TAC Infosec IPO

TAC Infosec Ltd IPO

TAC Infosec Ltd. announces INR 29.99 Cr IPO with 6.80 lakh fresh shares. Funds to be used for TAC Security Inc acquisition & product development.

TAC Infosec IPO

Important Details

Date: Mar 27 to April 2, 2024 Listing Date: April 5, 2024 Price: INR 100 to 106 per share Lot Size: 1200 Shares Total Issue Size: INR 29.99cr

TAC Infosec IPO

Fundamental Analysis

TAC Infosec IPO shows mixed performance, revenue fluctuates, but profitability improves. Strong equity and reduced debt make it an attractive investment opportunity.

TAC Infosec IPO

Peer Comparison

TAC Infosec Ltd leads in RoNW (66.05%) & EPS (₹6.63) among peers, followed by Infobeans Technologies (RoNW: 15.38%, EPS: ₹15.19). Dev Info Tech and Sigma Solve have lower figures.

TAC Infosec IPO

Objective

TAC Infosec's IPO targets acquiring TAC Security Inc (Delaware, USA) with INR 10 crores, boosting global reach, and investing INR 18.65 crores in HR & product development.

TAC Infosec IPO

Risks And Challenges

TAC Infosec faces risks from lack of innovation, licensing issues with third-party software, and reliance on a single customer for revenue and profitability.

TAC Infosec IPO

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