TAC Infosec Limited IPO

Price
₹100 - ₹106
Lot
1200
Subs.
422.03
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 27-Mar-2024
Close Date: 02-Apr-2024
Allotment Date: 04-Apr-2024
Listing Date: 05-Apr-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹100-106 Per Equity Share
Issue Size: Total Issue Size 2,829,600 shares (aggregating up to ₹29.99 Cr) : Fresh Issue 2,829,600 shares (aggregating up to ₹29.99 Cr)
Market Lot (Min Amount): Retail - ₹127,200 : HNI - ₹254,400
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved537,600403,200940,8001,881,600
Day 1 - 27-03-24 
05:00 PM
2.64x6.06x16.57x10.34x
Day 2 - 28-03-24 
05:00 PM
2.67x14.08x42.17x24.86x
Day 3 - 01-04-24 
05:00 PM
2.67x52.13x116.37x70.12x
Day 4 - 02-04-24 
05:00 PM
141.29x768.89x433.80x422.03x
Total No. of Application:340,097 (Approx.)
Retail Subscription on the basis of Apps:433.80x
Valuations

Earning Per Share(EPS)6.63/-
P/E Ratio15.98
RoNW20.24%
Net Asset Value (NAV) - Post Issue:10.04/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
30 Sep,20231,213.02531.10194.85
31 Mar,2023977.651,014.28507.29
31 Mar,2022496.45523.6360.75
31 Mar,2021404.00516.4961.13
Promoter(s)

Pre Issue Share Holding78.00%
Post Issue Share Holding56.94%
Company Promoter(s)
1. Mr. Trishneet Arora
2. Mr. Charanjit Singh
Issue Objective(s)

The Object of the Issue will be utilized towards the following objects:

  1. Acquisition of TAC Security Inc (Delaware, USA) and making it a Wholly Owned Subsidiary thereon,
  2. Investment in Human resources and Product Development, and
  3. General Corporate Purposes.
About Company

TAC Infosec Limited was founded in 2016 and offers risk-based solutions for vulnerability management and assessment, cyber security quantification and penetration testing in a SaaS model.

The company's clients include banks and financial institutions, government regulators and departments, large enterprises (including corporate offices) such as HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited and NSDL e-Governance.

As of September 30, 2023, the company had 56 employees, 33 of whom worked in operations and product development

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.