
Yash Optics & Lens Limited IPO
Yash Optics & Lens Ltd. are the leading manufacturer of digital free form progressives, offering a wide array of vision correction solutions catering to the needs of one and all. Enhancing customization possibilities like reading from a distance, driving at night, reducing eye strain caused by digital devices, and much more.
They are India’s leading RX laboratory headquartered in Mumbai, India. It has carved its position over the last decades as a partner in progress for opticians in India and globally. Yash Optics & Lens IPO is a book built issue of Rs 53.15 crores. The issue is entirely a fresh issue of 65.62 lakh shares.Yash Optics & Lens IPO price band is set at ₹75 to ₹81 per share. The minimum lot size for an application is 1600 Shares. Shreni Shares Limited is the book running lead manager of the Yash Optics & Lens IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Yash Optics & Lens IPO is Rikhav Securities.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Yash Optics & Lens Limited IPO
GMP Date | IPO Price | GMP | Last Updated |
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**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Yash Optics & Lens Limited IPO Details
Detail | Description |
---|---|
IPO Date | March 27, 2024 to April 3, 2024 |
Listing Date | April 8, 2024 |
Face Value | ₹10 per share |
Price Band | ₹75 to ₹81 per share |
Lot Size | 1600 Shares |
Total Issue Size | 6,561,600 shares (aggregating up to ₹53.15 Cr) |
Fresh Issue | 6,561,600 shares (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 |
Market Maker portion | 331,200 shares |
Yash Optics & Lens Limited IPO Timeline
Detail | Description |
---|---|
IPO Open Date | Wednesday, March 27, 2024 |
IPO Close Date | Wednesday, April 3, 2024 |
Basis of Allotment | Thursday, April 4, 2024 |
Initiation of Refunds | Friday, April 5, 2024 |
Credit of Shares to Demat | Friday, April 5, 2024 |
Listing Date | Monday, April 8, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2024 |
Yash Optics & Lens Limited IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹129,600 |
Retail (Max) | 1 | 1600 | ₹129,600 |
HNI (Min) | 2 | 3,200 | ₹259,200 |
Yash Optics & Lens Limited IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
Shareholding Pre Issue | 97.45% |
Shareholding Post Issue | 71.63% |
Competitive Strength:
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Yash Optics & Lens Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
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30 Sep 2023 | 5,412.63 | 1,869.16 | 422.52 | 2,334.01 | 2,452.69 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 3,414.26 | 3,980.39 | 806.58 | 1,911.50 | 1,085.63 | |||||||||||||||||||||||||||||||||||
31 Mar 2022 | 2,444.86 | 2,986.04 | 681.67 | 1,104.92 | 402.36 | |||||||||||||||||||||||||||||||||||
31 Mar 2021 | 1,215.25 | 1,498.24 | 106.31 | 426.61 | 585.00 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 18.10 |
ROCE | 10.38 |
Debt/Equity | 1.05 |
RoNW | 18.09% |
P/BV | 6.15 |
PAT Margin (%) | 22.62 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 4.43 | 3.41 |
P/E (x) | 18.28 | 23.74 |
Objectives of Yash Optics & Lens Limited IPO
The company intends to utilize the proceeds of the Issue to meet the following 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 review
The company is in the highly competitive and fragmented segment of correcting eye vision solutions and related products. It marked growth in its top and bottom lines for the reported periods, but the sudden boost in pre-IPO years raise eyebrows. Based on FY24 annualized earnings, the issue appears fully priced discounting all near term positives. Well-informed investors may park funds for the medium to long term rewards.
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Frequently asked Questions (FAQs )
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Why Yash Optics & Lens IPO?
The initial public offer (IPO) of Yash Optics & Lens Limited offers an early investment opportunity in Yash Optics & Lens Limited. A stock market investor can buy Yash Optics & Lens IPO shares by applying in IPO before Yash Optics & Lens Limited shares get listed at the stock exchanges. An investor could invest in Yash Optics & Lens IPO for short term listing gain or a long term.
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Yash Optics & Lens IPO what should investors do?
Yash Optics & Lens IPO offers an opportunity to buy IPO shares before they get listed at the stock exchanges.
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Is Yash Optics & Lens IPO worth Investing?
As per the analysis by our lead analyst Mr. Dilip Davda, we suggest you to subscribe for long term to the Yash Optics & Lens IPO.
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When will Yash Optics & Lens IPO allotment status?
The Yash Optics & Lens IPO allotment status will be available on or around April 4, 2024. The allotted shares will be credited in demat account by April 5, 2024.