Yash Optics & Lens Limited IPO

Price
₹75 - ₹81
Lot
1600
Subs.
42.17
Expected Listing Earning

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

Open Date: 27-Mar-2024
Close Date: 03-Apr-2024
Allotment Date: 04-Apr-2024
Listing Date: 08-Apr-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹75-81 Per Equity Share
Issue Size: Total Issue Size 6,561,600 shares (aggregating up to ₹53.15 Cr) : Fresh Issue 6,561,600 shares (aggregating up to ₹53.15 Cr)
Market Lot (Min Amount): Retail - ₹129,600 : HNI - ₹259,200
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved1,164,8001,110,4002,252,8004,528,000
Day 1 - 27-03-24 
05:00 PM
1.38x0.11x0.41x0.59x
Day 2 - 28-03-24 
05:00 PM
1.70x0.20x0.87x0.92x
Day 3 - 01-04-24 
05:00 PM
1.70x0.65x1.77x1.48x
Day 4 - 02-04-24 
05:00 PM
1.70x3.29x6.05x4.26x
Day 5 - 03-04-24 
05:00 PM
19.88x85.27x32.46x42.17x
Total No. of Application:45,703 (Approx.)
Retail Subscription on the basis of Apps:32.46x
Valuations

Earning Per Share(EPS)4.43/-
P/E Ratio18.28
RoNW18.09%
Net Asset Value (NAV) - Post Issue:10.79/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
30 Sep,20235,412.631,869.16422.52
31 Mar,20233,414.263,980.39806.58
31 Mar,20222,444.862,986.04681.67
31 Mar,20211,215.251,498.24106.31
Promoter(s)

Pre Issue Share Holding97.45%
Post Issue Share Holding71.63%
Company Promoter(s)
1. Mr. Tarun Manharlal Doshi
2. Mr. Dharmendra M Doshi
3. Mr. Chirag Manharlal Doshi
Issue Objective(s)

The company intends to utilize the proceeds of the Issue to meet the following objects:

  1. Funding of Capital expenditure for setting up a manufacturing unit for backward integration;
  2. Purchase of Plant and Machinery at existing manufacturing unit;
  3. Repayment/ prepayment of certain borrowings availed by the company;
  4. Funding Working Capital Requirements of the company; and
  5. General corporate purposes.
About Company

Yash Optics & Lens Limited was founded in 2010 and offers a wide range of vision correction solutions.

The company is engaged in the manufacture, trading, distribution, and supply of spectacle lenses/optical lenses. The company offers single-vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressive lenses for professionals as well as a wide range of coatings.

HOYA Lens India Private Limited has appointed the company as the exclusive distributor for the sale, marketing and distribution of "Pentax" brand lenses in India.

The company's manufacturing facility is located in Kandivali (West), Mumbai. The company has an India-wide presence and distribution network for the domestic market.

As of December 31, 2023, the company employed over 106 people.

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.