IPO

IPO Synopsis

TAC Infosec Ltd
Initial public issue of 2829600 equity shares of face value of Rs. 10/- each of Tac Infosec Limited ("TIL" or the "Company" or the "Issuer") for cash at a price of Rs. 106/- per equity share including a share premium of Rs. 96/- per equity share (the "Issue Price") aggregating to Rs. 29.99 crores ("The Issue"), of which 141600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 106/- per equity share including a share premium of Rs. 96/- per equity share aggregating to Rs. 1.50 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 2688000 equity shares of face value of Rs. 10/- each at a price of Rs. 106/- per equity share including a share premium of Rs. 96/- per equity share aggregating to Rs. 28.49 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.00% and 25.65%, respectively, of the post issue paid up equity share capital of the company.
Issue
Opens On Closes On
27-Mar-24 02-Apr-24
Money Payable On
Application Allotment
106.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 26.09 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 29.99  
Post Issue Equity Share Capital (.Cr) 10.48
Issue Price () 106.00
Projects
Acquisition of TAC Sceurity Inc (Delaware USA) and making it wholly owned subsidiary theron
Investment in human resources and product development
General corporate purposes
Promoted By
Trishneet Arora
Charanjit Singh
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt