Yash Optics IPO Details | GMP, Date, Price, Review

Yash Optics IPO , Yash Optics & Lens IPO

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Yash Optics IPO Details ( Yash Optics & Lens Limited IPO Review )

(27 Mar 2024 – 3 Apr 2024)

Yash Optics & Lens Limited started in 2010. They help people see better with different kinds of glasses.

They make, sell, and give out all kinds of glasses. They have simple ones and fancy ones too. They also make special glasses for experts. They even put special coatings on them.

Another company called HOYA Lens India Private Limited picked Yash Optics & Lens Limited to be the only ones who can sell “Pentax” brand glasses in India.

Yash Optics & Lens Limited’s factory is in Kandivali (West), Mumbai. They have people working all over India to sell their glasses.

By the end of 2023, they had more than 106 people working for them.

Yash Optics & Lens Limited IPO Competitive Strength

  • Wide range of products with ability to customize
  • In-house manufacturing facility with equipped machines and processes
  • Brand Equity
  • Customer Centric Business Model
  • Quality assurance
  • Experienced Promoters and management team
  • PAN India Presence / Customer base across geographies
  • No Dependency on single or few customers

Yash Optics IPO Financials Performance ( Results )

Yash Optics & Lens Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATNet WorthReservesBorrowing
31-Mar-211,215.251,498.24106.31426.61425.61585.00
31-Mar-222,444.862,986.04681.671,104.921,103.92402.36
31-Mar-233,414.263,980.39806.581,911.501,910.501,085.63
30-Sep-235,412.631,869.16422.522,334.012,333.012,452.69

Objective of Yash Optics IPO 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; and
  • General corporate purposes.

Yash Optics IPO Basic Details

IPO DateMar 27, 2024 to Apr 3, 2024
Listing DateMonday, April 8, 2024
Face Value₹10 per share
Price₹75 to ₹81 per share
Lot Size1600 Shares
Issue Size6,561,600 shares of ₹10
(aggregating up to ₹53.15 Cr)
Fresh Issue6,561,600 shares of ₹10
(aggregating up to ₹53.15 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue18,204,000
Share holding post issue24,765,600
Company PromotersMr. Tarun Manharlal Doshi,
Mr. Dharmendra M Doshi, and
Mr. Chirag Manharlal Doshi

Yash Optics IPO Reservation

Anchor Investor Shares Offered25.94% of the Net Issue
Market Maker Shares Offered5.05% of the Net Issue
QIB Shares Offered17.75% of the Net Issue
NII (HNI) Shares Offered16.92% of the Net Issue
Retail Shares Offered34.33% of the Net Issue
Total Shares Offered100.00% of the Net Issue

Yash Optics IPO Timetable

Yash Optics IPO will open on March 27, 2024 and close on April 3, 2024. You can join Yash Optics IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

EventDate
Opening Date27 March 2024 (Wednesday)
Closing Date3 April 2024 (Wednesday)
Basis of Allotment4 April 2024 (Thursday)
Initiation of Refunds5 April 2024 (Friday)
Credit of Shares to Demat5 April 2024 (Friday)
Listing Date8 April 2024 (Monday)
Deadline for UPI mandate confirmation5 PM on 3 April 2024

Yash Optics and Lens IPO Lot Size

For retail investors in Yash Optics and Lens IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹129,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹129,600.

ApplicationLotsSharesAmount
Retail (Min)11600₹129,600
Retail (Max)11600₹129,600
S-HNI (Min)23200₹259,200

Yash Optics and Lens IPO Promoter Holding

The company’s promoters include Mr. Tarun Manharlal Doshi, Mr. Dharmendra M Doshi, and Mr. Chirag Manharlal Doshi.

Pre Issue Share Holding97.45%
Post Issue Share Holding71.63%

Yash Optics & Lens Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPIValues
Market Cap (₹ Cr.)200.60
Earning Per Share (EPS)₹4.55 per Equity Share
Net Asset Value (NAV)₹10.79 per Equity Share
P/E Ratio (P/E) (x)18.28
Post P/E Ratio (P/E) (x)23.74
Return on Net Worth (RoNW) (%)18.09
Return on equity (ROE) (%)18.10
Return on Capital Employed (ROCE) (%)10.38
Debt/Equity Ratio1.05
Price/Book Value Ratio6.15

Yash Optics & Lens IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
Today₹12
5 April 2024₹12
4 April 2024₹15
3 April 2024₹18

Yash Optics & Lens IPO Detail Video:

link

Yash Optics & Lens IPO Subscription Status (Bidding Detail)

The Yash Optics & Lens IPO on April 3, 2024 at 6:21:58 PM was subscribed 42.17 times, with the retail category being subscribed 32.46 times, the NII (Non-Institutional Investor) category being subscribed 85.27 times, QIB (Qualified-Institutional Buyers) category being subscribed 19.88 times.

CategorySubscription
QIB19.88x
NII85.27x
Retail32.46x
Total42.17x

Yash Optics & Lens IPO Prospectus

Yash Optics & Lens IPO DRHPDownload
Yash Optics & Lens IPO RHPDownload
Yash Optics & Lens IPO Anchor Investors Details PDFDownload

Yash Optics & Lens  IPO Rating

Our Rating3.0/5.0

Yash Optics & Lens Company Contact Information

Yash Optics & Lens Limited

Yash Optics & Lens Limited IPO

Registered Office: 1st, Floor, Unit 70A, Kandiwali Industrial Estate, Charkop, Kandivali West, Mumbai-400067, Maharashtra India;
Tel: + 91 9903231000
E-mail: investors@yashopticsandlens.com
Website: www.yashopticsandlens.com
Contact Person: Mr. Gaurav Ramesh Khandelwal, Company Secretary and Compliance Officer
Our Promoters: Mr. Tarun Manharlal Doshi, Mr. Dharmendra M Doshi and Mr. Chirag Manharlal Doshi

Yash Optics & Lens IPO Registrar

Bigshare Services Private Limited

Registered Office: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali CavesRoad, Andheri East, Mumbai – 400 093, Maharashtra, India
Tel: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Investor grievance e-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Babu Rapheal C
SEBI Registration No.: INR000001385

Yash Optics & Lens IPO Lead Manager

Shreni Shares Limited (Formerly Known as Shreni Shares Private Limited)

Registered Office: No. 217, Hive 67 Icon, Poisar Gymkhana Road, Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall, Kandivali West, Mumbai – 400067, Maharashtra, India.
Telephone: 022 – 2089 7022
E-mail: shrenishares@gmail.com
Investors Grievance e-mail: info@shreni.in
Contact Person: Ms. Tanya Goyal
Website: www.shreni.in
SEBI Registration Number: INM000012759

Yash Optics & Lens IPO FAQs

What is the lot size of Yash Optics & Lens IPO?

The total size of Yash Optics & Lens IPO is ₹53.15 crores and this is a complete fresh Issue.

When will Yash Optics & Lens IPO start?

Yash Optics & Lens IPO will open from 27 March 2024 and IPO will close on 3 April 2024.

What is the open date of Yash Optics & Lens IPO?

Yash Optics & Lens IPO will open date from 27 March 2024.

What is the last date ( close date ) of Yash Optics & Lens IPO?

Yash Optics & Lens IPO will close from 3 April 2024.

What is the price band of Yas Optics IPO?

Yash Optics IPO price band is ₹75 to ₹81. ( Upper Price Band: ₹81, Lower Price Band: ₹75 )

What is the minimum amount required to apply for Yash Optics IPO?

The minimum investment for retailers to apply for Yash Optics IPO is ₹129,600 and the maximum investment is ₹129,600.

What is going on gray market premium of Yash Optics IPO?

View gray market premium of Yash Optics IPO by Clicking Here

How much is the GMP of Yash Optics IPO?

Watch Yash Optics IPO GMP Today: Click Here

What is the allotment date of Yash Optics IPO?

The allotment date of Yash Optics IPO is 4 April 2024.

How to check allotment status in Yash Optics IPO?

To check the allotment status of Yash Optics IPO, first of all go to the registrar website by clicking here, select your bad Yash Optics 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 Yash Optics IPO?

The listing date of Yash Optics IPO is 8 April 2024.

How much will be the listing gain in Yash Optics IPO?

View listing gain of Yash Optics IPO by Clicking Here

How much time Yash Optics IPO is subscribed?

Total 42.17 times subscribed in Yash Optics IPO out of which 32.46 times subscription was done in retail quota, 85.27 times subscription in NII quota and 19.88 times subscription in QIB quota.

How to apply for Yash Optics IPO from Upstox?

Click Here to see how to apply for Yash Optics IPO from Upstox. (step by step)

How to apply for Yash Optics PO from Zerodha?

Click Here to see how to apply for Yash Optics IPO from Zerodha. (step by step)

How to apply for Yash Optics IPO from Angle One?

Click Here to see how to apply for Yash Optics IPO from Angle One. (step by step)

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