TAC Infosec Limited is engaged in the business of providing risk-based vulnerability management and assessment solutions, cybersecurity quantification, and services of Penetration testing to organizations of any scale, size, and business through “SaaS model”.
The company’s clients include banks and financial institutions, government regulators and departments, large enterprises (including corporate offices) 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.
As of September 30, 2023, the company had 56 employees, 33 of whom worked in operations and product development.
TAC Infosec IPO – Details
| IPO Opening Date | 27 March 2024 |
| IPO Closing Date | 02 April 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 28,29,600 Shares Worth ₹29.99 Crore Fresh Issue: 28,29,600 Shares Worth ₹29.99 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 – ₹106 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
TAC Infosec IPO – Date Schedule
| IPO Open Date | 27 March 2024 |
| IPO Close Date | 02 April 2024 |
| Basis of Allotment | 03 April 2024 |
| Initiation of Refund | 04 April 2024 |
| Credit of Shares to Demat Account | 04 April 2024 |
| IPO Listing Date | 05 April 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 02, 2024 |
TAC Infosec IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | ₹1,27,200 |
| Retail (Maximum) | 1 | 1200 | ₹1,27,200 |
| HNI (Minimum) | 2 | 2400 | ₹2,54,400 |
Competitive Strengths
- Founder-led company supported by a highly experienced and professional leadership team.
- Niche Brand Building.
- Easy to Use and High-Quality Solutions.
- Consistent Growth, Profitability, and Cash Flow Generation.
Company Promoters
- Mr. Trishneet Arora
- Mr. Charanjit Singh
Object Of The Issue
- Acquisition of TAC Security Inc (Delaware, USA) and making it a Wholly Owned Subsidiary thereon,
- Investment in Human resources and Product Development, and
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 5.16 | 4.31 | 0.61 | 0.22 |
| 31 March 2022 | 5.23 | 4.38 | 0.60 | 0.89 |
| 31 March 2023 | 10.14 | 5.05 | 5.07 | 0.35 |
| 30 September 2023 | 5.31 | 3.29 | 1.94 | 0.27 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 22.51% |
| ROCE | 22.75% |
| RoNW | 20.24% |
| P/BV | 8.42 |
| PAT Margin (%) | 38.81 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.63 | 3.72 |
| P/E (x) | 15.98 | 28.5 |
TAC Infosec IPO Promoter Holding
| Pre Issue Share Holding | 78.00% |
| Post Issue Share Holding | 56.94% |
TAC Infosec IPO Prospectus
Company Contact Information
| TAC Infosec Limited 8th Floor, Plot No. C-203, Industrial Focal Point, Phase 8B, Balongi, Rupnagar, S.A.S.Nagar, Mohali – 160055 Phone: +91 9988850821 Email: company.secretary@tacsecurity.com Website: http://www.tacsecurity.com/ |
TAC Infosec IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
TAC Infosec IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
TAC Infosec IPO FAQs
| What is TAC Infosec IPO? TAC Infosec IPO is a SME IPO. The issue is priced at ₹100 – ₹106 per equity share. The IPO is to be listed on NSE SME. |
| When TAC Infosec IPO will open? The IPO is to open on 27 March 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to TAC Infosec IPO? You can apply for TAC Infosec IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the TAC Infosec IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “TAC Infosec”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the TAC Infosec IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “TAC Infosec”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is TAC Infosec IPO Size? TAC Infosec IPO size is ₹29.99 crores. |
| What is TAC Infosec IPO Price Band? TAC Infosec IPO Price Band is ₹100 – ₹106. |
| What is TAC Infosec IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,27,200 amount while the maximum bid is 1200 shares with ₹1,27,200. |
| What is the TAC Infosec IPO Allotment Date? TAC Infosec IPO allotment date is 03 April 2024. |
| What is the TAC Infosec IPO Listing Date? TAC Infosec IPO listing date is 05 April 2024. The IPO is to list on NSE SME. |
