Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Yash Optics Lens IPO
Price Band
₹75.0–81.0
Issue Size
₹53.15 Cr
Lot Size
1,600 shares
Min Investment
₹129,600
GMP
+₹14.0 (17.28%)
Issue Price
₹81.0
Subject to Sauda
₹17000
Paid only if allotted
Yash Optics Lens IPO AI Summary
- Yash Optics Lens IPO is listed on NSE SME in the Diversified consumer products sector.
- Price band: ₹75.0–₹81.0 per share, lot size 1,600 shares (min. investment ₹129,600).
- Subscription window: 27 Mar–03 Apr 2024, listing on 08 Apr 2024.
- Current GMP is +₹14.0 (17.28%), an estimated listing price of ₹95 — unofficial and can change daily.
Yash Optics & Lens Limited is preparing for its IPO with an issue price of ₹81.0 and a lot size of 1600 shares. The company has shown fluctuating revenues and profits in recent periods, and plans to utilize IPO proceeds for various capital expenditures and working capital needs.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Yash Optics Lens IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 03 Apr 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Yash Optics Lens IPO Grey Market Premium (GMP) Today
GMP
+₹14.0
GMP %
+17.28%
Est. Listing
₹95.0
Updated: 25 Jul 2026 14:06
About the Company
Yash Optics & Lens Limited was founded in 2010 and offers a wide range of vision correction solutions. The company is engaged in the manufacture, trading, distribution, and supply of spectacle lenses/optical lenses. The company offers single-vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressive lenses for professionals as well as a wide range of coatings. HOYA Lens India Private Limited has appointed the company as the exclusive distributor for the sale, marketing and distribution of "Pentax" brand lenses in India. The company's manufacturing facility is located in Kandivali (West), Mumbai. The company has an India-wide presence and distribution network for the domestic market. As of December 31, 2023, the company employed over 106 people.
Company Financials (₹ Cr)
As of 2023-09-30
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 54.13 | 34.14 | 24.45 | 12.15 |
| Total Income | 18.69 | 39.80 | 29.86 | 14.98 |
| Profit After Tax | 4.23 | 8.07 | 6.82 | 1.06 |
| NET Worth | 23.34 | 19.12 | 11.05 | 4.27 |
| Reserves and Surplus | 23.33 | 19.11 | 11.04 | 4.26 |
| Total Borrowing | 24.53 | 10.86 | 4.02 | 5.85 |
Key Ratios
EPS
₹4.43
NAV
₹13.18
ROE
18.10%
ROCE
10.38%
RoNW
18.09%
P/B Value
6.15
P/E Ratio
18.28
Market Cap
₹200.60 Cr
PAT Margin
22.62%
Debt/Equity
1.05
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Gkb Ophthalmics Ltd. | 5.46 | -10.47% | -16.58 | -5.72 | -5.72 |
| Yash Optics & Lens Limited This IPO | 10.79 | 42.2% | — | 4.55 | 4.55 |
Promoters
Tarun Manharlal Doshi, Dharmendra M Doshi and Chirag Manharlal Doshi
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of Capital expenditure for setting up a manufacturing unit for backward integration 18.25 2 Purchase of Plant and Machinery at existing manufacturing unit 11.86 3 Repayment/ prepayment of certain borrowings availed by our Company 6.00 4 Funding Working Capital Requirements of our Company and 10.00 5 General corporate purposes 3.78
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹39.80 Cr in the year ending 31 Mar 2023, decreasing to ₹18.69 Cr by 30 Sep 2023. This is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹8.07 Cr for the year ending 31 Mar 2023, dropping to ₹4.23 Cr as of 30 Sep 2023. Again, this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before its official listing. A positive GMP suggests that investors are willing to pay more than the issue price, reflecting demand in the grey market.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment goals. It's important to consider the company's financial health and market conditions.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid IPOs like this, which can be subject to significant price fluctuations and uncertainty.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may see a rise in share price on their first day of trading, others may not. Investors should be aware of the inherent risks and volatility associated with trading on listing day.
This evaluation is generated from Yash Optics Lens's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Yash Optics Lens IPO GMP today?
Yash Optics Lens IPO GMP today is +₹14.0 (17.28%), indicating an estimated listing price of ₹95. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Yash Optics Lens IPO?
The price band of Yash Optics Lens IPO is ₹75.0–₹81.0 per share.
When does Yash Optics Lens IPO open and close?
Yash Optics Lens IPO opens on 27 March 2024 and closes on 03 April 2024.
When does Yash Optics Lens IPO list on the stock exchange?
Yash Optics Lens IPO listed on 08 April 2024 at ₹95.0.
What is the lot size for Yash Optics Lens IPO?
The lot size for Yash Optics Lens IPO is 1600 shares, requiring a minimum investment of ₹129,600.
What is the lot size for this IPO?
The lot size for Yash Optics Lens IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹129,600.
What is the price band for the IPO?
The price band for the IPO is between ₹75.0 and ₹81.0.
When is the listing date for the IPO?
The listing date for the IPO is set for April 8, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium of the IPO shares over the issue price in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
27 Mar 2024
Close
03 Apr 2024
Allotment
04 Apr 2024
Listing
08 Apr 2024
Similar IPOs in Diversified consumer products
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Yash Optics Lens?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.