TAC Infosec IPO: Check Subscription Status, GMP Today.
Unlisted shares of TAC Infosec Ltd are buying and selling Rs 103 greater within the gray market, anticipating a 97.17 per cent itemizing acquire from the general public subject
TAC Infosec IPO: The preliminary public providing of TAC Infosec Ltd, which was opened for public subscription on March 27, has obtained a whopping response from buyers. Till 12:27 pm on the second day of bidding on Thursday, the Rs 29.99-crore SME IPO obtained 15.72 instances subscription, garnering bids for two,95,84,800 shares towards 18,81,600 shares on provide.
The class for non-institutional buyers received subscribed 8.61 instances whereas the portion for Retail Individual Investors (RIIs) attracted 26.24 instances subscriptions. The quota for Qualified Institutional Buyers (QIBs) received subscribed 2.66 instances.
TAC Infosec IPO GMP Today
According to market observers, unlisted shares of TAC Infosec Ltd are buying and selling Rs 103 greater within the gray market as in contrast with its subject value. The Rs 103 gray market premium or GMP means the gray market is anticipating a 97.17 per cent itemizing acquire from the general public subject. The GMP is predicated on market sentiments and retains altering.
‘Grey market premium’ signifies buyers’ readiness to pay greater than the problem value.
TAC Infosec IPO Details
The TAC Infosec IPO is fully a contemporary subject of 28.3 lakh shares. The IPO, which can stay opened for subscription between March 27 and April 2, is prone to be finalised on April 3, 2024.
TAC Infosec IPO will likely be listed on the NSE SME with a tentative itemizing date fastened as Friday, April 5, 2024.
The value band of the TAC Infosec IPO was fastened at Rs 100 to Rs 106 per share. The minimal lot measurement for an utility is 1,200 shares. The minimal quantity of funding required by retail buyers is Rs 1,27,200. The minimal lot measurement funding for HNI is 2 heaps (2,400 shares) amounting to Rs 2,54,400.
Beeline Capital Advisors Pvt Ltd is the ebook-operating lead supervisor of the TAC Infosec IPO, whereas Skyline Financial Services Private Ltd is the registrar for the problem. The market maker for TAC Infosec IPO is Spread X Securities.
TAC Infosec Limited, which was arrange in 2016, gives threat-primarily based options for vulnerability administration and evaluation, cyber safety quantification and penetration testing in a SaaS mannequin.
The firm’s purchasers embrace banks and monetary establishments, authorities regulators and departments, giant enterprises (together with company places of work) comparable to HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited and NSDL e-Governance.
Its income jumped 93.7 per cent and revenue after tax (PAT) surged 735.05 per cent within the monetary 12 months 2022-23.
