Yash Optics And Lens
Yash Optics And Lens Info
Details about the Yash Optics And Lens IPO. Opening Date of Yash Optics And Lens is 27 Mar 24 and Closing Date is 03 Apr 24 . Face Value of Each share of Yash Optics And Lens is ₹10 per share. Price band of Yash Optics And Lens is ₹75 to ₹81. The Lot size of Yash Optics And Lens is 1,600 shares. Total issue size of Yash Optics And Lens IPO is ₹53.15 cr. Fresh Issue of Yash Optics And Lens IPO is 53.15 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Yash Optics And Lens is 18,204,000. Share Holding Post Issue of Yash Optics And Lens is 24,765,600.
Business Summary
Yash Optics And Lens is Established in the year 2010
Initially Company was engaged in trading and distribution of spectacle and optical lenses which were sourced from Indian importers and traded in Mumbai.
Over the years, They have increased the product portfolio with brands like Seto, IRIS etc. and expanded the network & distribution channel in Maharashtra, Gujarat and Rajasthan.
Under the trading space, company sources the spectacle/optical lenses and market the same under its own brands for further sale through distributors and own retail channels.
Company is primarily engaged in the business of manufacturing, trading, distribution and supplying of comprehensive range of spectacle/optical lenses
company manufacture the lenses based on order and prescription received from the customers.
Yash Optics And Lens IPO Details
| Open Date | 27 Mar 24 |
|---|---|
| Close Date | 03 Apr 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹75 - ₹81 |
| Lot Size | 1,600 Shares |
| Total issue Size | 6,561,600 Shares ₹53.15 cr |
| Fresh Issue | 6,561,600 Shares ₹53.15 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 18,204,000 |
| Share Holding Post Issue | 24,765,600 |
| Market Maker | Rikhav Securities |
| Market Maker Portion | 331,200 Shares |
| RHP , DHRP | View RHP, View DRHP |
Yash Optics And Lens IPO Timeline
The Yash Optics And Lens Initial Public Offering (IPO) is set to open on 27 Mar 24 and will end its subscription phase on 03 Apr 24. You can check your allotment status for Yash Optics And Lens on 04 Apr 24. The refund process for your funds will start promptly on 05 Apr 24. Yash Optics And Lens IPO credit of shares will be on 05 Apr 24. The listing date for Yash Optics And Lens is on 08 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Yash Optics And Lens IPO Reservation
The Yash Optics And Lens IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not Less than 15% of the Net Issue will be available for NII, Not Less than 35% of the Net Issue will be available for Retail,
331,200 Shares will be reserved for subscription by Rikhav Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not Less than 15% of the Net Issue |
| Retail | Not Less than 35% of the Net Issue |
Yash Optics And Lens IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 129,600 |
| Retail (Max) | 1 | 1,600 | 129,600 |
| HNI (Min) | 2 | 3,200 | 259,200 |
Yash Optics And Lens IPO Promoters Holding
Promoters holding details for Yash Optics And Lens in the current issue is as follows: The share holding of promoters before the issue stands at 97.45%, and after the issue, it has been adjusted to 71.63%.
Promoters of Yash Optics And Lens are Mr. Tarun Manharlal Doshi, Mr. Dharmendra M Doshi, Mr. Chirag Manharlal Doshi,
| Share Holding Pre Issue | 97.45% |
|---|---|
| Share Holding Post Issue | 71.63% |
Yash Optics And Lens Financial Information
Financial performance details for Yash Optics And Lens over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| 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 |
Yash Optics And Lens IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Yash Optics And Lens are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 18.28 |
| ROCE | 10.38% |
| ROE | 18.10% |
| RoNW | 18.09% |
| EPS (Rs) | 4.43 |
Object of the Issue
- • 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
Contact Details for Yash Optics And Lens
Phone
Office
1st, Floor, Unit 70A, Kandiwali Industrial Estate, Charkop, Kandivali West, Mumbai-400067
Registrar Details for Yash Optics And Lens
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Shreni Shares Limited