
Emerging SME Services · NSE
Yash Optics & Lens Limited, founded in 2010, is a premier provider of vision correction solutions in India, specializing in the manufacture, trade, and distribution of high-quality spectacle lenses. Offering a diverse range from single-vision to advanced progressive lenses, including customized options for professional needs, the company has established itself as a trusted name in the optical industry. Yash Optics holds exclusive distribution rights for the renowned "Pentax" brand lenses in India, further strengthening its market presence. With a state-of-the-art manufacturing facility in Kandivali (West), Mumbai, and an extensive nationwide distribution network, the company ensures accessibility to premium eyewear solutions. Backed by over a decade of expertise and a dedicated team of 106 employees as of December 31, 2023, Yash Optics & Lens Limited remains committed to innovation, quality, and excellence in vision care.
Price Band
₹75 – ₹81
Issue Size
₹53.15 Cr
Lot Size
1600 shares
GMP
+17.3%
Est. Listing
₹95
at current GMP
Subscribed
42.07x
overall
Open
27 Mar 2024
Close
3 Apr 2024
Allotment
4 Apr 2024
Refund
5 Apr 2024
Demat Credit
6 Apr 2024
Listing
8 Apr 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
4 Apr 2024
Basis finalization
Refunds Initiate
5 Apr 2024
Mandate release
Demat Credit
6 Apr 2024
Shares in demat
Listing Debut
8 Apr 2024
Trading begins
Yash Optics & Lens Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹53.15 Crores. The shares are offered at a price band of ₹75 to ₹81 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,29,600 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-06, while un-allotted funds or UPI block mandates will be released on 2024-04-05.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.