TAC Infosec Limited
Book Built Issue IPO · NSE
- Price band
- ₹100 - ₹106
- Lot size
- 1,200 shares
- Issue amount
- ₹29.99 cr
- Total subscription
- 421.96×
- Opens
- 27 Mar 2024
- Closes
- 2 Apr 2024
- Allotment
- 3 Apr 2024
- Listing
- 5 Apr 2024
Offer at a glance
Issue overview
- Issue size
- 28,29,600 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹29.99 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,27,200
- Issue type
- Book Built Issue IPO
- Shares before issue
- 76,50,000
- Shares after issue
- 1,04,79,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,27,200 |
| HNI | 2 | 2,400 | ₹2,54,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.7 | 805.14 |
| RETAIL | 9.97 | 4,323.5 |
| NIB | 4.27 | 3,287.42 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 2.55 | 6.63 | 0.79 |
| ROE | 22.51 | 98.62 | 26.37 |
| ROCE | 22.75 | 89.82 | 33.23 |
| RONW | 20.24 | 66.05 | 23.3 |
| PRE IPO(PE) | 8.42 | 0 | 0 |
| POST IPO(PE) | 15.98 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
TAC Infosec Limited, founded in 2016, has rapidly positioned itself as a trusted provider of risk-based cybersecurity solutions, offering vulnerability management, assessment, cybersecurity quantification, and penetration testing through a Software as a Service (SaaS) model. Serving a prestigious clientele that includes HDFC, Bandhan Bank, BSE, NPCI, DSP Investment Managers, Motilal Oswal, and NSDL e-Governance, the company has earned a strong reputation across banking, finance, and government sectors. With a team of 56 professionals as of September 30, 2023—33 of whom focus on operations and product development—TAC Infosec remains dedicated to innovation, ensuring robust digital security solutions to combat evolving cyber threats.
Strengths
- Strong Cybersecurity Brand: TAC Infosec has built a solid reputation as a specialized cybersecurity company, making it a trusted choice for businesses needing advanced security solutions.
- Easy & High-Quality Solutions: The company focuses on user-friendly, top-quality cybersecurity tools, ensuring clients get effective protection without complexity.
- Stable & Growing Business: With consistent growth, profitability, and strong cash flow, TAC Infosec is financially sound, making it a reliable and innovative player in the cybersecurity space.
Risk factors
- Lack of Innovation: If TAC Infosec fails to keep up with technology trends and develop new cybersecurity solutions, it could lose its competitive edge and market share.
- Outdated Offerings: Not improving existing products may result in lower customer satisfaction and relevance, affecting sales and profitability.
- Pricing Challenges: Misjudging project costs could lead to underpricing, reducing profit margins and making some contracts unprofitable.
- Poor Cost Control: Ineffective cost management could lead to overspending, hurting overall financial stability.
Promoters
Mr. Trishneet Arora
Mr. Charanjit Singh
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
8th Floor, Plot No. C-203, Industrial Focal Point, Phase 8B, Balongi, Rupnagar, S.A.S.Nagar, Mohali – 160055
+91 9988850821
[email protected]Company website ↗Understanding TAC IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.