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.
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!