ISSUE OPEN
Yash Optics & Lens Ltd.
Min Investment
₹129600
Subscribed Times
11x
Issues size
₹53 Crores
Price Range
₹75 - ₹81
Open on
27 Mar'24
Close on
03 Apr'24

Application Details

Lot Size
1600
Issue Size
₹53 Crores
Issue Type
Book Building

IPO Timeline

27
Mar'24
Issue Open
03
Apr'24
Issue Close
04
Apr'24
Finalization of Basis of Allotment
05
Apr'24
Initiation of refund
05
Apr'24
Transfer of shares to Demat Account
08
Apr'24
Listing Date

Shares Offered

Qualified Inst. Buyers
50.00
Non Inst. Buyers
15.00
Retails Ind. Buyers
35.00

Subscription Status 

(as of 03 Apr 2024)
Overall Status11.01x
Qualified Inst. Buyers
4.13x
Non Inst. Buyers
10.91x
Retails Ind. Buyers
14.63x

Objects of the offer

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 our Company
4. Funding Working Capital Requirements of our Company
5. General corporate purposes

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
GKB Ophthalmics Ltd.75.47-0.17-0.33-344.45
Gujarat Meditech Ltd.0.75000
Kretto Syscon Ltd.00.190.0180

 IPOs in the News

JNK India IPO: Here's what GMP, subscription status signals ahead of list
JNK India initial public offering (IPO) received a steady response from investors in all three categories in its three days of bidding. The allotment of JNK India was finalised on Friday, April 26. JNK India Ltd is all set to make its debut on both stock exchanges BSE and NSE on Tuesday, April 30. On the third day of subscription, the JNK India IPO witnessed considerable enthusiasm.
28 Apr 2024 | 05:19 PM
Upcoming IPOs: New issues and listings scheduled for this week
The mainboard segment of the primary market will again take a breather after the launch of JNK India IPO last week as new public issue is scheduled to open in the coming week. Nevertheless, investors' focus will remain on four small and medium enterprise (SME) issues and 4 listings scheduled for this week. Last week, JNK India's public offering garnered robust subscription exceeding 28 times.
28 Apr 2024 | 10:19 AM
Ahead of Market:Things that will decide stock action on Monday
📌The pan-European STOXX 600 index closed 1.2% higher, notching up a weekly gain of 1.8%, its biggest since late January. 📌Nifty ended 150 points lower on Friday to form a dark cloud cover candlestick on the daily chart 📌Momentum indicator MACD showed bullish trade on the counters of HUDCO, Westlife Foodworld, Tech Mahindra, DCM Shriram, Lemon Tree Hotels, and Bank of Maharashtra among others.
28 Apr 2024 | 03:54 PM
Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India
Index staged a decent recovery from the lower band of the rising channel coincided with a 100-day ema amid oversold readings. Going ahead, we expect Bank Nifty to resolve higher and challenge the all-time high of 49,000. The Bank Nifty/Nifty 50 relative performance ratio chart indicates strong outperformance from Bank Nifty over the next 3–4 months.
28 Apr 2024 | 11:34 AM
MFs plan to oppose Embassy REIT's proposal to raise  ₹3,000 crore
Two mutual funds and an alternate investment fund, that are unitholders of Embassy Office Parks REIT (Real Estate Investment Trust), will vote against its resolution to raise ₹3,000 crore to acquire a business park in Chennai with an enterprise value of ₹1,269 crore on Monday.The grounds for opposition are that the proposed fund raise will be higher than the acquisition cost.
28 Apr 2024 | 06:48 PM

Guide to IPO Investment

Company Contact Info

1st, Floor, Unit 70A,
1st, Floor, Unit 70A,Kandiwali Industrial Estate,Charkop, Kandivali West,Mumbai,Maharashtra-400067
Phone : 9903231000

Book Running Managers

Shreni Shares Ltd.

Registrar & Transfer Agent

Bigshare Services Private Limited.
S6-2, 6th Floor, Pinnacle Business Park,Mahakali Caves Road, Next to Ahura Centre,Andheri East,Mumbai,Maharashtra-400093
Phone : 62638200
Fax :/

Offer Related Information

Initial public offering of up to 6561600 equity shares of face value of Rs.10.00 each (Equity Shares) of Yash Optics & Lens Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.81.00 per equity share (including a premium of Rs.71.00 per equity share) ("Offer Price")
aggregating up to Rs.531489600 crores.
Offer Price: Rs.81.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 1600 equity shares and in multiples of 1600 equity shares thereafter
Single-click UPI-based IPO application
I wish to talk in South Indian language
By proceeding you’re agreeing to our T&C