TAC Infosec Ltd
Price Range
₹100 - ₹106
Min. Quantity
1,200
Closes on
2 April 2024
Min. investment
₹1,27,200/1,200 Shares
TAC Infosec Ltd IPO Timeline
TAC Infosec Ltd was originally incorporated as TAC Infosec Private Limited' as a Private Company, vide Certificate of Incorporation dated August 01, 2016, issued by the Registrar of Companies, Central Registration Centre. Subsequently, Company was converted to Public Limited Company and consequently, the name of Company was changed to 'TAC Infosec Limited' and a fresh Certificate of Incorporation dated December 29, 2023 was issued to Company by the Registrar of Companies-Chandigarh.
| Event | Date |
|---|---|
| TAC Infosec Ltd IPO Opening Date | 27 March 2024 |
| TAC Infosec Ltd IPO Closing Date | 2 April 2024 |
| Basis of Allotment | 3 April 2024 |
| Initiation of Refunds | 4 April 2024 |
| Credit of Shares to Demat | 4 April 2024 |
| TAC Infosec Ltd IPO Listing Date | 5 April 2024 |
TAC Infosec Ltd IPO Details
| TAC Infosec Ltd IPO Date | 27 March 2024 to 2 April 2024 |
| TAC Infosec Ltd IPO Face Value | ₹10 per share |
| TAC Infosec Ltd IPO Price | ₹100 to ₹106 per share |
| TAC Infosec Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹29.99 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹29.99 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Trishneet Arora, Charanjit Singh |
TAC Infosec Ltd IPO Lot Size
The TAC Infosec Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,27,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,27,200 |
| Maximum | 1 | 1,200 | ₹1,27,200 |
- Strengths
- Risks
- Opportunities
- Founder led company supported by a highly experienced and professional leadership team.
- Niche Brand Building.
- Easy to Use and High-Quality Solutions.
- Consistent Growth, Profitability and Cash Flow Generation.
Company Financials
TAC Infosec Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 17.67 | 11.85 | 6.33 |
| 03-2023 | 10.43 | 10.1 | 5.13 |
| 03-2022 | 4.96 | 5.24 | 0.61 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Acquisition of TAC Sceurity Inc (Delaware USA) and making it wholly owned subsidiary theron
- Investment in human resources and product development
- General corporate purposes
TAC Infosec Ltd IPO Promoter Holding
| Pre Issue Share Holding | 74% |
| Post Issue Share Holding | 54.02% |
TAC Infosec Ltd IPO Subscription Status (Bidding Detail)
The TAC Infosec Ltd IPO is subscribed 280.6862 times on 2 April 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 280.6862 |
TAC Infosec Ltd IPO Prospectus
TAC Infosec Ltd IPO Listing Date
| Listing Date | 5 April 2024 |
| BSE Script | 92785 |
| NSE Symbol | TAC |
| Listing In | NSE - SME |
| ISIN | INE0SOY01013 |
| IPO Price | ₹106 |
| Face Value | ₹10 |
Company Contact Information
8th Flr Plot # C-203 Ind.FocalPoint Phase 8B Balongi SAS Ngr,Mohali-160055
Phone: +91 99888 50821
Email: company.secretary@tacsecurity.com
Website: www.tacsecurity.com
TAC Infosec Ltd IPO Registrar
TAC Infosec Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of TAC Infosec Ltd IPO?
I have pre-applied for TAC Infosec Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.