Yash Optics & Lens Limited IPO: Your Comprehensive Guide

Welcome to the ultimate guide to the Yash Optics & Lens Limited IPO, where we delve into all the critical details you need to know before diving into this exciting investment opportunity.

IPO Overview:

Yash Optics & Lens IPO is a book built issue of Rs 53.15 crores, offering 65.62 lakh fresh shares. With a subscription period from March 27, 2024, to April 3, 2024, this IPO is poised to make waves in the market.

Key Dates to Remember:

- IPO Subscription: March 27, 2024 - April 3, 2024

- Allotment Date: April 4, 2024

- Listing Date: April 8, 2024

Price Band and Lot Size:

The IPO's price band is set between ₹75 to ₹81 per share, with a minimum lot size of 1600 shares, requiring an investment of ₹129,600 for retail investors and ₹259,200 for HNIs.

Lead Managers and Registrars:

Shreni Shares Limited leads the book running, while Bigshare Services Pvt Ltd acts as the registrar. Rikhav Securities serves as the market maker for this dynamic IPO.

Reservation Breakdown:

- QIBs: Up to 50.00% of the Net offer

- Retail: Not less than 35.00% of the Offer

- NIIs (HNIs): Not less than 15.00% of the Offer

Anchor Investors' Contribution:

Anchor investors infused Rs 13.79 crore into the IPO on March 26, 2024, setting a strong foundation for the offering.

Yash Optics & Lens Limited Overview:

Established in 2010, Yash Optics & Lens Limited specializes in vision correction solutions, manufacturing, trading, and distributing spectacle lenses. With a diverse product range, including single-vision to personalized progressive lenses, the company holds a significant position in the market.

Financial Performance:

Between March 31, 2022, and March 31, 2023, the company witnessed a substantial revenue increase of 33.3% and a 18.32% rise in profit after tax (PAT). As of September 30, 2023, the market capitalization stood at a robust Rs 200.6 Cr, showcasing promising growth prospects.

Key Performance Indicators:

- ROE: 18.10%

- ROCE: 10.38%

- Debt/Equity: 1.05

- RoNW: 18.09%

- P/BV: 6.15

- PAT Margin (%): 22.62

Peer Comparison:

Pre-IPO, Yash Optics & Lens Limited demonstrates an EPS of Rs 4.43 and a P/E ratio of 18.28. Post-IPO, the EPS stands at Rs 3.41, with a P/E ratio of 23.74, indicating the company's growth trajectory.

Conclusion:

With a strong financial performance, a diverse product portfolio, and a promising future outlook, the Yash Optics & Lens Limited IPO presents a compelling investment opportunity for both retail and institutional investors alike. Don't miss out on being part of this groundbreaking journey in the optical industry!

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