The Yash Highvoltage IPO is structured as a book-built issue amounting to ₹110.01 crores. The issue consists of a fresh issuance of 64.05 lakh shares and an offer for sale of 11.3 lakh shares.
The subscription for the Yash Highvoltage IPO is scheduled to open on December 12, 2024, and close on December 16, 2024. The allotment is expected to be finalized on Tuesday, December 17, 2024, while listing on BSE SME is tentatively planned for Thursday, December 19, 2024.
The price band for the IPO has been set between ₹138 and ₹146 per share. A minimum lot size of 1,000 shares has been specified, requiring retail investors to invest at least ₹146,000. For HNIs, the minimum investment involves 2 lots (2,000 shares), amounting to ₹292,000.
Get the Yash Highvoltage IPO RHP for detailed information.
| IPO Date | December 12, 2024 to December 16, 2024 |
| Listing Date | December 19, 2024 |
| Face Value | ₹ 5 / Share |
| Price Band | ₹ 138 to ₹ 146 / Share |
| Lot Size | 1000 Shares |
| Total Issue Size | ₹110.01 Cr |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 22,146,249 |
| Share holding post issue | 28,551,249 |
| Market Maker portion | 377,000 shares |
Yash Highvoltage Limited IPO opens on December 12, 2024, and closes on December 16, 2024.
| IPO Open Date | December 12, 2024 |
| IPO Close Date | December 16, 2024 |
| Basis of Allotment | December 17, 2024 |
| Initiation of Refunds | December 18, 2024 |
| Credit of Shares to Demat | December 18, 2024 |
| Listing Date | December 19, 2024 |
| Cut-off time for UPI mandate confirmation | December 16, 2024 |
A minimum bid of 1,000 shares is permitted for investors, with additional bids required in multiples thereof. The table below presents the minimum and maximum investments for retail investors and HNIs, specified in terms of shares and corresponding amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | Rs.146,000 |
| Retail (Max) | 1 | 1,000 | Rs.146,000 |
| S-HNI (Min) | 2 | 2,000 | Rs.292,000 |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 79.48% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Issue |
|
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in June 2002, Yash Highvoltage Limited is recognized for specializing in the manufacturing and distribution of a diverse range of transformer bushings.
The product portfolio offered by the company includes Oil-Impregnated Paper (OIP) condenser bushings, Resin-Impregnated Paper (RIP) and Resin-Impregnated Synthetic (RIS) condenser bushings, high-voltage and high-current bushings, OIP wall bushings, and oil-to-oil bushings. Additionally, services such as repair, retrofitting, and replacement of old bushings are provided.
The manufacturing facility is located in Vadodara, Gujarat, with an annual production capacity of 7,000 bushings. This capacity is distributed across 3,700 units of Oil-Impregnated Paper (OIP) Bushings, 3,000 units of Resin-Impregnated Paper (RIP) Bushings, and 300 units of High Current Bushings. The facility is fully equipped with in-house quality testing capabilities.
| KPI | Values |
|---|---|
| ROE | 32.51% |
| ROCE | 44.07% |
| Debt/Equity | 0.17 |
| RoNW | 32.51% |
| P/BV | 1.07 |
| PAT Margin (%) | 11.12 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.45 | 4.38 |
| P/E (x) | 26.8 | 33.32 |
The net proceeds from the fresh issue, defined as the gross proceeds of the fresh issue less issue expenses apportioned to the company, are proposed to be utilized for the following purposes:
Yash Highvoltage Limited 84/1B PO Khakharia, Taluka-Savli, Vadodara 391510, Phone: +91 74900 28892 Email: cs@yashhv.com Website: https://www.yashhv.com/ |
Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
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