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TCS, HDFCBANK, SBI Liquid Fund (G)
Yash Optics & Lens Ltd.

YASHOPTICS

Equity

NSE

Min. Investment

75,000.00

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IPO Details

Bidding Dates

27 Mar 24 - 03 Apr 24

Price Range ₹

75 - 81

Total Equity

53.15Cr

Lot Size

1600

Exchange Status

NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

Offer start

27 Mar 2024

Offer end

03 Apr 2024

Allotment

04 Apr 2024

Refund initiation

05 Apr 2024

Demat transfer

05 Apr 2024

Listing

08 Apr 2024

About Company

Established in 2010, Yash Optics & Lens specializes in a diverse range of vision correction solutions. The company's core operations revolve around the manufacturing, trading, distribution, and supply of a wide variety of spectacle and optical lenses. Yash Optics & Lens offers an extensive selection, from single-vision lenses to advanced progressive lenses, customized options, personalized choices for professionals, and an array of coatings.

Year Founded

23-07-2010

Promotor Details

Tarun Manharlal Doshi

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage97.4571.63
Share Capital1774030017740300

Offer to Public

65,61,600.00 Cr

Project Details

  • General corporate purposes - 37.834cr
  • Purchase of Plant and Machinery at existing manufacturing unit - 118.576cr
  • Funding Working Capital Requirements of our Company and - 100cr
  • Repayment/ prepayment of certain borrowings availed by our Company - 60cr
  • Funding of Capital expenditure for setting up a manufacturing unit for backward integration - 182.5cr

Objectives

  • Funding of Capital expenditure for setting up a manufacturing unit for backward integrationPurchase of Plant and Machinery at existing manufacturing unit Repayment/ prepayment of certain borrowings availed by our CompanyFunding Working Capital Requirements of our Company andGeneral corporate purposes

Highlights

  • Rigorous quality assurance measures ensuring top-notch product standards.
  • Business approach centered on customer needs and satisfaction.
  • Established brand reputation recognized for its reliability and excellence.
  • In-house manufacturing facility equipped with advanced machinery and streamlined processes.
  • Diverse product lineup featuring customizable options to suit individual needs.

Challenges

  • Concentrated manufacturing in Mumbai poses risks to business continuity and growth.
  • Operational risks in manufacturing process could impact business operations.
  • Exclusive distributor agreement with HOYA Lens India for "Pentax" lenses is crucial for operations.
  • Limited operating history post asset acquisition may challenge investor evaluation.
  • The company's outstanding litigation poses risks to its business and reputation.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20211,211.041.00802.80802.804.533
20233,404.571.00802.80802.804.533
20246,057.071,820.40106.31106.310.6003
20222,443.791.00802.80802.804.533
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