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Yash Optics & Lens Limited IPO

Yash Optics & Lens Limited IPO

IPO Date :
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Allotment Date :
Listing Date :
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Listed Price: ₹ 90.00 (+11.11%)

Yash Optics & Lens Limited's completed its IPO journey with a successful listing on NSE on 08-04-2024. The public offering mobilized 65,61,600 Shares in total capital, comprising 65,61,600 Shares in fresh equity.

The offering was conducted within the price band of ₹75 to ₹81, with minimum application lots of 1600 shares. Investor participation during the 27-03-2024 to 03-04-2024 subscription window determined the final allocation pattern.

The basis of allotment was announced on 04-04-2024, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Yash Optics IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Yash Optics IPO Key Performance Indicator
Company Financials ( in Lakhs )

Yash Optics IPO About Company

Yash Optics & Lens Limited, founded in 2010, is a premier provider of vision correction solutions in India, specializing in the manufacture, trade, and distribution of high-quality spectacle lenses. Offering a diverse range from single-vision to advanced progressive lenses, including customized options for professional needs, the company has established itself as a trusted name in the optical industry. Yash Optics holds exclusive distribution rights for the renowned "Pentax" brand lenses in India, further strengthening its market presence. With a state-of-the-art manufacturing facility in Kandivali (West), Mumbai, and an extensive nationwide distribution network, the company ensures accessibility to premium eyewear solutions. Backed by over a decade of expertise and a dedicated team of 106 employees as of December 31, 2023, Yash Optics & Lens Limited remains committed to innovation, quality, and excellence in vision care.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Yash Optics IPO Strength Factors

  1. Strong Leadership: The company benefits from experienced promoters and a skilled management team. Their industry knowledge and strategic decision-making help the company overcome challenges and seize growth opportunities.
  2. Nationwide Presence: With a customer base spread across India, the company enjoys a strong market position. This broad reach reduces risks from regional economic changes and opens doors for expansion into new markets.
  3. Diversified Customer Base: The company isn’t dependent on just a few customers, making its revenue stream more stable. This reduces risks from losing any single client and helps build long-term growth and customer relationships.

Yash Optics IPO Risk Factors

  1. Manufacturing Location Risk: The company’s manufacturing facilities are concentrated in Mumbai, Maharashtra. Any local regulatory or economic challenges could disrupt operations and affect financial stability. Expanding to other regions could help reduce this risk.
  2. Inventory & Payments Management: A large portion of the company’s assets is tied up in inventory and pending customer payments. Poor management could lead to cash flow problems, increased costs, and lower profits. Efficient tracking and collection strategies are crucial to maintaining financial health.
  3. Cash Flow Challenges: The company has faced negative cash flows in past years, which can impact its ability to grow and operate smoothly. Strong cash flow management and cost-saving measures are necessary to improve financial stability.

Yash Optics IPO Lead Manager(s)

  • Shreni Shares Limited

Yash Optics IPO Promoter(s)

  1. Mr. Tarun Manharlal Doshi
  2. Mr. Dharmendra M Doshi
  3. Mr. Chirag Manharlal Doshi

Yash Optics IPO Company Details

Yash Optics & Lens Limited
Phone:
address:

Yash Optics IPO Registrar

Bigshare Services Private Limited
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Phone:

Yash Optics IPO FAQs