TAC Infosec Limited IPO
- IPO Date27 Mar, 2024 to 02 Apr, 2024
- Listing Date05 Apr, 2024
- Face Value₹10 per share
- Issue Price₹100 to ₹106 per share
- Lot Size1200 Shares
- Minimum Investment₹1,27,200
- Listing AtNSE SME
- Total Issue Size28,29,600 Shares
(aggregating up to ₹29.99 Cr) - Fresh Issue28,29,600 Shares
(aggregating up to ₹29.99 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue76,50,000
- Shareholding post issue1,04,79,600
IPO Dates
Closing Date
02 Apr, 2024
Initiation of Refunds
04 Apr, 2024
Listing Date
05 Apr, 2024
27 Mar, 2024
Opening Date
03 Apr, 2024
Basis of Allotment
04 Apr, 2024
Credit of Shares
TAC Infosec Limited Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,27,200 |
| Retail (Max) | 1 | 1200 | ₹1,27,200 |
| HNI (Min) | 2 | 2400 | ₹2,54,400 |
TAC Infosec Limited Promoter Holding
The promoters of the company are Mr. Trishneet Arora and Mr. Charanjit Singh.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 78% | 56.94% |
TAC Infosec Limited COMPANY INFORMATION
TAC Infosec IPO is a book built issue of Rs 29.99 crores. The issue is entirely a fresh issue of 28.3 lakh shares. TAC Infosec IPO opens for subscription on March 27, 2024 and closes on April 2, 2024. The allotment for the TAC Infosec IPO is expected to be finalized on Wednesday, April 3, 2024. TAC Infosec IPO will list on NSE SME with tentative listing date fixed as Friday, April 5, 2024. TAC Infosec IPO price band is set at ₹100 to ₹106 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹127,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹254,400. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the TAC Infosec IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for TAC Infosec IPO is Spread X Securities. Refer to TAC Infosec IPO RHP for detailed information.
TAC Infosec Limited was founded in 2016 and offers risk-based solutions for vulnerability management and assessment, cyber security quantification and penetration testing in a SaaS model.
The company's clients include banks and financial institutions, government regulators and departments, large enterprises (including corporate offices) such as HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited and NSDL e-Governance.
As of September 30, 2023, the company had 56 employees, 33 of whom worked in operations and product development
FAQs About Tac Infosec Limited Ipo
TAC Infosec Limited IPO will open on 27 Mar, 2024 and close on 02 Apr, 2024. Investors must apply within this period to participate.
The TAC Infosec Limited IPO price band is set between ₹100.00 and ₹106.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹127200.00.
The TAC Infosec Limited IPO shares are expected to be listed on 05 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your TAC Infosec Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The TAC Infosec Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.