Yash Optics & Lens Limited IPO GMP Today, Price Range and Company Details

Yash Optics & Lens Limited, with a price range of ₹75 to ₹81 per share, carries a Grey Market Premium of ₹15. It offers lots of 1600 shares & will be open for subscription from March 27 to April 3, 2024.
Yash Optics & Lens Limited IPO GMP Today, Price Range and Company Details

As of now, on March 26th, 2024, Yash Optics & Lens Limited’s IPO boasts a ₹15 Grey Market Premium, with a price range of ₹75 to ₹81 per share. Offering lots of 1600 shares, the subscription window is open from March 27 to April 3.

Trade Intraday, Equity and Commodity in Alice Blue and Save 33.3% Brokerage.

Yash Optics & Lens Limited IPO GMP Today

The Grey Market Premium (GMP) for Yash Optics & Lens Limited’s IPO stands at ₹15 as of March 26, 2024, aligning with the IPO’s price band of ₹75 to ₹81 per share.

Yash Optics & Lens Limited IPO Review

The company exhibits mixed financial trends. Revenue grew consistently until March 2023, reaching ₹3,968.81 lakhs, but notably decreased to ₹1,866.32 lakhs by September 2023, raising concerns about stability. Equity increased steadily, contrasting with a rising debt-equity ratio of 1.05 by September 2023, indicating heightened debt reliance.

Profitability fluctuates, with profit after tax rising to ₹806.58 lakhs by March 2023 but declining to ₹422.52 lakhs by September 2023. Diluted EPS varied from ₹3.85 to ₹4.55 before dropping to ₹2.39, while RoNW plummeted from 61.69% to 18.09%. Despite a rising NAV per equity share, fluctuating current ratios hint at potential liquidity challenges warranting further analysis.

Yash Optics & Lens Limited IPO Date 

Yash Optics & Lens Limited IPO is scheduled to be open for subscription from March 27 to April 3, 2024.

Yash Optics & Lens Limited IPO Price

The price range for Yash Optics & Lends Limited IPO Price is between ₹75 to ₹81 per share with a face value of ₹10 each.

Yash Optics & Lens Limited

Established in 2010, Yash Optics & Lens began by trading spectacle and optical lenses sourced from Indian importers in Mumbai. Expanding their portfolio to include brands like Seto and IRIS, they’ve grown their network across Maharashtra, Gujarat, and Rajasthan. Offering a variety of vision correction solutions, they manufacture, trade, distribute, and supply a comprehensive range of lenses, catering to customers across all price points, based on orders and prescriptions.

How To Apply For Yash Optics & Lens Limited IPO?

To apply for the Yash Optics & Lends Ltd through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Yash Optics & Lens Ltd on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for Yash Optics & Lends Ltd IPO at Alice Blue in just a few clicks!

Loading
Read More News

STOP PAYING

₹ 20 BROKERAGE

ON TRADES !

Trade Intraday and Futures & Options