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Aditya Birla Money Limited

Aditya Birla Money Limited

TAC Infosec Ltd

Symbol : TAC | BSE Code : 92785 | Sector : COMPUTERS - SOFTWARE - MEDIUM / SMALL

519.8047.25 (10.00%)
30-Apr-2024 | 11:25
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Market Cap (₹ Cr.)

495.21
Today’s High / Low
519.80
473.00
52 Week High / Low
576.90
261.10
OVERVIEW
  • Open
  • 473.00
  • Prev. Close
  • 472.55
  • High
  • 519.80
  • Low
  • 473.00
  • Market Cap (₹ Cr.)
  • 495.21
  • 52 Week High
  • 576.90
  • 52 Week Low
  • 261.10
  • Traded Volume (Lacs)
  • 73,200
  • Traded Value (Cr)
  • Dividend Yield
  • 0.00
  • Face Value
  • 10.00
  • EPS
  • 4.84
  • P/E
  • 97.63
  • Beta (1 year)
  • 1.02
LAST 5 DAYS

1 YEAR RETURN - UNDERPERFORMED THE SENSEX BY %

1 YEAR RETURN - UNDERPERFORMED THE SENSEX BY %

  • Stock Absolute
  • 1.39
  • 0.89
  • 21.70
  • 50.04
  • 91.31
  • Returns
  • 1W
  • 1M
  • 1Y
  • 3Y
  • 5Y
  • Sensex Absolute
NEWS

NSE SME TAC Infosec encrypts success with stellar debut

05-Apr-2024

The scrip was listed at Rs 290, a premium of 173.58% compared with the initial public offer (IPO) price. The stock is currently stuck at an upper limit of 5% over its listing price.

The counter hit a high of Rs 304.50 and a low of Rs 290. About 13.62 lakh shares of the company changed hands at the counter.

TAC Infosec's IPO was subscribed 281 times. The issue opened for bidding on 27 March 2024 and it closed on 2 April 2024. The price band of the IPO was fixed at Rs 100 to Rs 106 per share.

The IPO comprised fresh issue of 28,29,600 equity shares. The promoter and promoter group shareholding diluted to 56.94% from 78% pre-IPO.

The company intends to utilise the net proceeds for acquisition of TAC Security Inc (Delaware, USA) and making it wholly owned subsidiary thereon, investment in human resources and product development and general corporate purpose.

Ahead of the IPO, TAC Infosec on 26 March 2024, raised Rs 8.54 crore from anchor investors. The board allotted 8.06 lakh shares at Rs 106 per share to 5 anchor investors.

TAC Infosec is a cybersecurity company offering risk management, assessment, and penetration testing services (SaaS model). Their clients include banks, government agencies, and large enterprises. Their flagship product, ESOF, is a vulnerability management platform with a variety of tools for web applications, data, compliance, and risk assessment. As of September 2023, they have 56 employees.

The company recorded revenue from operations of Rs 5.02 crore and net profit of Rs 1.94 crore for the period as on 30 September 2023.

05
Apr

NSE SME TAC Infosec encrypts success with stellar debut



FINANCIAL DATA

In Cr.

Mar 2023Mar 2022Mar 2021
SOURCES OF FUNDS :   
Share Capital 0.450.450.45
Reserves Total 7.232.161.55
Equity Share Warrants0.000.000.00
Equity Application Money0.000.000.00
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Mar 2023Mar 2022Mar 2021
INCOME :   
Sales Turnover 10.005.115.04
Excise Duty0.000.000.00
Net Sales10.005.115.04
Other Income 0.140.130.12
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Category No. Of Shares Percentage (%)
Total Foreign 1038000 9.91
Total Institutions 234000 2.23
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 238800 2.28
Total Promoters 5967000 56.94
Total Public & others 3,001,800.00 28.64
Total 100.00 100.00
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CORPORATE ACTIONS
Record Date Ex-Bonus Date Ratio
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No Data Available!!!
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Record Date Split Date Face Value Before Face Value After
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No Data Available!!!
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ANNOUNCEMENT DATE EX DIVIDEND DATE DIVIDEND (%) DIVIDEND TYPE
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No Data Available!!!
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PREMIUM (₹) RATIO RECORD DATE EX RIGHTS DATE
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No Data Available!!!
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FROM DATE EX TO DATE AGENDA
05-04-2024 NA Sub: Listing of Equity Shares ...
NA NA TAC Infosec Limited has inform...
NA NA Significant movement in price ...
NA NA Sub: Trade for Trade - TAC Inf...
NA NA Sub: Trade for Trade - TAC Inf...
COMPANY INFO

TAC Infosec Ltd was originally incorporated as TAC Infosec Private Limited' as a Private Company, vide Certificate of Incorporation dated August 01, 2016, issued by the Registrar of Companies, Central Registration Centre. Subsequently, Company was converted to Public Limited Company and consequently, the name of Company was changed to 'TAC Infosec Limited' and a fresh Certificate of Incorporation dated December 29, 2023 was issued to Company by the Registrar of Companies-Chandigarh.

TAC Infosec is 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'. The Company offers security software products and solutions both in India and internationally. Their 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.

The flagship software product, ESOF (Enterprise Security in One Framework) was launched in 2018. ESOF is a vulnerability management platform consisting of various product portfolio namely ESOF Appsec, ESOF VMP, ESOF VACA, ESOF PCI ASV, ESOF CRQ. All the products launched under ESOF Platform find applications from vulnerability management solutions for web and application-based data, compliance assessment, and cyber risk quantification.

Vulnerability Management is continuous process of identifying, assessing, prioritizing, mitigating, and remediating the vulnerabilities across the complete Information Technology infrastructure of the organization. Cybersecurity of the organizations is monitored in real-time and remediated to avoid attacks, this activity is often overseen by organizations through vulnerability management to

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