Yash Optics & Lens Ltd
Price Range
₹75 - ₹81
Min. Quantity
1,600
Closes on
3 April 2024
Min. investment
₹1,29,600/1,600 Shares
Yash Optics & Lens Ltd IPO Timeline
Yash Optics & Lens Limited was originally incorporated on July, 2010 as 'Yash Optics & Lens Private Limited' with the Registrar of Companies, Mumbai, Maharashtra. Subsequently, Company got converted into Public Limited Company and name of Company was changed from 'Yash Optics & Lens Private Limited' to 'Yash Optics & Lens Limited' vide fresh Certificate of Incorporation dated January 29, 2024 issued by the Registrar of Companies, Centralised Processing Centre.
| Event | Date |
|---|---|
| Yash Optics & Lens Ltd IPO Opening Date | 27 March 2024 |
| Yash Optics & Lens Ltd IPO Closing Date | 3 April 2024 |
| Basis of Allotment | 4 April 2024 |
| Initiation of Refunds | 5 April 2024 |
| Credit of Shares to Demat | 5 April 2024 |
| Yash Optics & Lens Ltd IPO Listing Date | 8 April 2024 |
Yash Optics & Lens Ltd IPO Details
| Yash Optics & Lens Ltd IPO Date | 27 March 2024 to 3 April 2024 |
| Yash Optics & Lens Ltd IPO Face Value | ₹10 per share |
| Yash Optics & Lens Ltd IPO Price | ₹75 to ₹81 per share |
| Yash Optics & Lens Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹53.15 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹53.15 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 | Tarun Manharlal Doshi, Dharmendra M Doshi, Chirag Manharlal Doshi |
Yash Optics & Lens Ltd IPO Lot Size
The Yash Optics & Lens Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,29,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,29,600 |
| Maximum | 1 | 1,600 | ₹1,29,600 |
- Strengths
- Risks
- Opportunities
- Wide range of products with ability to customize.
- In-house manufacturing facility with equipped machines and processes.
- Brand Equity.
- Customer Centric Business Model.
- Quality assurance.
- Experienced Promoters and management team.
- PAN India Presence / Customer base across geographies.
- No Dependency on single or few customers.
Company Financials
Yash Optics & Lens Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 60.57 | 41.2 | 9.02 |
| 03-2023 | 34.05 | 39.79 | 8.03 |
| 03-2022 | 24.45 | 29.86 | 6.82 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure for setting up a mfg unit for backward integration
- Purchase of plant and machinery at existing mfg unit
- Repayment/prepayment of certain borrowings availed by the company
- Funding working capital requirements of the company
- General corporate purposes
Yash Optics & Lens Ltd IPO Promoter Holding
| Pre Issue Share Holding | 29.2% |
| Post Issue Share Holding | 21.46% |
Yash Optics & Lens Ltd IPO Subscription Status (Bidding Detail)
The Yash Optics & Lens Ltd IPO is subscribed 29.1544 times on 3 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) | - | - | - | - | 29.1544 |
Yash Optics & Lens Ltd IPO Prospectus
Yash Optics & Lens Ltd IPO Listing Date
| Listing Date | 8 April 2024 |
| BSE Script | 92842 |
| NSE Symbol | YASHOPTICS |
| Listing In | NSE - SME |
| ISIN | INE0TO601017 |
| IPO Price | ₹81 |
| Face Value | ₹10 |
Company Contact Information
1st Flr Unit # 70A Kandiwali-Ind.Estate Charkop Kandivali W,Mumbai-400067
Phone: +91 99032 31000
Email: investors@yashopticsandlens.com
Website: www.yashopticsandlens.com
Yash Optics & Lens Ltd IPO Registrar
Yash Optics & Lens Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
FAQ
What is the issue size of Yash Optics & Lens Ltd IPO?
I have pre-applied for Yash Optics & Lens 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.