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IPO Synopsis

Yash Optics & Lens Ltd
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
Opens On Closes On
27-Mar-24 03-Apr-24
Money Payable On
Application Allotment
81.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr Lead Managers to the Issue
Project Cost (.Cr) 49.89 Shreni Shares Ltd
Project Financed through Current Offer (.Cr) 53.15  
Post Issue Equity Share Capital (.Cr) 24.77
Issue Price () 81.00
Projects
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
Tarun Manharlal Doshi
Dharmendra M Doshi
Chirag Manharlal Doshi
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd