TAC Infosec Limited IPO

TAC Infosec Limited was founded in 2016 and offers risk-based solutions for vulnerability management and assessment, cyber security quantification and penetration testing in a SaaS model.

The company’s clients include banks and financial institutions, government regulators and departments,

large enterprises (including corporate offices) such as HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited and NSDL e-Governance.

As of September 30, 2023, the company had 56 employees, 33 of whom worked in operations and product development

 

TAC Infosec Limited Financial Information (Restated)

TAC Infosec Limited’s revenue increased by 93.7% and profit after tax (PAT) rose by 735.05% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,213.02977.65496.45404.00
Revenue531.101,014.28523.63516.49
Profit After Tax194.85507.2960.7561.13
Net Worth962.90768.05260.75200.00
Reserves and Surplus917.90723.05215.75155.00
Total Borrowing27.6835.9389.0622.29
Amount in ₹ Lakhs

Objects of the Issue (TAC Infosec IPO Objectives)

The Object of the Issue will be utilized towards the following objects:

  1. Acquisition of TAC Security Inc (Delaware, USA) and making it a Wholly Owned Subsidiary thereon,
  2. Investment in Human resources and Product Development, and
  3. General Corporate Purposes.

TAC Infosec IPO Timeline (Tentative Schedule)

TAC Infosec IPO opens on March 27, 2024, and closes on April 2, 2024.

IPO Open DateWednesday, March 27, 2024
IPO Close DateTuesday, April 2, 2024
Basis of AllotmentWednesday, April 3, 2024
Initiation of RefundsThursday, April 4, 2024
Credit of Shares to DematThursday, April 4, 2024
Listing DateFriday, April 5, 2024
Cut-off time for UPI mandate confirmation5 PM on April 2, 2024

SHARIAH SCREENING for - TAC Infosec Limited IPO

BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in

Spread the Knowledge - Share the Latest IPO Updates and Shariah Compliant IPO's.

Latest Current & Upcoming IPOs in BSE & NSE - Including Shariah Compliant.

The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.

IPO

Rulka Electricals Limited IPO Detail

Last Updated on May 14, 2024 Rulka Electricals Limited IPO Founded in May 2013, Rulka Electricals Limited is an electrical and Fire-Fighting solutions company. The company offers various services, including

Read More »

Dear Halal Stock Users,

If you believe our website is a valuable resource,
we invite you to support us.
Your contribution ensures free access for all
and fuels future development.

You can contribute as little as
100, 200, 500 & so…
every bit counts.

Thank you for your support!