Yash Optics & Lens Ltd |
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Registered Office: 1st Flr Unit # 70A Kandiwali-, Ind.Estate Charkop Kandivali W, Mumbai - 400067, Maharashtra |
Phone: +91 99032 31000 |
Email: investors@yashopticsandlens.com |
Website: www.yashopticsandlens.com |
Initial public offer of 65,61,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of Yash Optics & Lens Limited ("Yash", or "The Company" or "The Issuer") for cash at a price of Rs. 81/- per equity share including a share premium of Rs. 71/- per equity share (the "Issue Price") aggregating to Rs. 53.15 crores ("The Issue"), of which 3,31,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 81/- per equity share including a share premium of Rs. 71/- per equity share aggregating to Rs. 2.68 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 62,30,400 equity shares of face value of Rs. 10/- each at a price of Rs. 81/- per equity share including a share premium of Rs. 71/- per equity share aggregating to Rs. 50.47 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.49 % and 25.16 % respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is 8.1 times the face value of the equity shares. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
27-Mar-2024 | 03-Apr-2024 | ₹ 81.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 49.89 | Shreni Shares Ltd |
Project Financed through Current Offer | 53.15 | |
Post Issue Equity Share Capital | 24.77 | |
Issue Price | ₹81.00 |
Projects |
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Funding of capital expenditure for setting up a mfg unit for backward integration |
Purchase of plant and machinery at existing mfg unit |
Repayment/prepayment of certain borrowings availed by the company |
Funding working capital requirements of the company |
General corporate purposes |
Promoted By |
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Tarun Manharlal Doshi |
Dharmendra M Doshi |
Chirag Manharlal Doshi |
Listing At |
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NSE - SME |
Registrar to the Issue |
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