Yash Optics & Lens Limited IPO
NSE SMEListed On: Apr 8, 2024 at ₹ 90.0
₹ 259200 /3200 Shares
*Min Investment
27 Mar, 2024
Open Date03 Apr, 2024
Close Date04 Apr, 2024
Allotment Date08 Apr, 2024
Listing DateYash Optics & Lens Limited IPO Issue Details
- Issue Price ₹75-81 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 65,61,600 shares(aggregating up to ₹53.15 crore)
- Fresh Share 65,61,600 shares(aggregating up to ₹53.15 crore)
- Listing at NSE SME
- List Price 90.0
- Listing Date 2024-04-08
- Lead Manager Shreni Shares Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 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 | 1600 | ₹1,29,600 |
| Retail(max) | 1 | 1600 | ₹1,29,600 |
| NII (min) | 2 | 3200 | ₹2,59,200 |
Yash Optics & Lens Limited IPO Reservation
Yash Optics & Lens Limited IPO offers total 6,561,600 shares. Out of which 1,164,800 (17.75%) allocated to QIB, 1,110,400 (16.92%) allocated to NII,2,252,800 (34.33%) allocated to RII, NA (NA%) allocated to employees and 1,702,400 (25.94%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,702,400 (25.94%) | |
| Market Maker Shares Offered | 331,200 (5.05%) | |
| QIB Shares Offered | 1,164,800 (17.75%) | |
| NII (HNI) Shares Offered | 1,110,400 (16.92%) | |
| Retail Shares Offered | 2,252,800 (34.33%) | |
| Total Shares Offered | 6,561,600 (100%) |
Yash Optics & Lens Limited IPO Details
Yash Optics & Lens Limited IPO is an SME IPO, priced at ₹75-81 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 65,61,600 equity shares, aggregating up to ₹53.15 crores..
The IPO bidding window is open from Mar 27, 2024 to Apr 3, 2024. The allotment is expected to be finalized on Apr 4, 2024, and the tentative listing date is Apr 8, 2024.
The minimum lot size for Retail investors is 1600 shares, with a minimum investment of ₹1,29,600. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,59,200.
Shreni Shares Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Yash Optics & Lens Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,164,800 / 1,110,400 | 2,252,800 | 4,528,000 |
Day 1 27-03-24 06:00 PM | 1.38 / 0.11 x | 0.41 x | 0.59 x |
Day 2 28-03-24 06:00 PM | 1.70 / 0.20 x | 0.87 x | 0.92 x |
Day 3 01-04-24 06:00 PM | 1.70 / 0.65 x | 1.77 x | 1.48 x |
Day 4 02-04-24 06:00 PM | 1.70 / 3.29 x | 6.05 x | 4.26 x |
Day 5 03-04-24 06:00 PM | 19.88 / 85.24 x | 32.11 x | 42.00 x |
Yash Optics & Lens Limited Valuations
Yash Optics & Lens Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,414.26 | 2,444.86 | 1,215.25 |
| Revenue | 3,980.39 | 2,986.04 | 1,498.24 |
| Profit After Tax | 806.58 | 681.67 | 106.31 |
| Net Worth | 1,911.50 | 1,104.92 | 426.61 |
| Reserves & Surplus | 1,910.50 | 1,103.92 | 425.61 |
| Total Borrowing | 1,085.63 | 402.36 | 585.00 |
About Yash Optics & Lens Limited Company
Yash Optics & Lens Limited was established in the year 2010 and deals with a vast range of vision correction solutions.
The company is involved in the manufacturing, trading, distribution, and supply of spectacle lenses/optical lenses. The company provides 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 engaged the company as its exclusive distributor for the sale, marketing, and distribution of Pentax brand lenses in India.
The manufacturing facility of the company is at Kandivali (West), Mumbai. The company has a pan-India presence and distribution network for the domestic market.
As on December 31, 2023, the company had more than 106 people on its payroll.
Yash Optics & Lens Limited - Promoter(s)
Mr. Tarun Manharlal Doshi
Mr. Dharmendra M Doshi
Mr. Chirag Manharlal Doshi
Pre Issue Share Holding : 87.45%
Post Issue Share Holding : 71.63%
Yash Optics & Lens Limited IPO - Issue Objectives
Funding of Capital expenditure for setting up a manufacturing unit for backward integration
Purchase of Plant and Machinery at existing manufacturing unit
Repayment/ prepayment of certain borrowings availed by the company
Funding Working Capital Requirements of the company
General corporate purposes.
Yash Optics & Lens Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Yash Optics & Lens Limited | 4.55 | 4.55 | 10.79 | N/A | 42.2 | 7.51 | Standalone |
| Gkb Ophthalmics Ltd. | -5.72 | -5.72 | 5.46 | -16.58 | -10.47 | 17.31 | Standalone |
Notes:
- The P/E Ratio has been computed based on their respective closing market price on January 29, 2024, divided by the Basic EPS as on March 31, 2023.
Contact Details
Yash Optics & Lens Limited
1st, Floor, Unit 70A, Kandiwali Industrial Estate, Charkop, Kandivali West, Mumbai-400067
+ 91 9903231000
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Yash Optics & Lens Limited IPO - FAQs
Ans. Yash Optics & Lens Limited IPO is a SME IPO. The issue is priced at ₹75-81 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 27, 2024, and closes on Apr 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Yash Optics & Lens Limited IPO opens on Mar 27, 2024 and closes on Apr 3, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Yash Optics & Lens Limited IPO is 6,561,600 shares(aggregating up to ₹53.15 Cr).
Ans. The Yash Optics & Lens Limited IPO price band is set between ₹75-81 per equity share.
Ans. To apply for Yash Optics & Lens Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Yash Optics & Lens Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Yash Optics & Lens Limited IPO is Apr 4, 2024.
Ans. The Yash Optics & Lens Limited IPO will be listed on Apr 8, 2024.
Ans. Follow the steps to check the Yash Optics & Lens Limited IPO allotment status online.
