IPO

Yash Highvoltage Limited IPO

BSE SME

Listed On: Dec 19, 2024 at ₹ 277.4

₹ 292000 /2000 Shares
*Min Investment

Check Allotment

12 Dec, 2024

Open Date

16 Dec, 2024

Close Date

17 Dec, 2024

Allotment Date

19 Dec, 2024

Listing Date
Expected Premium
+ ₹140-150 (95.89%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Expected Premium
+ ₹140-150 (95.89%)
Yash Highvoltage IPO Issue Details
  • Issue Price ₹138-146 per equity share
  • Face Value ₹5 Per Equity Share
  • Total Issue Size 75,35,000 shares(aggregating up to ₹110.01 crore)
  • Fresh Share 64,05,000 shares(aggregating up to ₹93.51 crore)
  • Offer For Sale 11,30,000 shares(aggregating up to ₹16.5 crore)
  • Listing at BSE SME
  • List Price 277.4
  • Listing Date 2024-12-19
  • Lead Manager Indorient Financial Services Ltd
  • Registrar Bigshare Services Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)11000₹1,46,000
Retail(max)11000₹1,46,000
NII (min) 22000₹2,92,000
Yash Highvoltage IPO Reservation

Yash Highvoltage IPO offers total 75,35,000 shares. Out of which 14,32,000 (19%) allocated to QIB, 10,74,000 (14.25%) allocated to NII,25,06,000 (33.26%) allocated to RII, NA (NA%) allocated to employees and 21,46,000 (28.48%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered21,46,000 (28.48%)
Market Maker Shares Offered3,77,000 (5%)
QIB Shares Offered14,32,000 (19%)
NII (HNI) Shares Offered10,74,000 (14.25%)
Retail Shares Offered25,06,000 (33.26%)
Total Shares Offered75,35,000 (100%)
Yash Highvoltage IPO Documents
Yash Highvoltage IPO Details


Yash Highvoltage Limited IPO is an SME IPO, priced at ₹138-146 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 75,35,000 equity shares, aggregating up to ₹110.01 crores..

The IPO bidding window is open from Dec 12, 2024 to Dec 16, 2024. The allotment is expected to be finalized on Dec 17, 2024, and the tentative listing date is Dec 19, 2024.

The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,46,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,92,000.

Indorient Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Alacrity Securities Ltd. will act as the market maker for this issue.

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Yash Highvoltage IPO Subscription Analysis And Details
Retail
151.52x
Total
181.82x
As onQIB / NIIRetailTotal
Shares Offered / Reserved14,32,000 / 10,74,000*25,06,0005,012,000
Day 1 12-12-24 06:00 PM
0.00 / 2.54 x4.94 x3.01 x
Day 2 13-12-24 06:00 PM
0.20 / 9.43 x18.18 x11.17 x
Day 3 16-12-24 06:00 PM
123.7 / 330.03* x151.52 x181.82 x

Total No of Applications
4,01,296
Yash Highvoltage Valuations
EPS Pre IPO ₹5.45/-
EPS Post IPO ₹4.38/-
P/E Pre IPO 26.8
P/E Post IPO 33.32
ROE 32.51%
ROCE 44.07%
Debt/Equity 0.17
RoNW 32.51%
PAT Margin 11.12
Price to Book Value 1.07
Yash Highvoltage Company Financials
In Lakhs
In Lakh
31-Mar-2431-Mar-2331-Mar-22
Assets7,039.295,914.594,315.83
Revenue10,912.259,061.156,537.90
Profit After Tax1,206.271,142.22871.23
Net Worth4,213.453,208.212,450.65
Reserves & Surplus3,905.862,900.622,143.06
Total Borrowing707.64777.60744.49
About Yash Highvoltage Company

Incepted in June 2002, Yash Highvoltage Limited deals with manufacturing and distributing various kinds of transformer bushings.

Yash Highvoltage Limited products cover a wide variety of 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. It also undertakes repair, retrofitting, and replacement of old bushings.

The manufacturing unit is located in Vadodara, Gujarat. The annual production capacity of this unit is 7,000 bushings, out of which 3,700 units are of Oil-Immersed Paper (OIP) Bushings, 3,000 units are of Resin-Impregnated Paper (RIP) Bushings, and 300 units are of High Current Bushings. The factory has in-house quality testing facilities.

As on November 30, 2024, the company has 157 full-time employees.

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Yash Highvoltage - Promoter(s)

Mr. Keyur Girishchandra Shah

Pre Issue Share Holding : 79.48%

Post Issue Share Holding : %

Yash Highvoltage IPO - Issue 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 - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Yash Highvoltage Limited5.45N/A19.03N/A32.51N/AN/A
Crompton Greaves Power and Industrial Solutions Limited9.33N/A19.7678.5347.2913.54Consolidated
Hitachi Energy India Limited38.64N/A320.86309.781321.73Consolidated

Notes:

  1. Current Market Price (CMP) is the closing price as of November 29, 2024, sourced from www.bseindia.com. For our company, CMP = Offer Price.
  2. The P/E Ratio has been computed based on the CMP as divided by the Basic EPS as of March 31, 2024.
  3. RoNW has been computed by dividing restated net profit after tax by the average restated Net Worth at the beginning and end of the year/period.
  4. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
Contact Details

Yash Highvoltage

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

+91 74900 28892

cs@yashhv.com

https://www.yashhv.com/

Registrar Contact Details