...

TAC Infosec IPO Peer Comparison

TAC Infosec Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
TAC Infosec Limited	6.63	10.04		66.05	10.56	Standalone
Dev Information Technology Limited	3.95	19.20	23.73	20.57	4.88	Standalone
Infobeans Technologies Limited	15.19	98.74	29.63	15.38	4.56	Standalone
Sigma Solve Limited	1.88	12.38	100.89	15.15	15.28	Standalone

Note:

All the financial information for listed industry peer mentioned above is on a standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE and BSE website for the year ended March 31, 2023.
The P/E Ratio has been computed based on the closing market price of equity shares on NSE on March 31, 2023 divided by the Basic EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

TAC Infosec IPO Review by Members

TAC Infosec IPO Reviews, analysis and views by popular members. Read TAC Infosec Limited IPO reviews by retail investors to find recommended ipo to buy.

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TAC Infosec IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	3	1	0	0
%	75.00	25.00	0.00	0.00

Member	Review
Avinaash	Apply for Long Term at Cut-off Price Strong fundamental. March 29, 2024 10:59:14 PM
PHARROAD WALE BABAJI	Apply for Listing Gain at Upper Price Band Apply for Listing gain to Medium term March 30, 2024 5:50:49 PM
Sneah	May Apply for Short Term at Cut-off Price EBITD & EBITDA margin is calculated wrong I think as of Sept ‘23 kindly suggest to check Thanks March 25, 2024 2:36:33 PM
Wizard blast	Apply for Listing Gain at Upper Price Band NA March 27, 2024 5:59:09 PM

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