TAC Infosec Limited IPO
The Company was Incorporation in year 2016 and founders are Mr. Trishneet Arora and Mr. Charanjit Singh. Experience of over a decade of combined expertise in cybersecurity and vulnerability management, further bolstered by a knowledgeable Board of Directors and Key Managerial Personnel (KMP).
Core Business in sector Cybersecurity and vulnerability management and business model is Software as a Service (SaaS) and primary offerings is risk-based vulnerability management, cybersecurity quantification, penetration testing, and a suite of security software products and solutions.
Target Market
Clientele: Banks, financial institutions, government bodies, large enterprises, with notable clients including HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited, and NSDL e-Governance.
Flagship Product: ESOF (Enterprise Security in One Framework)
Launch Year: 2018
Components: ESOF Appsec, ESOF VMP, ESOF VACA, ESOF PCI ASV, ESOF CRQ
Applications: Comprehensive vulnerability management for web and application-based data, compliance assessment, cyber risk quantification.
Methodology
Vulnerability Management: Continuous process of identification, assessment, prioritization, mitigation, and remediation of vulnerabilities across an organization’s IT infrastructure.
Risk-Based Vulnerability Management (RBVM): Prioritization of vulnerabilities for remediation based on the level of risk, enhancing efficiency and effectiveness in cybersecurity processes.
Unique Features of ESOF
Vulnerability Assessment Mechanism: Advanced scanning and identification of potential security loopholes, coupled with optimal configuration assessment.
Auto-Prioritization: Utilization of advanced algorithms to rank vulnerabilities based on severity, potential impact, and exploitability.
Additional Services: Asset Tiering, Business Unit Regrouping, and Cyber score services, providing a strategic approach for senior management and board members.
Strategic Position
Their company is positioned as a leader in providing advanced cybersecurity solutions. The comprehensive ESOF platform not only addresses the technical aspects of cybersecurity but also aligns with strategic management objectives. By prioritizing risk and implementing a robust vulnerability management framework, their organization is enabling clients to navigate the complexities of cybersecurity, ensuring their IT infrastructures are resilient against threats.
This overview highlights your firm’s commitment to innovation, strategic growth, and leadership in cybersecurity, making it a valuable partner for organizations looking to secure their digital assets and operations.
Objects of the TAC Infosec Limited IPO:
TAC Infosec Limited IPO Details:
Open Date: | Mar 27 2024 |
Close Date: | Apr 02 2024 |
Total Shares: | 2,829,600 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 29.99 Cr. |
Lot Size: | 1200 Shares |
Issue Price: | ₹ 100 - 106 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Apr 05 2024 |
Promoters And Management:
Financials of TAC Infosec Limited IPO:
Particulars ( In Lakhs ) |
2021 |
2022 |
2023 |
6M-FY24 |
Revenue from Operations | 504 | 511 | 1,000 | 502 |
Other Income | 12 | 13 | 14 | 29 |
Total Revenue | 516 | 524 | 1,014 | 531 |
Employees Benefit Expenses | 233 | 263 | 128 | 212 |
Other Expenses | 193 | 145 | 344 | 103 |
EBITDA | 91 | 115 | 542 | 217 |
Depreciation & Amortisation | 4 | 19 | 25 | 13 |
Finance Cost | 2 | 10 | 9 | 2 |
EBIT | 87 | 95 | 518 | 204 |
OPM (%) | 17.54% | 21.91% | 53.48% | 40.79% |
PBT | 85 | 85 | 509 | 202 |
Tax | 23 | 25 | 2 | 7 |
PAT | 61 | 61 | 507 | 195 |
NPM (%) | 11.84% | 11.60% | 50.01% | 36.69% |
No.of Shares | 104.79 | 104.79 | 104.79 | 104.79 |
EPS | 0.58 | 0.57 | 4.84 | 1.85 |
Comparison With Peers:
Name of the Company | Revenue (In Crore) | PAT (In Crore) | EPS ( in Rs) | P/E | CMP | Mcap (In Crore) |
TAC Infosec Limited | 10 | 5 | 4.84 | 21.9 | 106 | 111 |
Dev Information Technology Limited | 124 | 9 | 4.06 | 26.4 | 101 | 224 |
Infobeans Technologies Limited | 385 | 36 | 14.83 | 51.5 | 381 | 926 |
Sigma Solve Limited | 55 | 15 | 9.63 | 24.1 | 383 | 394 |
Lead Manager of TAC Infosec Limited IPO:
Registrar of TAC Infosec Limited IPO:
Company Address:
Discussion on TAC Infosec Limited IPO:
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