Yash Optics & Lens Limited IPO
- IPO Date27 Mar, 2024 to 03 Apr, 2024
- Listing Date08 Apr, 2024
- Face Value₹10 per share
- Issue Price₹75 to ₹81 per share
- Lot Size1600 Shares
- Minimum Investment₹1,29,600
- Listing AtNSE SME
- Total Issue Size65,61,600 Shares
(aggregating up to ₹53.15 Cr) - Fresh Issue65,61,600 Shares
(aggregating up to ₹53.15 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,82,04,000
- Shareholding post issue2,47,65,600
IPO Dates
Closing Date
03 Apr, 2024
Initiation of Refunds
05 Apr, 2024
Listing Date
08 Apr, 2024
27 Mar, 2024
Opening Date
04 Apr, 2024
Basis of Allotment
05 Apr, 2024
Credit of Shares
Yash Optics & Lens Limited Lot Size
Investors can bid for a minimum of 1600 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 (Max) | 1 | 1600 | ₹1,29,600 |
| Retail (Min) | 1 | 1600 | ₹1,29,600 |
| HNI (Min) | 2 | 3200 | ₹2,59,200 |
Yash Optics & Lens Limited Promoter Holding
The promoters of the company are Mr. Tarun Manharlal Doshi, Mr. Dharmendra M Doshi, and Mr. Chirag Manharlal Doshi.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 97.45% | 71.63% |
Yash Optics & Lens Limited COMPANY INFORMATION
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 opens for subscription on March 27, 2024 and closes on April 3, 2024. The allotment for the Yash Optics & Lens IPO is expected to be finalized on Thursday, April 4, 2024. Yash Optics & Lens IPO will list on NSE SME with tentative listing date fixed as Monday, April 8, 2024. Yash Optics & Lens IPO price band is set at ₹75 to ₹81 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹129,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹259,200. 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. Refer to Yash Optics & Lens IPO RHP for detailed information.
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.
FAQs About Yash Optics Lens Limited Ipo
Yash Optics & Lens Limited IPO will open on 27 Mar, 2024 and close on 03 Apr, 2024. Investors must apply within this period to participate.
The Yash Optics & Lens Limited IPO price band is set between ₹75.00 and ₹81.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹129600.00.
The Yash Optics & Lens Limited IPO shares are expected to be listed on 08 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Yash Optics & Lens Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Yash Optics & Lens Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.