TAC Infosec IPO Date, Review, Price, Allotment Details

TAC Infosec IPO Details: TAC Infosec IPO date is fixed, The IPO will open on March 27 and will close on April 2. TAC Infosec is a NSE SME IPO to raise ₹29.99 crores via IPO. The TAC Infosec IPO price band is fixed at ₹100 to ₹106 with a market lot of 1200 shares.

TAC Infosec IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹127,200
Retail Maximum11200₹127,200
S-HNI Minimum22400₹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
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/

TAC Infosec IPO FAQs

What is TAC Infosec IPO?

TAC Infosec IPO is an NSE SME IPO. They are going to raise ₹29.99 Crores via IPO. The issue is priced at ₹100 to ₹106 per equity share. The IPO is to be listed on NSE.

When TAC Infosec IPO will open?

The IPO is to open on March 27, 2024 for QIB, NII, and Retail Investors.

What is TAC Infosec IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the TAC Infosec IPO?

You can apply TAC Infosec IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the TAC Infosec IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the TAC Infosec IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the TAC Infosec IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is TAC Infosec IPO Size?

TAC Infosec IPO size is ₹29.99 crores.

What is TAC Infosec IPO Price Band?

TAC Infosec IPO Price Band is ₹100 to ₹106 per equity share.

What is TAC Infosec IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹127,200.

What is TAC Infosec IPO Allotment Date?

TAC Infosec IPO allotment date is April 3, 2024.

What is TAC Infosec IPO Listing Date?

TAC Infosec IPO listing date is April 5, 2024. The IPO to list on NSE SME.

Note: The TAC Infosec IPO details are announced officially. The IPO grey market premium (TAC Infosec IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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