Business Standard

TAC Infosec Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

29.99 cr

Price Range (₹)

106

Lot Size

1200

Min Investment (₹)

1,27,200.00

Listing Exchange

NSE - SME

Open Date

27-Mar-2024

Close Date

02-Apr-2024

Listing Date

05-Apr-2024

TAC Infosec Ltd News

    The Shares of TAC Infosec Ltd have now been listed.

    TAC Infosec Ltd IPO Details

    Initial public issue of 2829600 equity shares of face value of Rs. 10/- each of Tac Infosec Limited (TIL or the Company or the Issuer) for cash at a price of Rs. 106/- per equity share including a share premium of Rs. 96/- per equity share (the Issue Price) aggregating to Rs. 29.99 crores (The Issue), of which 141600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 106/- per equity share including a share premium of Rs. 96/- per equity share aggregating to Rs. 1.50 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 2688000 equity shares of face value of Rs. 10/- each at a price of Rs. 106/- per equity share including a share premium of Rs. 96/- per equity share aggregating to Rs. 28.49 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.00% and 25.65%, respectively, of the post issue paid up equity share capital of the company.

    Objective of issue

    Acquisition of TAC Sceurity Inc (Delaware USA) and making it wholly owned subsidiary theron. Investment in human resources and product development. General corporate purposes.

    TAC Infosec Ltd Contact Details

    TAC Infosec Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - company.secretary@tacsecurity.com

    Website - www.tacsecurity.com