
Emerging SME Services · NSE
TAC Infosec Limited, founded in 2016, has rapidly positioned itself as a trusted provider of risk-based cybersecurity solutions, offering vulnerability management, assessment, cybersecurity quantification, and penetration testing through a Software as a Service (SaaS) model. Serving a prestigious clientele that includes HDFC, Bandhan Bank, BSE, NPCI, DSP Investment Managers, Motilal Oswal, and NSDL e-Governance, the company has earned a strong reputation across banking, finance, and government sectors. With a team of 56 professionals as of September 30, 2023—33 of whom focus on operations and product development—TAC Infosec remains dedicated to innovation, ensuring robust digital security solutions to combat evolving cyber threats.
Price Band
₹100 – ₹106
Issue Size
₹29.99 Cr
Lot Size
1200 shares
GMP
+106.6%
Est. Listing
₹219
at current GMP
Subscribed
421.96x
overall
Open
27 Mar 2024
Close
2 Apr 2024
Allotment
3 Apr 2024
Refund
4 Apr 2024
Demat Credit
5 Apr 2024
Listing
5 Apr 2024
Overall Subscription
421.96x
Total Demand
QIB Multiplier
141.29x
Institutions & Funds
NII / HNI
769.18x
High Net-Worth
Retail (RII)
433.54x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 537,600 | 75,956,400 | 141.29x |
| NIB | 403,200 | 310,134,000 | 769.18x |
| RETAIL | 940,800 | 407,877,600 | 433.54x |
| Total | 1,881,600 | 793,968,000 | 421.96x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 825 | 357,671 | 433.54x |
| HNIs (10L +) | 5 | 3,846 | 769.18x |
| HNIs (2-10L) | 25 | 19,230 | 769.18x |
| Total Applications | 855 | 380,747 | 445.32x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
TAC Infosec Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹29.99 Crores. The shares are offered at a price band of ₹100 to ₹106 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,27,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-05, while un-allotted funds or UPI block mandates will be released on 2024-04-04.
The latest Grey Market Premium (GMP) for TAC Infosec Limited IPO is ₹113 per equity share. Based on the upper price band of ₹100 to ₹106 per equity share, the estimated listing price is ₹219 (+106.6% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹113, the expected profit per application lot is approx ₹1,35,600 (+106.6% gain). Minimum application cost is approx ₹1,27,200.
The TAC Infosec Limited IPO aggregate issue size is ₹29.99 Crores with an equity price band set at ₹100 to ₹106 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,27,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 421.96x (Retail: 433.54x, QIB: 141.29x, NII: 769.18x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-04-03. Investors can verify status using PAN card or application number.
TAC Infosec Limited shares are scheduled to list on NSE on 2024-04-05.