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19 Dec 2024
Yash Highvoltage Limited IPO
Incorporated in June 2002, Yash Highvoltage Limited has established itself as a prominent entity specializing in the manufacture and distribution of a diverse range of transformer bushings. Renowned for its commitment to quality and innovation, the company has developed a comprehensive product portfolio. This includes Oil-Impregnated Paper (OIP) condenser bushings, Resin-Impregnated Paper (RIP) and Resin-Impregnated Synthetic (RIS) condenser bushings, as well as high-voltage and high-current bushings. Additionally, their offerings encompass OIP wall bushings and oil-to-oil bushings, catering to a broad spectrum of client needs.
Yash Highvoltage Limited is not just about manufacturing; they also provide essential services such as repair, retrofitting, and replacement for old bushings, ensuring that their clients' equipment remains in optimal condition. This commitment to service and support has positioned the company as a trusted partner in the industry.
Situated in the vibrant industrial hub of Vadodara, Gujarat, the company's state-of-the-art manufacturing unit stands as a testament to their dedication to excellence. With an impressive annual production capacity of 7,000 bushings, the facility is strategically designed to meet diverse market demands. This capacity is meticulously divided into 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. Such a setup ensures that Yash Highvoltage Limited can effectively cater to varied customer requirements without compromising on quality.
The factory is fully equipped with in-house quality testing facilities, ensuring that every product adheres to the highest standards of performance and reliability. Through continuous innovation and an unwavering commitment to excellence, Yash Highvoltage Limited remains a leader in the transformer bushing industry, ready to meet the challenges of tomorrow.
Yash Highvoltage Limited IPO Overview:
- ● Issue Type: Book Built Issue IPO
- ● IPO Size: ₹110.01 crore
- ○ Fresh Issue: 64.05 lakh shares (₹93.51 crore)
- ○ Offer for Sale: 11.3 lakh shares (₹16.50 crore)
- ● Subscription Dates: Opens on December 12, 2024 and closes on December 16, 2024
- ● Price Per Share: ₹138 to ₹146 per share
- ● Minimum Lot Size: 1000 shares
- ● Book Running Lead Managers: Indorient Financial Services Ltd.
- ● Registrar: Bigshare Services Pvt Ltd.
- ● Market Maker: Alacrity Securities
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Yash Highvoltage Limited GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 146 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Yash Highvoltage IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 12, 2024 to December 16, 2024 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | ₹138 to ₹146 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 7,535,000 shares (aggregating up to ₹110.01 Cr) |
| Fresh Issue | 6,405,000 shares (aggregating up to ₹93.51 Cr) |
| Offer for Sale | 1,130,000 shares of ₹5 (aggregating up to ₹16.50 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 22,146,249 |
| Shareholding post issue | 28,551,249 |
| Market Maker portion | 377,000 shares Alacrity Securities |
Yash Highvoltage IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Thursday, December 12, 2024 |
| IPO Close Date | Monday, December 16, 2024 |
| Basis of Allotment | Tuesday, December 17, 2024 |
| Initiation of Refunds | Wednesday, December 18, 2024 |
| Credit of Shares to Demat | Wednesday, December 18, 2024 |
| Listing Date | Thursday, December 19, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 16, 2024 |
Yash Highvoltage IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹146,000 |
| Retail (Max) | 1 | 1000 | ₹146,000 |
| HNI (Min) | 2 | 2,000 | ₹292,000 |
Yash Highvoltage IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Yash Highvoltage IPO Promoter Holding
| Share Holding Pre Issue | 79.48% |
| Share Holding Post Issue |
Competitive Strength:
- ● Unique positioning in the Indian Transformer Bushing Market.
- ● The demand for bushings will increase due to strong industry trends.
- ● Strong track record of supply and installation creates entry barriers for new players.
- ● Experienced promoter and management team.
- ● Strong financial performance.
Yash Highvoltage Limited Financial Information
| Period Ended | 30 June 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 8,084.36 | 7,039.29 | 5,914.59 | 4,315.83 | ||||||||||||||||||||||||||||||||||||
| Revenue | 2,777.84 | 10,912.25 | 9,061.15 | 6,537.90 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 312.75 | 1,206.27 | 1,142.22 | 871.23 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 4,526.20 | 4,213.45 | 3,208.21 | 2,450.65 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 3,787.99 | 3,905.86 | 2,900.62 | 2,143.06 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 1,256.97 | 707.64 | 777.60 | 744.49 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 32.51% |
| ROCE | 44.07% |
| RoNW | 32.51% |
| Debt/Equity | 0.17 |
| 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 |
Yash Highvoltage IPO Objectives:-
-
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 objectives:
- 1. Setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings.
- 2. General corporate purposes.
Yash HighVoltage IPO FAQs
-
What is the Yash HighVoltage IPO?
Yash HighVoltage IPO is a SME IPO. The company is going to raise ₹110.01 Crores via IPO. The issue is priced at ₹138 to ₹146 per equity share. The IPO is to be listed on BSE.
-
When will the Yash HighVoltage IPO open for subscription?
The IPO is to open on December 12, 2024 for QIB, NII, and Retail Investors. The IPO will close on December 16, 2024.
-
What is Yash HighVoltage IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Yash HighVoltage IPO Issue Size?
Yash HighVoltage IPO issue size is ₹110.01 crores.
-
What is the Yash HighVoltage IPO Price Band?
Yash HighVoltage IPO Price Band is ₹138 to ₹146.
-
What is Yash HighVoltage IPO Lot Size?
The minimum bid is 1000 Shares with ₹146,000.
-
What is the Yash HighVoltage IPO Allotment Date?
Yash HighVoltage IPO allotment date is December 17, 2024.
-
What is the Yash HighVoltage IPO Listing Date?
Yash HighVoltage IPO listing date is December 19, 2024. The IPO is to be listed on BSE.
-
What is the Yash HighVoltage current GMP?
The current GMP of the Yash HighVoltage is ---.
DRHP:
DRHP of Yash Highvoltage Limited IPO
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