Yash Highvoltage IPO
GMP, Subscription, Price, Dates & Financial Details
Yash Highvoltage Limited is a company specializing in the manufacturing and distribution of various transformer bushings, including Oil Impregnated Paper (OIP) and Resin Impregnated Paper (RIP) condenser bushings, as well as high-voltage and high-current bushings. The company also provides services…
Open Date
Thu, 12 Dec 2024
Close Date
Mon, 16 Dec 2024
Price Band
₹ 138 – 146
Lot Size
1000
Issue Size
₹ 110.01 Cr
Minimum Investment
₹ 292,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Yash Highvoltage IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹110.01 Crore, comprising a fresh issue of 64.05 Lakh equity shares aggregating to ₹93.50 Crore and an offer for sale (OFS) of 11.30 Lakh equity shares aggregating to ₹16.50 Crore by the existing shareholders.
The Yash Highvoltage IPO remained open for subscription from December 12, 2024, to December 16, 2024. The basis of allotment was finalized on December 17, 2024, and the company's shares were listed on BSE SME Platform on December 19, 2024.
The company had fixed the price band at ₹138 to ₹146 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹292,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Indorient Financial Services Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Yash Highvoltage Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Yash Highvoltage IPO Timeline (Tentative)
- IPO Open Date
- Thu, 12 Dec 24
- IPO Close Date
- Mon, 16 Dec 24
- Basis of Allotment
- Tue, 17 Dec 24
- Initiation of Refunds
- Wed, 18 Dec 24
- Credit of Shares to Demat
- Wed, 18 Dec 24
- Listing Date
- Thu, 19 Dec 24 — NSE & BSE
Open Date
12 December 2024
Close Date
16 December 2024
Basis Of Allotment
17 December 2024
Listing Date
19 December 2024
IPO Subscription
Check Live Subscription →The Yash Highvoltage IPO has received bids for 91,16,70,000 shares against 50,12,000 shares offered, resulting in an overall subscription of 181.9x. the NII category is subscribed 330.38x, Retail Investors 151.51x, and QIBs 123.7x.
QIB
123.7x
NII
330.38x
RII
151.51x
Total
181.9x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 25,06,000 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 14,32,000 shares (0%), while Non-Institutional Investors (NIIs) receive 10,74,000 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 2,146,000 | 0% |
| Market Maker | 377,000 | 0% |
| Qualified Institutions | 1,432,000 | 0% |
| Non-Institutional | 1,074,000 | 0% |
| Retail Investors | 2,506,000 | 0% |
| Total | 7,535,000 | 0% |
Financials Details(₹ in Crores)
| Particular | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 8084.36 | 7039.29 | 5914.59 | 4315.83 |
| Revenue | 2777.84 | 10912.25 | 9061.15 | 6537.9 |
| Profit After Tax | 312.75 | 1206.27 | 1142.22 | 871.23 |
| Net Worth | 4526.2 | 4213.45 | 3208.21 | 2450.65 |
| Reserve & Surplus | 3787.99 | 3905.86 | 2900.62 | 2143.06 |
| Total Borrowings | 1256.97 | 707.64 | 777.6 | 744.49 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Yash Highvoltage Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 32.51 |
| ROCE % | 44.07 |
| Debt / Equity | 0.17 |
| RoNW % | 32.51 |
| PbW | 1.07 |
| Pat Margin % | 11.12 |
Peers Comparison
No Peer Comparision Available
About Yash Highvoltage Limited
Yash Highvoltage Limited is a company specializing in the manufacturing and distribution of various transformer bushings, including Oil Impregnated Paper (OIP) and Resin Impregnated Paper (RIP) condenser bushings, as well as high-voltage and high-current bushings. The company also provides services for the repair, retrofitting, and replacement of old bushings, along with on-site and off-site technical testing and analysis.
Founded in 2002 as Yash Highvoltage Insulators Private Limited, it was acquired by Mr. Keyur Shah in 2008, who transformed the company into a successful business. In 2018, the company was converted to a limited company and renamed Yash Highvoltage Limited. Based in Vadodara, Gujarat, it operates a manufacturing facility with an annual capacity of producing 7,000 bushings, which include OIP, RIP, and high-current bushings.
The company plays a crucial role in the power transmission industry, as transformer bushings are vital components for safely transmitting power through transformers. They provide insulation for current-carrying conductors and ensure safe operation by preventing breakdowns. Yash Highvoltage bushings also support voltage insulation, mechanical stability, thermal management, and environmental safety. They are designed to meet strict national and international standards, ensuring reliable performance in various power systems.
The company’s manufacturing facility spans 65,000 square feet, with additional space for storage, warehousing, and other operational needs. Yash Highvoltage is an approved vendor for multiple Indian government enterprises and large private companies in the power sector.
Yash Highvoltage IPO Promoters
- Mr. Keyur Girishchandra Shah
Promoters Holding
Holding Pre Issue
79.48%
Holding Post Issue
0.00%
Yash Highvoltage IPO Objective
The Net Proceeds of the Fresh Issue, i.e. Gross Proceeds of the Fresh Issue less Issue expenses apportioned to the Company ("Net Proceeds") are proposed to be utilised for the following objects:
- Setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings
- General Corporate Purposes
Yash Highvoltage Limited Address / Contact Details
Yash Highvoltage Limited
84/1B, PO Khakharia,
Taluka- Savli, Vadodara
391510, Gujarat
Phone: +91 74900 28892
Email: cs@yashhv.com
Website: https://www.yashhv.com/
IPO Snapshot
Yash Highvoltage IPO Lot Size
The Yash Highvoltage IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,46,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,46,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 146,000.00 |
| Retail (Max) | 1 | 1,000 | 146,000.00 |
| S-HNI (Min) | 2 | 2,000 | 292,000.00 |
Issue Reservation
Book Running Lead Managers
- Indorient Financial Services Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Yash Highvoltage IPO?
Yash Highvoltage IPO is a Book-building IPO with a total issue size of ₹110.01 crore. The Yash Highvoltage IPO price band is ₹138 to 146 per share. The Yash Highvoltage IPO subscription opens on Thu, Dec 12, 2024, and closes on Mon, Dec 16, 2024. The Yash Highvoltage IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Yash Highvoltage IPO.
When will the Yash Highvoltage IPO open for subscription?
The Yash Highvoltage IPO opens on Thu, Dec 12, 2024 and closes on Mon, Dec 16, 2024
What is Yash Highvoltage IPO Price Band?
Yash Highvoltage IPO Price Band is ₹138 to 146 per share.
What is Yash Highvoltage IPO Lot Size?
Yash Highvoltage IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹292000 based on the upper price band
What is the minimum investment for Yash Highvoltage IPO?
The minimum investment for Yash Highvoltage IPO is ₹292000, based on one lot of 1000 shares at the upper price band of ₹146 per share.
How to apply for Yash Highvoltage IPO?
Investors can apply for the Yash Highvoltage IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Dec 16, 2024. The application amount remains blocked until the Yash Highvoltage IPO allotment is finalized.
What is Yash Highvoltage IPO Issue Size?
Yash Highvoltage IPO issue size is ₹110.01 crores.
What is the Yash Highvoltage IPO Allotment Date?
Yash Highvoltage IPO allotment date is Tue, Dec 17, 2024.
Who is the Yash Highvoltage IPO Registrar?
The registrar for Yash Highvoltage IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Yash Highvoltage IPO allotment status, refund processing, and other IPO-related information.
What is the Yash Highvoltage IPO GMP?
The Yash Highvoltage IPO GMP (Grey Market Premium) is ₹152 as of Thu, Dec 19, 2024. Based on the upper price band of ₹146 per share, the estimated Yash Highvoltage IPO listing price is ₹298, indicating a potential listing gain of approximately 104.11% over the issue price.
Who is the Yash Highvoltage IPO Lead Manager?
The book-running lead managers (BRLMs) for the Yash Highvoltage IPO are Indorient Financial Services Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Yash Highvoltage IPO Red Herring Prospectus (RHP).