TAC Infosec IPO GMP Today: Last Day To Apply! Check Subscription Status, Allotment Date And Other Details (image source: Canva)
TAC Infosec IPO GMP Today: The initial public offering (IPO) of TAC Infosec subscription window opened on March 27 and is scheduled to close Today i.e. April 02, 2024. The TAC infosec IPO has received an overwhelming response from investors. For interested investors, today is the last day to apply for IPO. Check the latest GMP, price band, minimum investment, allotment and other details here.
TAC Infosec IPO Subscription Status
The TAC Infosec IPO witnessed a subscription rate of 70.12 times, in the retail category, the public issue was oversubscribed by 116.37 times, In the Qualified Institutional Buyer (QIB) category, the subscription rate stood at 2.67 times, while in the Non-Institutional Investor (NII) category, it reached 52.13 times by April 1, 2024 (Day 3) of the subscription period.
TAC Infosec IPO GMP Today: Check Latest GMP
According to multiple unlisted market tracking websites. The grey market price (GMP) of TAC Infosec priced at Rs 125 per share.
TAC Infosec IPO Issue Size
TAC Infosec IPO is a book-built issue valued at Rs 29.99 crores, comprising an entirely fresh issuance of 28.3 lakh shares.
TAC Infosec IPO Subscription Window Opening Date
TAC Infosec IPO subscription window opens on March 27, 2024,
TAC Infosec IPO Subscription Window Closing Date
TAC Infosec IPO will remain open for seven days and closes on April 2, 2024.
TAC Infosec IPO Price Band
TAC Infosec IPO price band is set at Rs 100 to Rs 106 per share.
TAC Infosec IPO Lot Size And Minimum Investmnet
The minimum lot size for TAC Infosec IPO application is 1200 shares, with a corresponding minimum investment of Rs 1,27,200 for retail investors. High Net Worth Individuals (HNI) need to apply for a minimum lot size requirement of 2 lots (2,400 shares), amounting to Rs 2,54,400.
TAC Infosec IPO Allotment Date
The allotment of the TAC Infosec IPO is anticipated to be finalised on Wednesday, April 3, 2024.
TAC Infosec IPO Listing Date
TAC Infosec IPO is scheduled to list on the NSE SME platform, with a tentative listing date set for Friday, April 5, 2024.
TAC Infosec IPO Registrar And Book Running Lead Manager
Beeline Capital Advisors Pvt Ltd serves as the book-running lead manager for the TAC Infosec IPO, overseeing the offering process and facilitating investor engagement. Meanwhile, Skyline Financial Services Private Ltd has been appointed as the registrar for the issue, Spread X Securities is the market maker for the TAC Infosec IPO.
About TAC Infosec
TAC Infosec Limited was founded in 2016, and provides risk-based solutions for vulnerability management and assessment, cyber security quantification, and penetration testing in a Software as a Service (SaaS) model. Its clientele includes prominent entities such as banks, financial institutions, government regulators and departments, and large enterprises like HDFC, Bandhan Bank, BSE, and NSDL e-Governance. As of September 30, 2023, the company boasted a workforce of 56 employees, with 33 dedicated to operations and product development.
