The subscription for Tac Infosec Ltd SME IPO will open on March 27. Investors can apply for the IPO starting from March 27, and the closing date for applications is April 2, 2024. The price band for this IPO is set at Rs. 100-106 per share. The minimum lot size for application is 1200 shares, requiring investors to invest a minimum of Rs. 1,27,200. for investing more in ipos click here.
The TAC Infosec IPO is a book-built issue valued at Rs. 29.99 crores. The entirety of the issue consists of fresh shares totaling 28.3 lakh. For High Net Worth Individuals (HNIs), the minimum investment lot size is 2 lots, equivalent to 2,400 shares, amounting to ₹254,400.
- ipo open date : march 27, 2024
- ipo close date : April 2, 2024
- price band : ₹100 – ₹106 per share
- Face value : ₹10 per share
- Lot size : 1200 shares
- issue size : 2,829,600 shares ( aggregating ₹29.99 Cr)
- Listing : NSE, BSE
TAC Infosec IPO Price & lot size
“The price of the Tac Infosec Ltd SME IPO will range from Rs. 100 to Rs. 106 per share. In terms of quantity, the IPO will be offered in lots of 1200 shares each, requiring a minimum investment of Rs. 127,200. Retail investors can apply for a minimum of 1 lot, i.e., 1200 shares, and a maximum of 1 lot. However, High Net Worth Individuals (HNIs) have the flexibility to apply for a minimum of 2 lots.”
- retail (Min) – 1200 shares – ₹ 127,200
- retail (Max) – 1200 shares – ₹ 127,200
- HNI(Min) – 2400 shares – ₹ 254,400
Tac Infosec Ltd SME IPO Dates
Talking about the dates of the TAC Infosec Ltd IPO, it will open on Wednesday, March 27, and close on Tuesday, April 2. Beeline Capital Advisors Pvt Ltd is serving as the book running lead manager for the TAC Infosec IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. Spread X Securities is the market maker for the TAC Infosec IPO.
- IPO Open Date : Wednesday, March 27, 2024
- IPO Close Date : Tuesday, April 2, 2024
- Allotment date : Wednesday, April 3, 2024
- Listing Date : Friday, April 5, 2024
Tac Infosec Ltd SME IPO GMP
The grey market premium for the Tac Infosec Ltd SME IPO is currently at 57%, indicating that the IPO is expected to open with a premium of Rs. 60 to Rs. 80 per share. Grey market premiums are subject to change and may fluctuate further leading up to the IPO opening, potentially increasing or decreasing.
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TAC infosec ltd
Established in 2016, TAC Infosec Limited specializes in providing risk-based solutions through a Software as a Service (SaaS) model, focusing on vulnerability management, assessment, cyber security quantification, and penetration testing.
Its clientele comprises banks, financial institutions, government regulators, and prominent enterprises like 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 boasted a workforce of 56 employees, with 33 dedicated to operations and product development.
Company Promoters
- Mr. trishneet Arora
- Mr. charanjit Singh
Disclaimer
The GMP (Grey Market Premium) for this SME IPO may vary over time. It’s important not to solely rely on GMP when making investment decisions. The information provided in this article is solely for educational and knowledge purposes. It does not constitute any buy/sell advice or recommendation. The author and Live4Daily hold no responsibility for any losses incurred. Before making any investment, it is advisable to consult with your financial advisor.
