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 Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
31-Mar-21 | 1,215.25 | 1,498.24 | 106.31 | 426.61 | 425.61 | 585.00 |
31-Mar-22 | 2,444.86 | 2,986.04 | 681.67 | 1,104.92 | 1,103.92 | 402.36 |
31-Mar-23 | 3,414.26 | 3,980.39 | 806.58 | 1,911.50 | 1,910.50 | 1,085.63 |
30-Sep-23 | 5,412.63 | 1,869.16 | 422.52 | 2,334.01 | 2,333.01 | 2,452.69 |
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 Date | Mar 27, 2024 to Apr 3, 2024 |
Listing Date | Monday, April 8, 2024 |
Face Value | ₹10 per share |
Price | ₹75 to ₹81 per share |
Lot Size | 1600 Shares |
Issue Size | 6,561,600 shares of ₹10 (aggregating up to ₹53.15 Cr) |
Fresh Issue | 6,561,600 shares of ₹10 (aggregating up to ₹53.15 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 18,204,000 |
Share holding post issue | 24,765,600 |
Company Promoters | Mr. Tarun Manharlal Doshi, Mr. Dharmendra M Doshi, and Mr. Chirag Manharlal Doshi |
Yash Optics IPO Reservation
Anchor Investor Shares Offered | 25.94% of the Net Issue |
Market Maker Shares Offered | 5.05% of the Net Issue |
QIB Shares Offered | 17.75% of the Net Issue |
NII (HNI) Shares Offered | 16.92% of the Net Issue |
Retail Shares Offered | 34.33% of the Net Issue |
Total Shares Offered | 100.00% 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.
Event | Date |
Opening Date | 27 March 2024 (Wednesday) |
Closing Date | 3 April 2024 (Wednesday) |
Basis of Allotment | 4 April 2024 (Thursday) |
Initiation of Refunds | 5 April 2024 (Friday) |
Credit of Shares to Demat | 5 April 2024 (Friday) |
Listing Date | 8 April 2024 (Monday) |
Deadline for UPI mandate confirmation | 5 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.
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1600 | ₹129,600 |
Retail (Max) | 1 | 1600 | ₹129,600 |
S-HNI (Min) | 2 | 3200 | ₹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 Holding | 97.45% |
Post Issue Share Holding | 71.63% |
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.
KPI | Values |
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 Ratio | 1.05 |
Price/Book Value Ratio | 6.15 |
Yash Optics & Lens IPO GMP Live Update, Kostak Rate day by day
Date | GMP | Kostak | Subject 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.
Category | Subscription |
QIB | 19.88x |
NII | 85.27x |
Retail | 32.46x |
Total | 42.17x |
Yash Optics & Lens IPO Prospectus
Yash Optics & Lens IPO DRHP | Download |
Yash Optics & Lens IPO RHP | Download |
Yash Optics & Lens IPO Anchor Investors Details PDF | Download |
Yash Optics & Lens IPO Rating
Our Rating | 3.0/5.0 |
Yash Optics & Lens Company Contact Information
Yash Optics & Lens Limited
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?
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How to apply for Yash Optics PO from Zerodha?
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