Yash Highvoltage IPO - AstroIPO

Yash Highvoltage IPO


December 9, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Yash Highvoltage Ltd. has announced its IPO with subscriptions starting December 12, 2024. This Heavy Electrical Equipment company sets its IPO price band at ₹138 – ₹146 per share, targeting to raise ₹110.01 crores through its public offering.

The IPO structure includes a fresh issue of 6,405,000 lakh shares (₹93.51 crores) and an offer for sale of 1,130,000 shares (₹16.5 crores). People can apply for a minimum lot of 1000 shares, requiring ₹146,000 at the upper price band. Each share has a face value of ₹5.

The IPO remains open until December 16, 2024, and will list on BSE. Through this book-built issue, the company plans to offer a total of 7,535,000 shares to the public.

Yash Highvoltage IPO Details

The key details of Yash Highvoltage’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹110.01 Cr
Price Range ₹138 - ₹146
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 1000
Investment (cut-off price) ₹1,46,000
Pre IPO Promotor Holding 79.48%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Yash Highvoltage IPO Timelines

The IPO process for Yash Highvoltage includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

12/12/2024
Start Date
16/12/2024
End Date
17/12/2024
Allotment Date View Status
18/12/2024
Refund Initiation
18/12/2024
Credit of Shares to Demat Ac
19/12/2024
Listing Date

Yash Highvoltage IPO Lot Size

The Yash Highvoltage IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹146 per share, requiring ₹146,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹292,000.

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹1,46,000
Retail Maximum 1 1000 ₹1,46,000
S-HNI Minimum 2 2000 ₹2,92,000

Yash Highvoltage IPO Subscription Status

The subscription status for Yash Highvoltage IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
123.70x 330.03x 151.52x -- 181.82x

IPO Performance on Listing Day

On the listing day (December 19, 2024), Yash Highvoltage made a remarkable debut on the stock exchange. The stock opened at ₹277.4, delivering a stellar premium of 90% over its issue price of ₹146.

The stock maintained strong momentum throughout the trading session, touching a high of ₹291.25. Notably, the scrip didn’t dip below its opening price of ₹277.4, demonstrating robust investor confidence. The shares closed at ₹291.25, locking in an impressive gain of 99.5% over the issue price, making it one of the strong listing day performers of December 2024.

Opening Price Closing Price Day High Day Low
₹277.4 ₹291.25 ₹291.25 ₹277.4

Yash Highvoltage IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹65.06 ₹52.96 ₹8.71
FY 2023 ₹90.36 ₹74.38 ₹11.42
FY 2024 ₹108.48 ₹92.63 ₹12.06
FY 2025 (3 M) ₹27.63 ₹23.47 ₹3.13

About Company

Yash Highvoltage Ltd. (YASH), established in 2002, is a leading ISO 9001-certified Indian manufacturer of high-voltage and extra-high-voltage transformer bushings, with over 35,000 units performing globally. Catering to the upper segment of the power transformer industry, YASH delivers innovative, world-class products to support both power generation and transmission. With a capacity of over 7,000 bushings annually, the company has built a strong reputation for providing customized, high-quality solutions to industries and utilities in India and abroad, earning recognition as a reliable partner in the global power sector.

Guided by the vision of “Made in India for the World,” YASH is committed to bolstering India’s self-reliance in power infrastructure. Inspired by the Atmanirbhar Bharat initiative, the company focuses on technological advancements to enhance energy independence and infrastructure resilience. By delivering efficient, innovative, and cost-effective products, YASH plays a pivotal role in ensuring India’s progress in the energy sector while competing in the global market.

Incorporation Date Sector Managing Director
2002 Electricals Keyur Shah

Know Before Investing

Yash Highvoltage IPO Strengths

  • Proven track record in delivering high-quality transformer bushings, earning trust and credibility in the industry.
  • Comprehensive range of products tailored to varied applications, ensuring a broad market reach.
  • Ensures stringent quality control and enhanced product reliability.

Yash Highvoltage IPO Risks

  • Intense competition from established players could impact market share.
  • Economic fluctuations directly influence performance in the power sector.
  • Heavy reliance on the transformer bushing segment increases vulnerability.

Swot Analysis for Yash Highvoltage IPO

Strengths

Specialized Manufacturing, Strong Clientele, International Partnerships, Robust Production Capacity

Weaknesses

Dependence on Power Sector, Limited Brand Awareness, High Operational Costs

Opportunities

Growing Energy Demand, Market Expansion, Technological Advancements

Threats

Intense Competition, Economic Fluctuations, Regulatory Compliance Risks

Company Details

Yash Highvoltage Limited

84/1B
PO Khakharia,
Taluka-Savli, Vadodara 391510,

Phone: +91 74900 28892

Email: cs@yashhv.com

Website: https://www.yashhv.com/

IPO Registar Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

FAQs

The key objectives of Yash Highvoltage IPO are:

  • Establishing a factory for manufacturing RIP/RIS transformer condenser bushings.
  • General Corporate Purposes

Indorient Financial Services Ltd is the book-running lead managers for the Yash Highvoltage IPO.

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