Last Updated: March 27, 2024, 12:50 IST
TAC Infosec provides danger-based mostly options for vulnerability administration and evaluation, cyber safety quantification and penetration testing in a SaaS mannequin.
Vijay Kedia-backed Tac Security, India’s 1st cybersecurity IPO, opens: Know key particulars earlier than subscribing
The preliminary public providing (IPO) of Vijay Kedia-backed TAC Infosec is open for subscription now. Investors can subscribe to the SME problem till Tuesday, April 2, 2024. The firm has fastened its worth band within the vary of Rs 100-106 apiece, with rather a lot measurement of 1,200 fairness shares and its multiples thereafter.
Here are key issues traders have to know in regards to the public provide earlier than subscribing to the problem.
TAC Infosec IPO worth band
The firm is providing its shares at Rs 100-106 apiece, and traders can bid for 1,200 shares in 1 lot.
TAC Infosec IPO measurement
The IPO is fully a recent fairness problem of 28.2 lakh shares and thru the problem, the corporate goals to lift Rs 30 crore.
Objects of the provide
The web proceeds from the general public provide will likely be used for the acquisition of TAC Security Inc and making it a completely-owned subsidiary, funding in human assets and product improvement, basic company functions and public problem bills.
TAC Infosec IPO monetary efficiency
For the interval ended September 2023, the corporate clocked revenues of Rs 5.02 crore and web revenue of Rs 1.94 crore.
Lead managers and registrar
Beeline Capital Advisors is the lead supervisor to the problem and Skyline Financial Services is the registrar.
Important dates
The IPO opens on March 27 and closes on March April 2. The closing allotment will seemingly be made on March 3. The firm’s shares will seemingly get listed on April 5.
TAC Infosec GMP
The firm’s shares are buying and selling with a excessive GMP of Rs 80 within the unlisted market.
Tas Security is engaged within the enterprise of offering danger-based mostly vulnerability administration and evaluation options, cybersecurity quantification and companies of penetration testing to organizations of any scale, measurement, and enterprise via SaaS mannequin.
