TAC Infosec Limited IPO GMP Review: The IPO, which is going to open from March 27, is a book-built issue IPO with a total size of 29.99 crores. The company is issuing fresh 28.3 lakh shares through this IPO. Investors can apply for this IPO from 27 March to 2 April 2024. You will get to see this IPO listed on the SME, NSE exchange on Friday, April 5. Let’s know the full details of this IPO.
TAC Infosec Limited IPO Details
IPO Name
TAC Infosec Limited
IPO Start Date
27 March2024
IPO End Date
2 April 2024
Price Band
100-106 Per Share
Lot Size
1200 Shares
Face Value
10 Rs Per Share
Total Issue Size
2,829,600 Shares
Fresh Issue Shares
2,829,600 Shares
Shares Allotment Date
Wednesday, 3 April 2024
Refund Date
Thursday, 4 April 2024
Demat Transfer
Thursday, 4 April 2024
Listing Date
Friday, 5 April 2024
UPI Cut Off Time
5 pm 2 April 2024
Listing Exchange Name
SME, NSE
TAC Infosec Limited IPOCategory Wise Lot Size
Category
Lots
Shares
Total Amount
Retail (Min.)
1
1200
127,200
Retail (Max.)
1
1200
127,200
HNI (Min.)
2
2,400
254,400
TAC Infosec Limited IPOCompanyInformation
The company is promoted by Trishneet Arora and Charanjit Singh. Founded in 2016, the company offers risk-based solutions that are used in cybersecurity quantification and penetration testing. The clients of this company include financial institutions, government regulators and departments, large enterprises including corporate offices like HDFC, Bandhan Bank, BSE etc.
With the money received from the IPO, this company will invest in human resources and product development.
TAC Infosec LimitedCompanyFinancial Information
Period
30 September 2023
31 March 2023
31 March 2022
31 March 2021
Earnings
531.10 Lakh
1,014.28 Lakh
523.63 Lakh
516.49 Lakh
Profit After Tax
194.85 Lakh
507.29 Lakh
60.75 Lakh
61.13 Lakh
Net Worth
962.90 Lakh
768.05 Lakh
260.75 Lakh
200 Lakh
Assets
1,213.02 Lakh
977.65 Lakh
496.45 Lakh
404 Lakh
Loans
27.68 Lakh
35.93 Lakh
89.06 Lakh
22.29 Lakh
The ROE of TAC Infosec Limited company is 22.51% and ROCE is 22.75%.
This IPO is going to open from 27th March 2024 and its GMP and demand will be known once the IPO opens. The financial condition of the company is good and the company is also making profits. If this IPO sustains manifold subscriptions and GMP above 50%, then this IPO will be considered good for investment.
NOTE: The information related to the IPO is for educational purposes only. Consider with your financial advisor before investing in an IPO.
