TAC Infosec Limited IPO is an NSE SME IPO. They are going to raise ₹29.99 Crores via IPO. The issue is priced at ₹100 to ₹106 per equity share. The IPO is to be listed on NSE.
TAC Infosec Limited IPO opens for subscription on March 27, 2024, and closes on April 02, 2024. The allotment for the TAC Infosec Limited IPO is expected to be finalized on April 03, 2024. TAC Infosec Limited IPO will list on NSE SME with tentative listing date fixed as April 05, 2024.
| IPO Details | allotment |
| Minimum Investment ₹127,200 /1 Lot (1200 shares) | Price Range ₹100-₹106 | |
| Max Quantity 1 Lots/1200 Shares | Max Investment ₹127,200 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 29.99 Cr | Employee Discount ₹0 |
| Total Issue Size 2,829,600 Shares (aggregating up to ₹29.99 Cr) | Share Holding Pree Issue 6,750,000 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 2,829,600 Shares (aggregating up to ₹29.99 Cr) | Share Holding Post Issue 10,479,600 | Listing At NSE SME |
| Market Maker Portion 141,600 Shares (Spread X Securities) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 27 March 2024 |
| Offer Ends | 02 April 2024 |
| Allotment | 03 April 2024 |
| Refunds | 04 April 2024 |
| Credit of shares to Demat account | 04 April 2024 |
| IPO Listing | 05 April 2024 |
About TAC Infosec Limited
TAC Infosec Limited was founded in 2016
TAC Infosec is engaged in the business of providing risk-based vulnerability management and assessment solutions, cybersecurity quantification, and services of Penetration testing to organizations of any scale, size, and business through the “SaaS model”. The company offers security software products and solutions both in India and internationally. Their end customers are Banks and Financial Institutions, government regulatory bodies and departments, large-scale enterprises (including business 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.
| founded in | Managing Director |
| 2016 | Mr. |
Share Holding
The promoters of the company are Mr. Trishneet Arora and Mr. Charanjit Singh.
| Share Holding Pre-Issue | 78.00% |
| Share Holding Post-Issue | 56.94% |
TAC Infosec Limited IPO Prospectus
| TAC Infosec Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹1,014.28 | ₹523.63 | ₹516.49 |
| Assets | ₹977.65 | ₹496.45 | ₹404.00 |
| Profit | ₹507.29 | ₹60.75 | ₹61.13 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 111.08 Cr | ROE | 22.51% |
| P/E (X) | 15.98 | ROCE | 22.75% |
| POST P/E (X) | 28.5 | EPS | 6.63 |
| Debt to Equity | RONW | 20.24% |
Objects of the Issue
The Objects of the company is to raise funds for:
- 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.
Brokerage Firm IPO Review
- To be updated soon
| TAC Infosec Limited Contact Details | |
| Address | TAC Infosec Limited 8th Floor, Plot No. C-203, Industrial Focal Point, Phase 8B, Balongi, Rupnagar, S.A.S.Nagar, Mohali – 160055 |
| Phone: | +91 9988850821 |
| company.secretary@tacsecurity.com | |
| Website | http://www.tacsecurity.com/ |
| TAC Infosec Limited IPO Registrar | |
| . | Skyline Financial Services Private Ltd |
| Phone | 02228511022 |
| ipo@skylinerta.com | |
| Website | https://www.skylinerta.com/ipo.php |
| TAC Infosec Limited IPO Allotment Status Check |
| TAC Infosec Limited IPO Allotment Status Check Click Here |
| TAC Infosec Limited Lead Managers | |
| Beeline Capital Advisors Pvt Ltd B/1311-1314, Shilp Corporate Near Rajpath Club, Rajpath Rangoli Road, Sarkhej – Gandhinagar Hwy, Ahmedabad, Gujarat – 380054 | |
| Phone | 079 4840 7357 |
| mb@beelinemb.com | |
| Website | https://beelinemb.com/ |
TAC Infosec Limited IPO FAQs
What is TAC Infosec Limited IPO?
- TAC Infosec Limited IPO is an NSE SME IPO. They are going to raise ₹29.99 Crores via IPO. The issue is priced at ₹100 to ₹106 per equity share. The IPO is to be listed on NSE.
- The IPO opens on March 27, 2024, and closes on April 02, 2024.
When TAC Infosec Limited IPO will open?
- The IPO is to open on March 27, 2024, for QIB, NII, and Retail Investors. and closes on April 02, 2024
What is TAC Infosec Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is TAC Infosec Limited IPO Size?
- TAC Infosec Limited IPO size is ₹28.99 crores.
What is TAC Infosec Limited IPO Price Band?
- TAC Infosec Limited IPO Price Band is ₹100 to ₹106 per equity share.
What is TAC Infosec Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1200 Shares) with ₹127,200. and Maximum Lot Size 1 Lots (1200 Shares) with ₹127,200
What is TAC Infosec Limited IPO Allotment Date?
- TAC Infosec Limited IPO allotment date is April 03, 2024.
What is TAC Infosec Limited IPO Listing Date?
- TAC Infosec Limited IPO listing date is April 05, 2024. The IPO to list on NSE.