TAC Infosec IPO Subscription Status, Rate

TAC Infosec IPO Subscription Status, Rate
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TAC Infosec IPO Subscription: TAC Infosec IPO is Open on March 27, 2024 and Close on April 2, 2024. TAC Infosec IPO to Raise 2,829,600 Shares (Approx ₹29.99 Cr) via IPO. The Fresh Issue of 2,829,600 Shares (Approx ₹29.99 Cr).

  • The Retail Quota is 35%
  • QIB is 50%
  • NII is 15%.

TAC Infosec IPO is an SME IPO and Listed on NSE SME. TAC Infosec Price Band is Fixed at ₹100 per ₹106 Equity Share. TAC Infosec IPO Lot Size is 1200 Shares.

About TAC Infosec :

TAC Infosec Limited Is Engaged In The Business Of Providing Risk-Based Vulnerability Management And Assessment Solutions, Cybersecurity Quantification And Services Of Penetration Testing To Organizations Of Any Scale, Size, And Business Through “SaaS Model”. Our Company Offers Security Software Products And Solutions Both In India And Internationally.

Our End Customers Are Banks And Financial Institutions, Government Regulatory Bodies And Departments, Large-Scale Enterprises (Including Business Offices) Like HDFC, Bandhan Bank, BSE, National Payments Corporation Of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited And NSDL E-Governance.

We Have Been Successful In Augmenting Our Portfolio Of Solutions Over Time Through Continuous Product Development Which We Believe Is A Key Differentiator Of Our Business Model. As Of September 30, 2023, We Had 56 Employees, Including 33 Employees Who Comprise Our Operational And Product Development Team. Over The Past Five Years, We Have Introduced
A Range Of Solutions Focused On Risk-Based Vulnerability Management, Risk Quantification, And Compliance Assessment

TAC Infosec IPO Subscription Status day-by-day-

Categories 27 Mar 28 Mar 1 April
QIB 2.64 2.67 2.67
NII 6.06 14.08 28.28
RII 16.57 42.17 67.18
Total 10.34 24.86 40.41

 

TAC Infosec IPO Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

 

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

 

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

 

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

 

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