TAC Infosec is engaged in the business of providing risk-based vulnerability management and assessment solutions, cybersecurity quantification, and services of Penetration testing to organizations of any scale, size, and business through the “SaaS model”. The company offers security software products and solutions both in India and internationally. Their end customers are Banks and Financial Institutions, government regulatory bodies and departments, large-scale enterprises (including business offices) like HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited and NSDL e-Governance.
Their flagship software product is ESOF (Enterprise Security in One Framework) which was launched in 2018. ESOF is a vulnerability management platform consisting of various product portfolios namely ESOF Appsec, ESOF VMP, ESOF VACA, ESOF PCI ASV, and ESOF CRQ. All the products launched under the ESOF Platform have a wide range of applications ranging from vulnerability management solutions for web and application-based data, compliance assessment, and cyber risk quantification.
They have been successful in augmenting our portfolio of solutions over time through continuous Product Development which they believe is a key differentiator of their business model. As of September 30, 2023, we had 56 employees, including 33 employees who comprise their Operational and Product Development team. Over the past five years, they have introduced a range of solutions focused on risk-based vulnerability management, risk quantification, and compliance assessment. Their commitment to innovation is evident as they consistently invest in both enhancing our existing solutions and developing new ones.
Objects of the Issue:
- Acquisition of TAC Security Inc (Delaware, USA) and making it a Wholly Owned Subsidiary thereon.
- Investment in Human resources and Product Development.
- General Corporate Purposes.
TAC Infosec IPO Review
- May Apply
TAC Infosec IPO Date & Price Band Details
| IPO Open: | March 27, 2024 |
| IPO Close: | April 2, 2024 |
| IPO Size: | Approx ₹29.99 Crores, 2,829,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 to ₹106 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
TAC Infosec IPO Market Lot
The TAC Infosec IPO minimum market lot is 1200 shares with a ₹127,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹127,200 |
| Retail Maximum | 1 | 1200 | ₹127,200 |
| S-HNI Minimum | 2 | 2400 | ₹254,400 |
TAC Infosec IPO Dates
The TAC Infosec IPO date is March 27 and the IPO close date is April 2. The IPO allotment date is April 3 and the IPO might list on April 5.
| IPO Open Date: | March 27, 2024 |
| IPO Close Date: | April 2, 2024 |
| Basis of Allotment: | April 3, 2024 |
| Refunds: | April 4, 2024 |
| Credit to Demat Account: | April 4, 2024 |
| IPO Listing Date: | April 5, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
TAC Infosec IPO Form
How to apply TAC Infosec IPO? You can apply TAC Infosec IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the TAC Infosec IPO in the Invest section. The other option you can apply TAC Infosec IPO via IPO forms download via the NSE website. Check out the TAC Infosec forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
TAC Infosec Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹5.16 | ₹4.32 | ₹0.61 |
| 2022 | ₹5.24 | ₹4.38 | ₹0.61 |
| 2023 | ₹10.14 | ₹5.05 | ₹5.07 |
| Sept 2023 | ₹5.31 | ₹3.29 | ₹1.95 |
TAC Infosec IPO Valuation – FY2023
Check TAC Infosec IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.63 per Equity Share |
| Price/Earning P/E Ratio: | 6.63 |
| Return on Net Worth (RoNW): | 66.05% |
| Net Asset Value (NAV): | ₹10.04 per Equity Share |
Peer Group
- Dev Information Technology Limited
- Infobeans Technologies Limited
- Sigma Solve Limited
Company Promoters
- Mr. Trishneet Arora
- Mr. Charanjit Singh
TAC Infosec IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
TAC Infosec IPO Allotment Status
Check TAC Infosec IPO allotment status on Skyline Financial website URL. Click Here
TAC Infosec IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
TAC Infosec Limited
8th Floor, Plot No. C-203,
Industrial Focal Point, Phase 8B, Balongi,
Rupnagar, S.A.S.Nagar, Mohali – 160055
Phone: +91 9988850821
Email: [email protected]
Website: http://www.tacsecurity.com/
