Yash Optics & Lens Debuts with a Bang, Surpasses IPO Price by 11.11%

Yash Optics & Lens debuts on NSE SME at ₹90, marking an 11.11% increase from ₹81 issue price, slightly below the over 17% expected grey market premium.
Yash Optics and Lens-Surge 11 Percent on debut

Yash Optics & Lens made a respectable debut on NSE SME, listing at ₹90 per share, 11.11% above the ₹81 issue price. This listing was slightly lower than expected, with pre-listing grey market predictions suggesting over a 17% premium.

Raising ₹53.15 crore, Yash Optics’ IPO was oversubscribed 42.17 times, with heavy interest across categories: retail (32.46x), QIB (19.88x), and NII (85.27x), against 45.28 lakh offered shares.

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Founded in 2010, Yash Optics & Lens Limited specialises in manufacturing and trading various spectacle lenses, ranging from single-vision to advanced personalised progressives. Catering to diverse market segments, they produce lenses on order and distribute under their brand through various channels.

Yash Optics aims to invest in a new manufacturing unit, enhance current facilities, repay debts, and support working capital needs with the IPO funds, totaling ₹46.10 crores.

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