Established in the year 2010, initially Yash Optics & Lens was engaged in the trading and distribution of spectacle and optical lenses which were sourced from Indian importers and traded in Mumbai. Over the years, they have increased their product portfolio with brands like Seto, IRIS, etc., and expanded their network & distribution channel in Maharashtra, Gujarat, and Rajasthan. Under the trading space, the company sources the spectacle/optical lenses and markets the same under its brands for further sale through distributors and its retail channels.
The Company provides a wide array of vision correction solutions. The Company is primarily engaged in the business of manufacturing, trading, distribution, and supplying of comprehensive range of spectacle/optical lenses. They offer from single vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressives for professionals along with a wide range of coatings. Their products are available across the entire range of price points enabling them to serve the entire gamut of customers from economy. The company manufactures the lenses based on orders and prescriptions received from the customers.
Their manufacturing facility is situated at 71-C, Government Industrial Estate, Ganesh Nagar, Kandivali (West), Mumbai400067, India, and is well equipped with required facilities including machinery, and other handling equipment to facilitate smooth manufacturing process and easy logistics. They endeavor to maintain safety in their premises by adhering to key safety norms, established through their internal health and safety manual, accompanied by regular safety meetings. Their manufacturing facility is accredited with ISO 9001:2015 for quality management systems for the manufacturing, import, export, trading, stockiest, and supplier of ophthalmic lenses and ophthalmic products.
Objects of the Issue:
- Funding of Capital expenditure for setting up a manufacturing unit for backward integration
- Purchase of Plant and Machinery at existing manufacturing unit
- Repayment/ prepayment of certain borrowings availed by the company
- Funding Working Capital Requirements of the company
- General corporate purposes
Yash Optics & Lens IPO Review
- May Apply
Yash Optics & Lens IPO Date & Price Band Details
| IPO Open: | March 27, 2024 |
| IPO Close: | April 3, 2024 |
| IPO Size: | Approx ₹53.16 Crores, 6,562,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹75 to ₹81 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 |
Yash Optics & Lens IPO Market Lot
The Yash Optics & Lens IPO minimum market lot is 1600 shares with a ₹129,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹129,600 |
| Retail Maximum | 1 | 1600 | ₹129,600 |
| S-HNI Minimum | 2 | 3200 | ₹259,200 |
Yash Optics & Lens IPO Dates
The Yash Optics & Lens IPO date is March 27 and the IPO close date is April 3. The IPO allotment date is April 4 and the IPO might list on April 8.
| IPO Open Date: | March 27, 2024 |
| IPO Close Date: | April 3, 2024 |
| Basis of Allotment: | April 4, 2024 |
| Refunds: | April 5, 2024 |
| Credit to Demat Account: | April 5, 2024 |
| IPO Listing Date: | April 8, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Yash Optics & Lens IPO Form
How to apply Yash Optics & Lens IPO? You can apply Yash Optics & Lens IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Yash Optics & Lens IPO in the Invest section. The other option you can apply Yash Optics & Lens IPO via IPO forms download via the NSE website. Check out the Yash Optics & Lens forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Yash Optics & Lens Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹14.98 | ₹13.50 | ₹1.06 |
| 2022 | ₹29.86 | ₹20.70 | ₹6.82 |
| 2023 | ₹39.80 | ₹28.95 | ₹8.07 |
| Sep 2023 | ₹18.69 | ₹12.93 | ₹4.23 |
Yash Optics & Lens IPO Valuation – FY2023
Check Yash Optics & Lens 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): | ₹4.55 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 42.20% |
| Net Asset Value (NAV): | ₹10.79 per Equity Share |
Peer Group
- GKB Ophthalmics Ltd
Company Promoters
- Mr. Tarun Manharlal Doshi
- Mr. Dharmendra M Doshi
- Mr. Chirag Manharlal Doshi
Yash Optics & Lens IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Yash Optics & Lens IPO Allotment Status
Check Yash Optics & Lens IPO allotment status on Bigshare website URL. Click Here
Yash Optics & Lens IPO Lead Managers aka Merchant Bankers
- Shreni Shares Limited
Company Address
Yash Optics & Lens Limited
1st, Floor, Unit 70A,
Kandiwali Industrial Estate,
Charkop, Kandivali West, Mumbai-400067
Phone: + 91 9903231000
Email: [email protected]
Website: https://yashopticsandlens.com/
