Yash Optics and Lens IPO description – Yash Optics & Lens was founded in 2010 and provides an extensive array of vision correction solutions. The company primarily focuses on manufacturing, trading, distributing, and supplying a comprehensive range of spectacle and optical lenses. Yash Optics and Lens offers everything from single-vision lenses to advanced progressive lenses, customized progressive lenses, personalized progressives for professionals, and a wide range of coatings.
Over time, the company diversified its product portfolio by adding brands like Seto and IRIS. It also expanded its network and distribution channels across Maharashtra, Gujarat, and Rajasthan. HOYA Lens India Private Limited also designates the company as the exclusive distributor to sell, market, and distribute the ‘Pentax’ brand of Ophthalmic lenses in India.
The company’s manufacturing facility is in Kandivali (West), Mumbai. With a nationwide presence and distribution network, it serves the domestic market across India. As of 31 December 2023, the company had a workforce of over 106 employees.
Promoters of Yash Optics and Lens – Mr. Tarun Manharlal Doshi, Mr. Dharmendra M Doshi, and Mr. Chirag Manharlal Doshi
Table of Contents
Yash Optics and Lens IPO Details
| Yash Optics and Lens IPO Dates | 27 Mar – 3 Apr 2024 |
| Yash Optics and Lens Issue Price | INR 75 – 81 per share |
| Fresh issue | 6,562,800 shares (INR 49.22 – 53.16 crore) |
| Offer For Sale | Nil |
| Total IPO size | 6,562,800 shares (INR 49.22 – 53.16 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 129,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Yash Optics and Lens Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 14.96 | 29.75 | 39.69 | 18.66 |
| Expenses | 13.50 | 20.70 | 28.95 | 12.93 |
| Net income | 1.06 | 6.82 | 8.07 | 4.23 |
Yash Optics and Lens Offer News
- Yash Optics and Lens RHP
- Yash Optics and Lens Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Yash Optics and Lens Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.60 | 3.85 | 4.55 |
| PE ratio | – | – | 16.48 – 17.80 |
| RONW (%) | 24.92 | 61.69 | 42.20 |
| NAV | 2.41 | 6.24 | 10.79 |
| ROCE (%) | 15.50 | 48.91 | 30.28 |
| EBITDA (%) | 13.74 | 34.35 | 31.36 |
| Debt/Equity | 1.37 | 0.36 | 0.57 |
Yash Optics and Lens IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 6 April 2024 | 20 | – | 23,500 |
| 5 April 2024 | 20 | – | 23,500 |
| 4 April 2024 | 18 | – | 22,500 |
| 3 April 2024 | 20 | – | 25,000 |
| 2 April 2024 | 25 | – | 28,500 |
| 1 April 2024 | 22 | – | 26,000 |
| 30 March 2024 | 21 | – | 25,000 |
| 29 March 2024 | 32 | – | 37,000 |
| 28 March 2024 | 18 | – | 22,500 |
| 27 March 2024 | 15 | – | 20,500 |
| 26 March 2024 | 20 | – | 23,000 |
Yash Optics and Lens IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,164,800 | 1,110,400 | 2,252,800 | 4,528,000 |
| 3 Apr 2024 | 19.88 | 85.54 | 32.11 | 42.07 |
| 2 Apr 2024 | 1.70 | 3.56 | 5.99 | 4.29 |
| 1 Apr 2024 | 1.70 | 0.95 | 1.75 | 1.54 |
| 28 Mar 2024 | 1.70 | 0.50 | 0.86 | 0.99 |
| 27 Mar 2024 | 1.38 | 0.11 | 0.39 | 0.58 |
The market maker reservation portion of 331,200 shares is not included in the above calculations.
Yash Optics and Lens IPO Allotment Status
Yash Optics and Lens IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Yash Optics and Lens IPO Dates & Listing Performance
| IPO Opening Date | 27 March 2024 |
| IPO Closing Date | 3 April 2024 |
| Finalization of Basis of Allotment | 4 April 2024 |
| Initiation of refunds | 5 April 2024 |
| Transfer of shares to demat accounts | 5 April 2024 |
| IPO Listing Date | 8 April 2024 |
| Opening Price on NSE SME | INR 90 per share (up 11.11%) |
| Closing Price on NSE SME | INR 92.70 per share (up 14.44%) |
Yash Optics and Lens Offer Lead Manager
SHRENI SHARES LIMITED
A/007, Western Edge – II, Kanakia Space,
Behind Metro Mall, off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066, Maharashtra
Phone: 022 2089 7022
Email:Â [email protected]
Website:Â www.shreni.in
Yash Optics and Lens Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Yash Optics and Lens IPO Contact Details
YASH OPTICS & LENS LIMITED
1st, Floor, Unit 70A, Kandivali Industrial Estate,
Charkop, Kandivali West, Mumbai-400067, Maharashtra
Phone: +91 9903231000
E-mail: [email protected]
Website: www.yashopticsandlens.com
IPO FAQs
What is Yash Optics and Lens offer size?
Yash Optics and Lens offer size is INR 49.22 – 53.16 crores.
What are Yash Optics and Lens offer price band?
Yash Optics and Lens public offer price is INR 75 – 81 per share.
What is the lot size of Yash Optics and Lens IPO?
Yash Optics and Lens offer lot size is 1,600 shares.
What is Yash Optics and Lens IPO GMP today?
Yash Optics and Lens IPO GMP today is INR 20 per share.
What is the Yash Optics and Lens kostak rate today?
Yash Optics and Lens kostak rate today is NA per application.
What is Yash Optics and Lens Subject to Sauda rate today?
Yash Optics and Lens are Subject to the Sauda rate today is INR 23,500 per application.
