Yash Optics & Lens Limited offers a wide range of vision correction solutions. The company is engaged in the business of manufacturing, trading, distribution, and supplying a comprehensive range of spectacle/optical lenses.
The company offers single-vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressive lenses for professionals as well as a wide range of coatings.
HOYA Lens India Private Limited has appointed the company as the exclusive distributor for the sale, marketing, and distribution of “Pentax” brand lenses in India.
The company’s manufacturing facility is located in Kandivali (West), Mumbai. The company has an India-wide presence and distribution network for the domestic market. Yash Optics and Lens manufacturing facility is accredited with ISO 9001:2015 for a quality management system for the manufacturing, import, export, trading, stockiest, and supplier of ophthalmic lenses and ophthalmic products.
As of December 31, 2023, the company employed over 106 people.
Yash Optics And Lens IPO – Details
| IPO Opening Date | 27 March 2024 |
| IPO Closing Date | 03 April 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 65,62,800 Shares Worth ₹53.16 Crore Fresh Issue: 65,62,800 Shares Worth ₹53.16 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹75 – ₹81 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Yash Optics And Lens IPO – Date Schedule
| IPO Open Date | 27 March 2024 |
| IPO Close Date | 03 April 2024 |
| Basis of Allotment | 04 April 2024 |
| Initiation of Refund | 05 April 2024 |
| Credit of Shares to Demat Account | 05 April 2024 |
| IPO Listing Date | 08 April 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 03, 2024 |
Yash Optics And Lens IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | ₹1,29,600 |
| Retail (Maximum) | 1 | 1600 | ₹1,29,600 |
| HNI (Minimum) | 2 | 3200 | ₹2,59,200 |
Competitive Strengths
- Wide range of products with the ability to customize.
- In-house manufacturing facility with equipped machines and processes.
- Brand Equity.
- Customer-Centric Business Model.
- Quality assurance.
- Experienced Promoters and management team.
- PAN India Presence / Customer base across geographies.
- No Dependency on single or few customers.
Company Promoters
- Mr. Tarun Manharlal Doshi
- Mr. Dharmendra M Doshi
- Mr. Chirag Manharlal Doshi
Object Of The Issue
- Funding of 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; and
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 14.98 | 13.49 | 1.06 | 5.85 |
| 31 March 2022 | 29.86 | 20.69 | 6.81 | 4.02 |
| 1 March 2023 | 39.80 | 28.95 | 8.06 | 10.85 |
| 30 September 2023 | 18.69 | 12.92 | 4.22 | 24.52 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 18.10 |
| ROCE | 10.38 |
| Debt/Equity | 1.05 |
| RoNW | 18.09% |
| P/BV | 6.15 |
| PAT Margin (%) | 22.62 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.43 | 3.41 |
| P/E (x) | 18.28 | 23.74 |
Yash Optics And Lens IPO Promoter Holding
| Pre Issue Share Holding | 97.45% |
| Post Issue Share Holding | – |
Yash Optics And Lens IPO Prospectus
- Yash Optics And Lens IPO DRHP
- Yash Optics And Lens IPO RHP
Company Contact Information
| 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/ |
Yash Optics And Lens IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Yash Optics And Lens IPO Lead Manager(s)
| 1. Shreni Shares Limited |
Yash Optics And Lens IPO FAQs
| What is Yash Optics And Lens IPO? Yash Optics And Lens IPO is a SME IPO. The issue is priced at ₹75 – ₹81 per equity share. The IPO is to be listed on NSE SME. |
| When Yash Optics And Lens IPO will open? The IPO is to open on 27 March 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Yash Optics And Lens IPO? You can apply for Yash Optics And Lens 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 Yash Optics And Lens IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Yash Optics And Lens”. 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 Yash Optics And Lens IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Yash Optics And Lens”. 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 Yash Optics And Lens IPO Size? Yash Optics And Lens IPO size is ₹53.16 crores. |
| What is Yash Optics And Lens IPO Price Band? Yash Optics And Lens IPO Price Band is ₹75 – ₹81. |
| What is Yash Optics And Lens IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,29,600 amount while the maximum bid is 1600 shares with ₹1,29,600. |
| What is the Yash Optics And Lens IPO Allotment Date? Yash Optics And Lens IPO allotment date is 04 April 2024. |
| What is the Yash Optics And Lens IPO Listing Date? Yash Optics And Lens IPO listing date is 08 April 2024. The IPO is to list on NSE SME. |
