Yash Optics & Lens Limited IPO is an NSE SME IPO. They are going to raise ₹53.15 Crores via IPO. The issue is priced at ₹75 to ₹81 per equity share. The IPO is to be listed on NSE.
Yash Optics & Lens Limited IPO opens for subscription on March 27, 2024, and closes on April 03, 2024. The allotment for the Yash Optics & Lens Limited IPO is expected to be finalized on April 04, 2024. Yash Optics & Lens Limited IPO will list on NSE SME with tentative listing date fixed as April 08, 2024.
| IPO Details | allotment |
| Minimum Investment ₹129,600 /1 Lot (1600 shares) | Price Range ₹75-₹81 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹129,600 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 53.15 Cr | Employee Discount ₹0 |
| Total Issue Size 6,561,600 Shares (aggregating up to ₹53.15 Cr) | Share Holding Pree Issue 18,204,000 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 6,561,600 Shares (aggregating up to ₹53.15 Cr) | Share Holding Post Issue 24,765,600 | Listing At NSE SME |
| Market Maker Portion 131,200 Shares (Rikhav Securities) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 27 March 2024 |
| Offer Ends | 03 April 2024 |
| Allotment | 04 April 2024 |
| Refunds | 05 April 2024 |
| Credit of shares to Demat account | 05 April 2024 |
| IPO Listing | 08 April 2024 |
About Yash Optics & Lens Limited
Yash Optics & Lens Limited was founded in 2010 and offers a wide range of vision correction solutions.
Over the years, they have increased their product portfolio with brands like Seto, IRIS, etc., and expanded their network & distribution channel in Maharashtra, Gujarat, and Rajasthan. Under the trading space, the company sources the spectacle/optical lenses and markets the same under its brands for further sale through distributors and its retail channels.
Their manufacturing facility is situated at 71-C, Government Industrial Estate, Ganesh Nagar, Kandivali (West), Mumbai400067, India, and is well equipped with required facilities including machinery, and other handling equipment to facilitate smooth manufacturing process and easy logistics. They endeavor to maintain safety in their premises by adhering to key safety norms, established through their internal health and safety manual, accompanied by regular safety meetings. Their manufacturing facility is accredited with ISO 9001:2015 for quality management systems for the manufacturing, import, export, trading, stockiest, and supplier of ophthalmic lenses and ophthalmic products.
| founded in | Managing Director |
| 2010 | Mr. |
Share Holding
The promoters of the company are Mr. Tarun Manharlal Doshi, Mr. Dharmendra M Doshi, and Mr. Chirag Manharlal Doshi.
| Share Holding Pre-Issue | 97.45% |
| Share Holding Post-Issue | 71.63% |
Yash Optics & Lens Limited IPO Prospectus
| Yash Optics & Lens Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹3,980.39 | ₹2,986.04 | ₹1,498..24 |
| Assets | ₹3,414.26 | ₹2,444.86 | ₹1,215.25 |
| Profit | ₹806.58 | ₹681.67 | ₹106.31 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 200.6 Cr | ROE | 18.10% |
| P/E (X) | 18.28 | ROCE | 10.38% |
| POST P/E (X) | 23.74 | EPS | 4.43 |
| Debt to Equity | 1.05 | RONW | 18.09% |
Objects of the Issue
The Objects of the company is to raise funds for:
- 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
Brokerage Firm IPO Review
- To be updated soon
| Yash Optics & Lens Limited Contact Details | |
| Address | Yash Optics & Lens Limited 1st, Floor, Unit 70A, Kandiwali Industrial Estate, Charkop, Kandivali West, Mumbai-400067 |
| Phone: | 91 9903231000 |
| investors@yashopticsandlens.com | |
| Website | https://yashopticsandlens.com/ |
| Yash Optics & Lens Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Yash Optics & Lens Limited IPO Allotment Status Check |
| Yash Optics & Lens Limited IPO Allotment Status Check Click Here |
| Yash Optics & Lens Limited Lead Managers | |
| SHRENI SHARES PRIVATE LIMITED Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A, Survey No. A-12, Ram Nagar, Borivali (West), Mumb | |
| Phone | +91 22 2808456 |
| shrenishares@gmail.com | |
| Website | http://shreni.in/ |
Yash Optics & Lens Limited IPO FAQs
What is Yash Optics & Lens Limited IPO?
- Yash Optics & Lens Limited IPO is an NSE SME IPO. They are going to raise ₹53.15 Crores via IPO. The issue is priced at ₹75 to ₹81 per equity share. The IPO is to be listed on NSE.
- The IPO opens on March 27, 2024, and closes on April 03, 2024.
When Yash Optics & Lens Limited IPO will open?
- The IPO is to open on March 27, 2024, for QIB, NII, and Retail Investors. and closes on April 03, 2024
What is Yash Optics & Lens Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What isYash Optics & Lens Limited IPO Size?
- Yash Optics & Lens Limited IPO size is ₹53.15 crores.
What is Yash Optics & Lens Limited IPO Price Band?
- Yash Optics & Lens Limited IPO Price Band is ₹75 to ₹81 per equity share.
What is Yash Optics & Lens Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹129.600. and Maximum Lot Size 1 Lots (1600 Shares) with ₹129,600
What is Yash Optics & Lens Limited IPO Allotment Date?
- Yash Optics & Lens Limited IPO allotment date is April 04, 2024.
What is Yash Optics & Lens Limited IPO Listing Date?
- Yash Optics & Lens Limited IPO listing date is April 08, 2024. The IPO to list on NSE.