IPO Issue Details
Issue Price / Price Band₹146 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size75,35,000 shares (aggregating up to ₹110.01 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 12 Dec 2024
Subscription CloseMon, 16 Dec 2024
Anchor AllotmentWed, 11 Dec 2024
Basis of AllotmentTue, 17 Dec 2024
Initiation of RefundsWed, 18 Dec 2024
Credit of Shares to DematWed, 18 Dec 2024
Listing DateThu, 19 Dec 2024
UPI Mandate Deadline2024-12-16
Application & Investment Details
Retail — Min (1 Lots)₹1,46,000 — 1,000 shares
Retail — Max (13 Lots)₹1,898,000 (13 Lots)
HNI — Min (2 Lots)₹2,92,000 — 2,000 shares
EPS (Pre-IPO)₹5.45
EPS (Post-IPO)₹4.38
P/E Ratio (Pre-IPO)26.8x
P/E Ratio (Post-IPO)33.32x
Net Offer to Public71,58,000 shares (aggregating up to ₹104.51 Cr)
Reserved for Market Maker3,77,000 shares (aggregating up to ₹5.50 Cr)
Pre-IPO Promoter Holding2,21,46,249 shares
Post-IPO Promoter Holding2,85,51,249 shares
Fresh Issue Shares60,28,000 shares (aggregating up to ₹88.01 Cr)
Offer for Sale Shares11,30,000 shares of ₹5 (aggregating up to ₹16.50 Cr)
About Yash Highvoltage Ltd.
Incorporated in June 2002, Yash Highvoltage Limited specializes in the manufacturing and distributing a wide range of transformer bushings.The company's product portfolio 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. The company also provides repair, retrofitting, and replacement services for old bushings.The company's manufacturing unit is situated in Vadodara, Gujarat, and has an annual production capacity of 7,000 bushings. This capacity is divided into 3,700 units of Oil-Immersed Paper (OIP) Bushings, 3,000 units of Resin-Impregnated Paper (RIP) Bushings, and 300 units of High Current Bushings. The factory is fully equipped with in-house quality testing facilities.As of November 30, 2024, the company has 157 full time employees.Competitive StrengthUnique positioning in the Indian Transformer Bushing MarketThe demand for bushings will increase due to strong industry trends.Strong track record of supply and installation creates entry barriers for new players
Objects of the Issue
Yash Highvoltage Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,21,46,249 shares
Post-IPO Promoter Holding
2,85,51,249 shares