Shares of TAC Infosec hit a new high on Monday and closed at ₹1204, up 2%.
The shares have given impressive returns of over 1000% in the last 9 months, making it an attractive option for investors.
The market cap of the company has crossed ₹ 1260 crore.
1037% increase in 9 months
- IPO Details:
- TAC Infosec’s IPO was launched on 27 March 2024 and remained open till 2 April 2024.
- The issue price of the IPO was fixed at ₹106 per share.
- Bullish data:
- On 23 December 2024, the company’s shares closed at ₹1204.
- This is an increase of 1037% compared to the issue price of ₹106.
- Platform:
- The company’s shares are listed on the SME platform of the National Stock Exchange (NSE).
Veteran investor Vijay Kedia’s big bet
Vijay Kedia has invested heavily in TAC Infosec.
- Stake Details:
- Vijay Kedia:
- 11,47,500 shares (10.95%) in personal portfolio.
- Ankit Kedia (son):
- 3,82,500 shares (3.65%) in the portfolio.
- Vijay Kedia:
- Total stake:
- Kedia family holds a total of 15,30,000 shares.
Bumper subscription of IPO
TAC Infosec’s IPO made headlines with record-breaking subscription.
- Total Subscription:
- The IPO was subscribed 422.03 times.
- Category-wise subscription:
- Retail investors: 433.8 times.
- Non-Institutional Investors (NII): 768.89 times.
- Qualified Institutional Buyers (QIB): 141.29 times.
TAC Infosec: Company Business and Achievements
TAC Infosec is a fast growing company, which operates in the technology and infosector sector.
- Market Cap:
- Currently ₹1260 crore.
- Share Performance:
- Has been successful in attracting investors, especially on the SME platform.
A strong option for investors
TAC Infosec’s strong performance makes it an attractive option for investors.
- The success of the IPO and the rise in shares show that the company has won the trust of investors.
- The stake of veteran investors like Vijay Kedia makes it stronger.
