Yash Optics & Lens Limited

Company Profile
Company Name Yash Optics & Lens Limited
Open Date 27-03-2024
Close Date 03-04-2024
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹75 to ₹81 per share
Issue Size 65,61,600 shares
Application Amount ₹1,29,600
Recommendation Apply
Yash Optics and Lens Limited was originally incorporated in the year 2010 and has its registered office in Mumbai, Maharashtra, India. The company is engaged in trading and distribution of spectacle and optical lenses which were sourced from Indian importers and traded in Mumbai. The company is offering from single vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressives for professionals along with wide range of coatings. As of December 31st, 2023, the Company had 106 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 1,215.25 2,444.86 3,414.26 5,412.63
Net Assets 426.61 1,104.92 1,911.50 2,334.01
Total Borrowings 585.00 402.36 1,085.47 2,452.69
Total Revenue 1,498.24 2,986.04 3,980.39 1,869.16
Profit After Tax 106.31 681.67 806.58 422.52

Tentative Timeline

Opening Date 27-03-2024
Closing Date 03-04-2024
Basis of Allotment 04-04-2024
Initiation of Refunds 05-04-2024
Credit of Shares to Demat 05-04-2024
Listing Date 08-04-2024

Objects of the Issue

Funding capital expenditure for setting up a manufacturing unit for backward integration
Purchase of plant and machinery at existing manufacturing unit
Repayment/ prepayment of certain borrowings availed by the company
Funding Working Capital Requirements of the company
General corporate purposes

Contact Information

Registered Office Yash Optics & Lens Limited 1st, Floor, Unit 70A, Kandiwali Industrial Estate, Charkop, Kandivali West, Mumbai-400067
Phone + 91 9903231000
Email investors@yashopticsandlens.com
Website https://yashopticsandlens.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 97.45%
Share Holding Post Issue (Promoters) 71.63%

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