TAC Infosec Limited IPO
TAC Infosec Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹100–₹106 per share. The stock debuted at ₹290, delivering a listing gain of 173.6%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,27,200.
TAC Infosec Limited IPO
- IPO Dates
- Mar 27, 2024 – Apr 2, 2024
- Price band
- ₹100-106 per equity share
- Minimum Investment
- ₹1,27,200
- Issue size
- ₹29.99 Cr
- Lot size
- 1200
- Allotment Date
- Apr 3, 2024
- Listing
- Apr 5, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 27, 2024
Open Date
Completed
-
Apr 2, 2024
Close Date
Completed
-
Apr 3, 2024
Allotment Date
Completed
-
Apr 5, 2024
Listing Date
Completed
TAC Infosec Limited IPO Essentials
TAC Infosec Limited IPO Details
TAC Infosec Limited IPO is priced at ₹100-106 per share with a total issue size of 29.99 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹100-106 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,829,600 shares(aggregating up to ₹29.99 Cr)
- Total issue size
- 28,29,600 shares
(aggregating up to ₹29.99 crore) - Fresh issue
- 28,29,600 shares
(aggregating up to ₹29.99 crore) - Listing at
- NSE SME
- List price
- 290.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,27,200 |
| Retail(max) | 1 | 1200 | ₹1,27,200 |
| NII (min) | 2 | 2,400 | ₹2,54,400 |
TAC Infosec Limited IPO Reservation
TAC Infosec Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,829,600 shares, approximately 19% are reserved for QIB, 14.25% for NII, 33.25% for retail investors, 5% for market maker, and 28.5% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 806,400 (28.5%) | |
| Market Maker Shares Offered | 141,600 (5%) | |
| QIB Shares Offered | 537,600 (19%) | |
| NII (HNI) Shares Offered | 403,200 (14.25%) | |
| Retail Shares Offered | 940,800 (33.25%) | |
| Total Shares Offered | 2,829,600 (100%) |
TAC Infosec Limited IPO Analytics
TAC Infosec Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
TAC Infosec Limited IPO Subscription Status
TAC Infosec Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 537,600 / 403,200 | 940,800 | 1,881,600 |
|
Day 1
27-03-24 06:00 PM
|
(2.64 / 6.06) x | 16.57 x | 10.34 x |
|
Day 2
28-03-24 06:00 PM
|
(2.67 / 14.08) x | 42.17 x | 24.86 x |
|
Day 3
01-04-24 06:00 PM
|
(2.67 / 52.12) x | 114.20 x | 69.03 x |
|
Day 4
02-04-24 06:00 PM
|
(141.29 / 769.18) x | 433.54 x | 421.96 x |
TAC Infosec Limited Valuations
Earnings
- EPS Pre IPO
- ₹6.63/-
- EPS Post IPO
- ₹3.72/-
- P/E Pre IPO
- 15.98
- P/E Post IPO
- 28.5
Returns
- ROE
- 22.51%
- ROCE
- 22.75%
- RoNW
- 20.24%
- PAT Margin
- 38.81
Fundamentals
- Price / Book
- 8.42
TAC Infosec Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 977.65 | 496.45 | 404.00 |
| Revenue | 1,014.28 | 523.63 | 516.49 |
| Profit After Tax | 507.29 | 60.75 | 61.13 |
| Net Worth | 768.05 | 260.75 | 200.00 |
| Reserves & Surplus | 723.05 | 215.75 | 155.00 |
| Total Borrowing | 35.93 | 89.06 | 22.29 |
TAC Infosec Limited Company & Offer Insights
About TAC Infosec Limited
TAC Infosec Limited is a 2016 launched company that provides risk-based solutions for vulnerability management and assessment, cyber security quantification and penetration testing in a SaaS model.
Some of its key clients include banks and financial institutions, government regulators and departments, large enterprises (including corporate offices) like 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 was staffed with 56 employees, of whom 33 operated in operations and product development.
TAC Infosec Limited Promoter(s)
Mr. Trishneet Arora, Mr. Charanjit Singh are the company's promoters of TAC Infosec Limited.
TAC Infosec Limited IPO Issue Objectives
- •
- Acquisition of TAC Security Inc (Delaware, USA) and making it a Wholly Owned Subsidiary thereon
- •
- Investment in Human resources and Product Development
- •
- General Corporate Purposes.
TAC Infosec Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| TAC Infosec Limited | 6.63 | N/A | 10.04 | N/A | 66.05 | 10.56 | Standalone |
| Dev Information Technology Limited | 3.95 | N/A | 19.2 | 23.73 | 20.57 | 4.88 | Standalone |
| Infobeans Technologies Limited | 15.19 | N/A | 98.74 | 29.63 | 15.38 | 4.56 | Standalone |
| Sigma Solve Limited | 1.88 | N/A | 12.38 | 100.89 | 15.15 | 15.28 | Standalone |
Notes:
- 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.
- Return on Net Worth (RoNW) is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the 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.
Contact Information
Contact Details
TAC Infosec Limited
+91 9988850821
company.secretary@tacsecurity.com
8th Floor, Plot No. C-203, Industrial Focal Point, Phase 8B, Balongi, Rupnagar, S.A.S.Nagar, Mohali – 160055
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
TAC Infosec Limited IPO is a book-built IPO worth ₹29.99 crore. The price band is ₹100–₹106 per share. The IPO opens on Mar 27, 2024 and closes on Apr 2, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of TAC Infosec Limited IPO is ₹100 to ₹106 per share.
The lot size of TAC Infosec Limited IPO is 1200 shares.
The minimum investment for TAC Infosec Limited IPO is approximately ₹1,27,200 based on the upper price band .
TAC Infosec Limited IPO opens on Mar 27, 2024 and closes on Apr 2, 2024.
The allotment date of TAC Infosec Limited IPO is Apr 3, 2024.
TAC Infosec Limited IPO is expected to be listed on Apr 5, 2024, on NSE SME Platform.
TAC Infosec Limited IPO valuation snapshot: P/E 28.5, EPS ₹3.72/-, P/B 8.42, RoNW 20.24%, and market cap N/A.
To apply for TAC Infosec Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of TAC Infosec Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for TAC Infosec Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check TAC Infosec Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the TAC Infosec Limited IPO allotment status on IPO Ji for quick and easy access.