TAC Infosec IPO description – TAC Infosec specializes in offering risk-based vulnerability management and assessment solutions and cybersecurity quantification and penetration testing services to organizations of all sizes and scopes through a ‘SaaS model’. The company provides security software products and solutions domestically in India and internationally.
The company’s end customers include banks and financial institutions, government regulatory bodies and departments, and large-scale enterprises such as HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited, and NSDL e-Governance.
Its flagship software product is ESOF (Enterprise Security in One Framework), which was launched in 2018. As of 30 September 2023, TAC Infosec had 56 employees, out of which 33 were part of its Operational and Product Development team.
Trishneet Arora, the founder of TAC Infosec, owns 54.02% of the shares. Accompanying him is ace investor Vijay Kedia who controls 10.95% stake while his son Ankit Kedia holds 3.65% shares in the company.
Promoters of TAC Infosec – Mr. Trishneet Arora, and Mr. Charanjit Singh
Table of Contents
TAC Infosec IPO Details
| TAC Infosec IPO Dates | 27 Mar – 2 Apr 2024 |
| TAC Infosec Issue Price | INR 100 – 106 per share |
| Fresh issue | 2,829,600 shares (INR 28.30 – 29.99 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,829,600 shares (INR 28.30 – 29.99 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 127,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
TAC Infosec Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 5.04 | 5.11 | 10.00 | 5.02 |
| Expenses | 4.32 | 4.38 | 5.05 | 3.29 |
| Net income | 0.61 | 0.61 | 5.07 | 1.95 |
TAC Infosec Offer News
- TAC Infosec RHP
- TAC Infosec Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
TAC Infosec Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.80 | 0.79 | 6.63 |
| PE ratio | – | – | 15.08 – 15.99 |
| RONW (%) | 30.56 | 23.30 | 66.05 |
| NAV | 2.61 | 3.41 | 10.04 |
| ROCE (%) | 47.38 | 33.23 | 89.82 |
| EBITDA (%) | 15.56 | 19.97 | 52.82 |
| Debt/Equity | 0.11 | 0.34 | 0.05 |
TAC Infosec IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 4 April 2024 | 118 | – | 115,000 |
| 3 April 2024 | 118 | – | 115,000 |
| 2 April 2024 | 115 | – | 114,000 |
| 1 April 2024 | 107 | – | 100,000 |
| 30 March 2024 | 100 | – | 98,000 |
| 29 March 2024 | 100 | – | 98,000 |
| 28 March 2024 | 90 | – | 85,000 |
| 27 March 2024 | 85 | – | 80,000 |
| 26 March 2024 | 85 | – | 80,000 |
TAC Infosec IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 537,600 | 403,200 | 940,800 | 1,881,600 |
| 2 Apr 2024 | 141.29 | 769.18 | 433.54 | 421.96 |
| 1 Apr 2024 | 2.67 | 52.12 | 114.20 | 69.03 |
| 28 Mar 2024 | 2.67 | 12.22 | 36.68 | 21.72 |
| 27 Mar 2024 | 2.64 | 5.99 | 15.95 | 10.01 |
The market maker reservation portion of 141,600 shares is not included in the above calculations.
TAC Infosec IPO Allotment Status
TAC Infosec IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
TAC Infosec IPO Dates & Listing Performance
| IPO Opening Date | 27 March 2024 |
| IPO Closing Date | 2 April 2024 |
| Finalization of Basis of Allotment | 3 April 2024 |
| Initiation of refunds | 4 April 2024 |
| Transfer of shares to demat accounts | 4 April 2024 |
| IPO Listing Date | 5 April 2024 |
| Opening Price on NSE SME | INR 290 per share (up 173.58%) |
| Closing Price on NSE SME | INR 304.50 per share (up 187.26%) |
TAC Infosec Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: +91 79 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
TAC Infosec Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
TAC Infosec IPO Contact Details
TAC INFOSEC LIMITED
91 Springboard, Kagalwala House, 01st Floor,
C Block, 175, CST Road, Kalina, Santacruz East,
Mumbai, Maharashtra, India, 400098
Phone: +91 9988850821
E-mail: [email protected]
Website: www.tacsecurity.com
IPO FAQs
What is TAC Infosec offer size?
TAC Infosec offer size is INR 28.30 – 29.99 crores.
What is TAC Infosec offer price band?
TAC Infosec public offer price is INR 100 – 106 per share.
What is the lot size of TAC Infosec IPO?
TAC Infosec offer lot size is 1,200 shares.
What is TAC Infosec IPO GMP today?
TAC Infosec IPO GMP today is INR 118 per share.
What is the TAC Infosec kostak rate today?
TAC Infosec kostak rate today is NA per application.
What is TAC Infosec Subject to Sauda rate today?
TAC Infosec are Subject to the Sauda rate today is INR 115,000 per application.
