The Yash Optics & Lens date has been confirmed from March 27, 2024, and closes on April 3, 2024. Read the post to learn about Yash Optics & Lens IPO GMP.
Yash Optics & Lens Developers IPO is rolling out with a fixed price offering of Rs 53.16 crores, offering shares priced between ₹75 to ₹81 each. Yash Optics & Lens IPO GMP Today is ₹15. To jump aboard, investors are looking at a minimum lot size of 1600 Shares, meaning retail investors need to fork out at least ₹129,600, while High Net Worth Individuals (HNIs) are expected to double that, hitting ₹259,200.
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Bidding Dates
Mar 27 – Apr 3
Price Range
₹75 to ₹81 per share
Face Value
₹10 per share
GMP
₹20
Yash Optics & Lens IPO GMP
The Yash Optics & Lens IPO GMP Today is ₹20.
IPO Overview
This IPO is bringing to the table a fresh batch of 65.63 lakh shares, up for grabs from March 27, 2024, to April 3, 2024. We’re aiming to wrap up the allocations by April 4, 2024, with our sights set on a listing date of April 8, 2024, over at NSE SME.
Yash Optics & Lens IPO Details
| IPO Date | March 27, 2024 to April 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹75 to ₹81 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 6,562,800 shares (aggregating up to ₹53.16 Cr) |
| Fresh Issue | 6,562,800 shares (aggregating up to ₹53.16 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,204,000 |
| Share holding post issue | 24,766,800 |
| Market Maker portion | 331,200 shares |
Yash Optics & Lens Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,412.63 | 3,414.26 | 2,444.86 | 1,215.25 |
| Revenue | 1,869.16 | 3,980.39 | 2,986.04 | 1,498.24 |
| Profit After Tax | 422.52 | 806.58 | 681.67 | 106.31 |
| Net Worth | 2,334.01 | 1,911.50 | 1,104.92 | 426.61 |
| Reserves and Surplus | 2,333.01 | 1,910.50 | 1,103.92 | 425.61 |
| Total Borrowing | 2,452.69 | 1,085.63 | 402.36 | 585.00 |
| Amount in ₹ Lakhs | ||||
Yash Optics & Lens IPO Timeline
| IPO Open Date | Wednesday, March 27, 2024 |
| IPO Close Date | Wednesday, April 3, 2024 |
| Basis of Allotment | Thursday, April 4, 2024 |
| Initiation of Refunds | Friday, April 5, 2024 |
| Credit of Shares to Demat | Friday, April 5, 2024 |
| Listing Date | Monday, April 8, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2024 |
Company Profile
Established back in 2010, Yash Optics & Lens Limited is carving its niche in the vision correction market, particularly focusing on the production, distribution, and supply of contact lenses. With their production plant situated in Mumbai’s Kandivali (West) and a distribution network extending across India, this company is making its mark. As of December 31, 2023, they’ve got a team of approximately 106 individuals driving their vision forward.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Yash Optics & Lens Limited |
| Phone number | + 91 9903231000 |
| Email ID | investors@yashopticsandlens.com |
| Website | yashopticsandlens.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
