IPO

Yash Optics & Lens Limited IPO

NSE SME

Listed On: Apr 8, 2024 at ₹ 90.0

₹ 129600 /1600 Shares

Check Allotment

Yash Optics & Lens Limited IPO Details

27 Mar, 2024

Open Date

03 Apr, 2024

Close Date

05 Apr, 2024

Allotment Date

08 Apr, 2024

Listing Date

Issue Price

₹75-81 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

90.0

Listing Date

2024-04-08

Market Lot

1600 Shares (₹129,600/-)

Lead Manager

Shreni Shares Limited

Issue Size

6,561,600 shares(aggregating up to ₹53.15 Cr)

Retail Portion

35%

Subscription

42.00 times

IPO Docs

DRHP RHP

Yash Optics & Lens Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,164,800 / 1,110,4002,252,8004,528,000
Day 1 - 27-03-24 06:00 PM1.38 / 0.11 x0.41 x0.59 x
Day 2 - 28-03-24 06:00 PM1.70 / 0.20 x0.87 x0.92 x
Day 3 - 01-04-24 06:00 PM1.70 / 0.65 x1.77 x1.48 x
Day 4 - 02-04-24 06:00 PM1.70 / 3.29 x6.05 x4.26 x
Day 5 - 03-04-24 06:00 PM19.88 / 85.24 x32.11 x42.00 x
Total No. of Applications: 45,703 (Approx)

Yash Optics & Lens Limited Valuations

EPS Pre IPO

₹4.43/-

EPS Post IPO

₹3.41/-

P/E Pre IPO

18.28

P/E Post IPO

23.74

RoNW

18.09%

Yash Optics & Lens Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets3,414.262,444.861,215.25
Revenue3,980.392,986.041,498.24
Profit After Tax806.58681.67106.31

About The Company

Yash Optics & Lens Limited was founded in 2010 and offers a wide range of vision correction solutions.

The company is engaged in the manufacture, trading, distribution, and supply of spectacle lenses/optical lenses. The company offers single-vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressive lenses for professionals as well as a wide range of coatings.

HOYA Lens India Private Limited has appointed the company as the exclusive distributor for the sale, marketing and distribution of Pentax brand lenses in India.

The company's manufacturing facility is located in Kandivali (West), Mumbai. The company has an India-wide presence and distribution network for the domestic market.

As of December 31, 2023, the company employed over 106 people.

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Yash Optics & Lens Limited - Promoter(s)

Pre Issue Share Holding: 87.45%

Post Issue Share Holding: 71.63%

Company Promoter(s)

  1. Mr. Tarun Manharlal Doshi
  2. Mr. Dharmendra M Doshi
  3. Mr. Chirag Manharlal Doshi

Yash Optics & Lens Limited IPO - Issue Objectives

  1. Funding of Capital expenditure for setting up a manufacturing unit for backward integration
  2. Purchase of Plant and Machinery at existing manufacturing unit
  3. Repayment/ prepayment of certain borrowings availed by the company
  4. Funding Working Capital Requirements of the company
  5. General corporate purposes.

Yash Optics & Lens Limited IPO - FAQs

Ans. Yash Optics & Lens Limited IPO is a SME IPO. The issue is priced at ₹75-81 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 27, 2024, and closes on Apr 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Yash Optics & Lens Limited IPO opens on Mar 27, 2024 and closes on Apr 3, 2024.

Ans. The size of Yash Optics & Lens Limited IPO is 6,561,600 shares(aggregating up to ₹53.15 Cr).

Ans. The IPO price band is set between ₹75-81 per equity share.

Ans. To apply for Yash Optics & Lens Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Yash Optics & Lens Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Yash Optics & Lens Limited IPO is Apr 5, 2024.

Ans. The Yash Optics & Lens Limited IPO will be listed on Apr 8, 2024.

Ans. Follow the steps to check the allotment status for Yash Optics & Lens Limited IPO here.