TAC Infosec IPO Details ( TAC Infosec Limited IPO Review )
(27 Mar 2024 – 2 Apr 2024)
TAC Infosec Limited was founded in 2016 and offers risk-based solutions for vulnerability management and assessment, cyber security quantification and penetration testing in a SaaS model.
The company’s clients include banks and financial institutions, government regulators and departments, large enterprises (including corporate offices) such as HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited and NSDL e-Governance.
As of September 30, 2023, the company had 56 employees, 33 of whom worked in operations and product development
TAC Infosec Limited IPO Competitive Strength
- Founder led company supported by a highly experienced and professional leadership team
- Niche Brand Building
- Easy to Use and High-Quality Solutions
- Consistent Growth and Profitability
TAC Infosec IPO Financials Performance ( Results )
TAC Infosec Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 404.00 | 516.49 | 61.13 | 200.00 | 155.00 | 22.29 |
| 31-Mar-22 | 496.45 | 523.63 | 60.75 | 260.75 | 215.75 | 89.06 |
| 31-Mar-23 | 977.65 | 1,014.28 | 507.29 | 768.05 | 723.05 | 35.93 |
| 30-Sep-23 | 1,213.02 | 531.10 | 194.85 | 962.90 | 917.90 | 27.68 |
Objective of TAC Infosec IPO Issue
- Acquisition of TAC Security Inc (Delaware, USA) and making it a Wholly Owned Subsidiary thereon,
- Investment in Human resources and Product Development, and
- General Corporate Purposes.
TAC Infosec IPO Basic Details
| IPO Date | Mar 27, 2024 to Apr 2, 2024 |
| Listing Date | Friday, April 5, 2024 |
| Face Value | ₹10 per share |
| Price | ₹100 to ₹106 per share |
| Lot Size | 1200 Shares |
| Issue Size | 2,829,600 shares of ₹10 (aggregating up to ₹29.99 Cr) |
| Fresh Issue | 2,829,600 shares of ₹10 (aggregating up to ₹29.99 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,650,000 |
| Share holding post issue | 10,479,600 |
| Company Promoters | Mr. Trishneet Arora and Mr. Charanjit Singh |
TAC Infosec IPO Reservation
| Anchor Investor Shares Offered | 28.50% of the Net Issue |
| Market Maker Shares Offered | 5.00% of the Net Issue |
| QIB Shares Offered | 19.00% of the Net Issue |
| NII (HNI) Shares Offered | 14.25% of the Net Issue |
| Retail Shares Offered | 33.25% of the Net Issue |
TAC Infosec IPO Timetable
TAC Infosec IPO will open on March 27, 2024 and close on April 2, 2024. You can join TAC Infosec IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 27 March 2024 (Wednesday) |
| Closing Date | 2 April 2024 (Tuesday) |
| Basis of Allotment | 3 April 2024 (Wednesday) |
| Initiation of Refunds | 4 April 2024 (Thursday) |
| Credit of Shares to Demat | 4 April 2024 (Thursday) |
| Listing Date | 5 April 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 2 April 2024 |
TAC Infosec IPO Lot Size
For retail investors in TAC Infosec IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹127,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹127,200.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹127,200 |
| Retail (Max) | 1 | 1200 | ₹127,200 |
| S-HNI (Min) | 2 | 2400 | ₹254,400 |
TAC Infosec IPO Promoter Holding
The company’s promoters include Mr. Trishneet Arora and Mr. Charanjit Singh.
| Pre Issue Share Holding | 78.00% |
| Post Issue Share Holding | 56.94% |
TAC Infosec Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 111.08 |
| Earning Per Share (EPS) | ₹6.63 per Equity Share |
| Net Asset Value (NAV) | ₹10.04 per Equity Share |
| P/E Ratio (P/E) (x) | 15.98 |
| Post P/E Ratio (P/E) (x) | 28.50 |
| Return on Net Worth (RoNW) (%) | 20.24 |
| Return on equity (ROE) (%) | 22.51 |
| Return on Capital Employed (ROCE) (%) | 22.75 |
| Price/Book Value Ratio | 8.42 |
TAC Infosec IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹113 | – | – |
| 4 April 2024 | ₹110 | – | – |
| 3 April 2024 | ₹108 | – | – |
TAC Infosec IPO Detail Video:
link
TAC Infosec IPO Subscription Status (Bidding Detail)
The TAC Infosec IPO on April 2, 2024 at 7:00:00 PM was subscribed 422.03 times, with the retail category being subscribed 433.80 times, the NII (Non-Institutional Investor) category being subscribed 768.89 times, QIB (Qualified-Institutional Buyers) category being subscribed 141.29 times.
| Category | Subscription |
| QIB | 141.29x |
| NII | 768.89x |
| Retail | 433.80x |
| Total | 422.03x |
TAC Infosec IPO Prospectus
| TAC Infosec IPO DRHP | Download |
| TAC Infosec IPO RHP | Download |
| TAC Infosec IPO Anchor Investors Details PDF | Download |
TAC Infosec IPO Rating
| Our Rating | 4.0/5.0 |
TAC Infosec Company Contact Information
TAC Infosec Limited
Registered Office: 8th Floor, Plot No. C-203, Industrial Focal Point, Phase 8B, Balongi, Rupnagar, S.A.S.Nagar, Mohali – 160055, Punjab, India
Corporate Office: 91 Springboard, Kagalwala House, 01st Floor, C Block, 175, CST Road, Kalina, Santacruz East, Mumbai, Maharashtra, India, 400098
Website: www.tacsecurity.com
E-Mail: company.secretary@tacsecurity.com
Telephone No: +91 9988850821
Company Secretary and Compliance Officer: Ms. Sharon Arora
Promoters of Our Company: Mr. Trishneet Arora and Mr. Charanjit Singh
TAC Infosec IPO Registrar
Skyline Financial Services Private Limited
SEBI Registration Number: INR000003241
Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I,New Delhi – 110020, India.
Tel. Number: 011-40450193-197
Fax: 011-26812683
Email Id: Ipo@skylinerta.com
Investors Grievance Id: grievances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Anuj Rana
CIN: U74899DL1995PTC071324
TAC Infosec IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej,
Ahmedabad- 380054, Gujarat, India.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
TAC Infosec IPO FAQs
What is the lot size of TAC Infosec IPO?
The total size of TAC Infosec IPO is ₹29.99 crores and this is a complete fresh Issue.
When will TAC Infosec IPO start?
TAC Infosec IPO will open from March 2024 and IPO will close on March 2024.
What is the open date of TAC Infosec IPO?
TAC Infosec IPO will open date from 27 March 2024.
What is the last date ( close date ) of TAC Infosec IPO?
TAC Infosec IPO will close from 2 April 2024.
What is the price band of TAC Infosec IPO?
TAC Infosec IPO price band is ₹100 to ₹106. ( Upper Price Band: ₹106, Lower Price Band: ₹100 )
What is the minimum amount required to apply for TAC Infosec IPO?
The minimum investment for retailers to apply for TAC Infosec IPO is ₹127,200 and the maximum investment is ₹127,200.
What is going on gray market premium of TAC Infosec IPO?
View gray market premium of TAC Infosec IPO by Clicking Here
How much is the GMP of TAC Infosec IPO?
Watch TAC Infosec IPO GMP Today: Click Here
What is the allotment date of TAC Infosec IPO?
The allotment date of TAC Infosec IPO is 3 April 2024.
How to check allotment status in TAC Infosec IPO?
To check the allotment status of TAC Infosec IPO, first of all go to the registrar website by clicking here, select your bad TAC Infosec IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of TAC Infosec IPO?
The listing date of TAC Infosec IPO is 5 April 2024.
How much will be the listing gain in TAC Infosec IPO?
View listing gain of TAC Infosec IPO by Clicking Here
How much time TAC Infosec IPO is subscribed?
Total 422.03 times subscribed in TAC Infosec IPO out of which 433.80 times subscription was done in retail quota, 768.89 times subscription in NII quota and 141.29 times subscription in QIB quota.
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